Mark Fonville
Chief Executive Officer, Covenant Wealth Advisors
Professional Overview
Mark Fonville is the Chief Executive Officer of Covenant Wealth Advisors, a leading financial advisory firm based in Richmond, Virginia. With over 20 years of industry experience, he is a seasoned financial services professional with a proven track record of driving growth, innovation, and client success.
Experience Summary
Current Role
As CEO of Covenant Wealth Advisors since 2018, Mark is responsible for setting the strategic vision and overseeing all aspects of the firm's operations. Under his leadership, Covenant Wealth Advisors has experienced significant expansion, increasing its client base by 42% and assets under management by 38%. Mark is known for his ability to identify and capitalize on emerging market trends, guiding the firm's product and service offerings to meet the evolving needs of its diverse client base.
Career Progression
Prior to joining Covenant Wealth Advisors, Mark held several key roles in the financial services industry. He served as the Regional Director at Loring Ward from 2007 to 2018, where he was instrumental in growing the firm's presence in the Mid-Atlantic region. Earlier in his career, Mark co-founded EZL Software, LLC, a fintech startup focused on automating financial planning workflows, and held positions as a National Sales Team Lead and Financial Specialist at Wachovia Securities, LLC.
Academic Background
Mark holds a Bachelor of Science in Finance from the University of Virginia's McIntire School of Commerce, where he graduated with honors.
Areas of Expertise
- Financial planning and wealth management
- Investment portfolio construction and optimization
- Retirement planning and income strategies
- Fintech and digital transformation
- Strategic leadership and team building
Professional Impact
Throughout his career, Mark has been recognized for his industry expertise and commitment to client success. He has authored several industry publications, speaking on topics such as retirement income planning and the role of technology in wealth management. Mark is also an active member of the Financial Planning Association and serves on the board of directors for a local non-profit organization focused on financial literacy.
Conclusion
With his deep industry knowledge, innovative mindset, and proven leadership abilities, Mark Fonville is well-positioned to continue driving Covenant Wealth Advisors' growth and solidifying its reputation as a trusted financial advisory firm. Committed to the highest standards of client service and professional ethics, Mark is dedicated to empowering individuals and families to achieve their long-term financial goals.
