Mark Fonville
CFP®
Covenant Wealth Advisors
Registered Investment Adviser
Mark Fonville
CFP®
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:
- Voted Forbes Best-In-State Wealth Advisors 2022
- Voted #1 fasted growing company in 2020 by Richmond BizSense
- Virginia Tech in 2001 with a BS in Finance
- CERTIFIED FINANCIAL PLANNER (CFP®)
- Series 66 license
- National Association of Personal Financial Advisors (NAPFA) - Member
- Financial Planning Association - Member
- Virginia Council of CEOs - Member
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.
Specialties
- 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
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Mark Fonville is a NAPFA-Registered Financial AdvisorThe 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.
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Mark Fonville is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for VerificationCFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
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Mark Fonville is a member of The Financial Planning Association® (FPA®)FPA® is the largest membership organization for CFP® professionals in the U.S. and supports high standards of professional competence, ethical conduct, and clear, complete disclosure when serving clients.
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Forbes Named Mark Fonville One of the 2022 Best in State Wealth Advisors
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Mark Fonville is Quoted in MarketWatch: "I pay my adviser 1%, but feel like we have ‘poor communication’ and some ‘issues.’ Is this too much to pay and what’s the move here?"
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Mark Fonville is Quoted in the New York Times: "When Gambling Seems Like a Good Investment Strategy"
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Mark Fonville is Quoted on Barrons: "How a Cash Stash Can Help Retirees Keep Peace of Mind, if Not Portfolio"
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Mark Fonville is Quoted on Barrons: "Should You Repay Your Mortgage Early? What to Consider."
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Mark Fonville is Quoted in Forbes: "What’s More Important Than Fees In Your 401(k)?"
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Mark Fonville is Quoted in Forbes: "Why Do Employees Think They Don’t Pay Fees On Their 401(k) Plans?"
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Mark Fonville is Quoted in Forbes: "Do This If You Don’t Like Your 401(k) Plan’s Fees"
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Mark Fonville is Quoted on Kiplinger: "What to Do If You Have to Retire Early"
Contact Mark Fonville
Office Locations:
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8001 Franklin Farms Drive
RM 208
Richmond, VA VA -
351 McLaws Cir
Suite 1
Williamsburg, VA 23185
