Mark Fonville


Covenant Wealth Advisors

Registered Investment Adviser

I can work with clients anywhere!

Mark Fonville


Covenant Wealth Advisors

Registered Investment Adviser

As a fee-only financial planner and fiduciary financial advisor, our mission is to provide our clients with financial security and peace of mind through a lifetime of trust, personal relationship, and objective advice. - Mark Fonville, CFP®

Mark is a FEE-ONLY financial planner and fiduciary advisor with offices in Richmond and Williamsburg, VA. He specializes in financial planning and investment management for individuals age 50 plus who are nearing retirement.

Mark Fonville is a fee-only financial planner and fiduciary financial advisor in Richmond and Williamsburg VA. His firm, Covenant Wealth Advisors, is a private wealth management and fee only financial planning firm in Richmond, VA and Williamsburg, VA.

We're not your typical financial advisor.

You'll enjoy a relationship with a comprehensive financial planner who ties your investment plan to your overall life plan. Not only can we provide you with investment management, we can be a valued catalyst to encourage you to plan ahead for the expected and unexpected.

Better questions, deeper relationships, and financial advice that incorporates your life goals are just a few of the reasons successful families choose us as their trusted fiduciary financial advisor.

As a fee-only, fiduciary, and independent financial advisor, Mark Fonville is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.

Mark Fonville is the President of Covenant Wealth Advisors and is a CERTIFIED FINANCIAL PLANNER™ practitioner. Mark has over 20 years of experience in the areas of financial planning and investment management for individuals and families age 50+ with over $1 million in savings and investments.

Prior to joining the firm, Mark served as the Regional Director for Loring Ward, an investment management firm located in San Jose, CA that had over $17 billion in assets. There, Mark served on the leadership team and provided investment strategy and consulting to some of the most experienced financial advisors in the country.

Additionally, Mark has been featured in the New York Times, Barron's, Forbes, Kiplinger Magazine and more. He is an accomplished public speaker on investment management and strategy, having spoken across the country at events for the Financial Planning Association, New York Life, Commonwealth Financial, Cambridge Investment Research, among others.

Mark is an active member of the National Association of Personal Financial Advisors (NAPFA) and the Financial Planning Association (FPA).

​Mark graduated from Virginia Tech in 2001 with a BS in Finance and holds a Series 66 license. He is an active member of St. Mary's Church in Richmond, VA and enjoys time with his three children and wife, Katherine.


Awards, Education and Memberships:


Mark Fonville is a Member of the National Association of Personal Financial Advisors

The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.

NAPFA members live by three important values:

  • To be the beacon for independent, objective financial advice for individuals and families.
  • To be the champion of financial services delivered in the public interest.
  • To be the standard bearer for the emerging profession of financial planning.

Fee Only Financial Planners with One Focus. You.

Our financial advisors understand that your life is about more than just money. We also know that not having enough money to live comfortably in retirement can be worrisome. If unprepared, experiencing a significant investment loss during a market downturn can derail even the best investment plans.

At Covenant Wealth Advisors, we help you reduce financial stress and increase financial security. We get to know you and build meaningful, long-term relationships so we can help you live a great life. As a result, our financial plans and wealth management advice is personalized to help you accomplish your goals and worry less.

Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.


  • Investing for High-Net-Worth
  • Investment Management
  • Retirement Income Planning
  • Comprehensive Financial Planning
  • Tax Planning
  • Social Security Timing

Ideal Clients

  • You have $1 million plus in investments (excluding real estate)
  • You are age 50 plus
  • You are a doctor or high income earner
  • You view retirement as a major financial concern
  • You believe in having a long-term plan, rather than short-term trading or speculation that may or may not work
  • You prefer to delegate whenever possible

Working Together

  • In-Office Meetings
  • Virtual Meetings
  • Clearly Defined Fees
  • No Product Sales
  • Complimentary Initial Consultation

Professional Designations & Affiliations

Contact Mark Fonville

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Office Locations:

  • 8001 Franklin Farms Drive
    RM 208
    Richmond, VA VA
  • 351 McLaws Cir
    Suite 1
    Williamsburg, VA 23185

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