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Private Wealth Daily
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The Lean 100 · 2026 edition
No.84
Covenant Wealth Advisors logo

Covenant Wealth Advisors

Richmond, VA · Firm website

83%AUM growth, 2024 to 2026
$910MAUM in the 2026 filing
42%client growth
12people at the firm

AUM by filing

$272M2023
$496M2024
$653M2025
$910M2026

Clients by filing

1972023
3692024
4272025
5232026

Key people

  • Mark FonvilleCEO & PresidentOwner · 8 years at the firm
    in
  • Katherine FonvilleFounderOwner · 16 years at the firm
    in
  • Matt BrennanFinancial AdvisorOwner · 3 years at the firm
    in
  • Adam SmithPartnerOwner · 3 years at the firm

Against the list

  • MeasureThis firmList median
  • AUM growth83%104%
  • Client growth42%43%
  • People127
  • AUM per person$75.8M$49.7M

Rank by measure

  • Official rankNo. 8483%
  • Client growthNo. 5242%
  • AUM added per personNo. 39$34.4M
  • AUM per personNo. 29$75.8M

AUM jump noted: this firm reported a large one-year rise with no deal we could find behind it.

← No. 83 James River Asset ManagementNo. 85 Rooted Wealth Advisors →
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Covenant Wealth Advisors: No. 84 on The Lean 100 (2026) — Private Wealth Daily