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Fee-only adviser · Ligonier, PA

Covington Investment Advisors, Inc.

From SEC and state Form ADV filingsUpdated 2026-11-07

Covington Investment Advisors, Inc. is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Ligonier, Pennsylvania. On its latest Form ADV, filed February 26, 2026, it reports $886M in regulatory assets under management, 215 individual clients and 4 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.

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Key facts from Form ADV

RegistrationSEC-registered
Firm CRD number127270 · SEC file 801-62139
Office301 East Main Street
Ligonier, PA 15658
Phone(724) 238-0151
Websitewww.covingtoninvestment.com
Regulatory assets under management$886M ($855M discretionary)
Individual clients141 non-high-net-worth, 74 high-net-worth
Financial planning clients101-250
How it chargesPercentage of assets
ServicesFinancial planning, Portfolio management, Pension consulting
Employees8
Disciplinary disclosuresNone reported
Latest Form ADV filingFebruary 26, 2026

Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.

What this means for you

  • It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
  • Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
  • It provides financial planning services, not only portfolio management.
  • It reports no disciplinary history on Form ADV.

Before you hire any adviser

Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.

Nearby

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