{"url":"https://nivawealth.com/firms/covingtonalsina-326810","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/326810","regulatoryAum":282930732,"crd":"326810","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8186879","suffix":null,"lastName":"Anthony","firstName":"Heather","middleName":"Megan"},{"crd":"4723049","suffix":null,"lastName":"COVINGTON","firstName":"ANN","middleName":"M."},{"crd":"7723630","suffix":"Jr.","lastName":"Grant","firstName":"John","middleName":"Lawrence"},{"crd":"7386673","suffix":null,"lastName":"Mulea","firstName":"Nicole","middleName":null}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-07-21","regulatoryAum":0,"clients":0,"employees":4,"offices":1},{"filedOn":"2024-05-08","regulatoryAum":148883390,"clients":425,"employees":4,"offices":1},{"filedOn":"2025-07-25","regulatoryAum":189339339,"clients":476,"employees":3,"offices":2},{"filedOn":"2026-08-26","regulatoryAum":282930732,"clients":1241,"employees":10,"offices":2}],"secFileNumber":"801-128186","legalName":"Covingtonalsina, LLC","displayName":"CovingtonAlsina","slug":"covingtonalsina-326810","website":"https://covingtonalsina.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/covingtonalsina","xUrl":"https://twitter.com/covingtonalsina","founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2114 Oak Street","city":"Jacksonville","state":"FL","stateName":"Florida","country":"United States","postalCode":"32204"},"tradeNames":[],"registration":{"secApproved":"20 June 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":227459.81310679612,"staff":{"employees":10,"advisory":4,"brokerDealerReps":0,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":282930732,"discretionary":282930732,"discretionaryAccounts":1241,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":127},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1146,"regulatoryAum":104246400},{"label":"High-net-worth individuals","clients":90,"regulatoryAum":176893929},{"label":"Pension and profit-sharing plans","clients":1,"fewerThan5":true,"regulatoryAum":146798},{"label":"Charitable organizations","clients":3,"fewerThan5":true,"regulatoryAum":1009274},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":634331}],"feePrograms":[{"role":"main","program":"Portfolio Management Fees","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005905","versionId":1005905,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-03","documentName":"FORM ADV PART 2A- COVINGTONALSINA","fee_rate_low":0.15,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"Fixed fees of $500 to $5,000 for a financial plan; Core packages up to $1,250 a year and Choice packages up to $5,250 a year. Hourly fees are $150 to $500.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005905","versionId":1005905,"submittedOn":"2026-02-03","documentName":"FORM ADV PART 2A- COVINGTONALSINA"},{"role":"other","program":"Pension Consulting","summary":"Annual fee for retirement plan advisory services of up to 1% of plan assets, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005905","versionId":1005905,"submittedOn":"2026-02-03","documentName":"FORM ADV PART 2A- COVINGTONALSINA"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:18:56.095643+00:00","documents":[{"name":"FORM ADV PART 2A- COVINGTONALSINA","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005905","versionId":1005905,"submittedOn":"2026-02-03"}]},"custodians":[{"name":"SEI Investments Distribution Co.","shortName":"SEI Investments Distribution","location":"Oaks, PA","smaAssets":281783934}],"custodyNote":"CovingtonAlsina does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Ann Covington","title":"Managing Member and Chief Compliance Officer","crd":"4723049"}],"ownership":[{"label":"Ann Covington","detail":"Managing member and chief compliance officer in the 75% or more ownership band and a control person, since February 2016."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2114 Oak Street","city":"Jacksonville","headquarters":true}]},{"state":"Maryland","offices":1,"addresses":[{"street":"67 West Street","city":"Annapolis"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"904-449-7326","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"500","assetMix":[{"label":"Exchange-traded equity securities","percent":29},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":54},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":3,"detail":"Depository Receipts, LP and PP"}],"privateFunds":0},"sources":{"adv1FilingDate":"26 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/326810/PDF/326810.pdf","brochureDate":"3 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005905","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does CovingtonAlsina have?","answer":"CovingtonAlsina has 1,241 clients and manages $283 million for them, as of August 2026. They include 1,146 individual clients, 90 high-net-worth individuals and 3 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does CovingtonAlsina offer?","answer":"CovingtonAlsina provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does CovingtonAlsina charge?","answer":"CovingtonAlsina charges 0.15%–1.25% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.","source":"FORM ADV PART 2A- COVINGTONALSINA, filed 3 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does CovingtonAlsina use?","answer":"CovingtonAlsina’s separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $282M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does CovingtonAlsina have?","answer":"CovingtonAlsina has 4 investment adviser representatives registered with state securities authorities, out of 10 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does CovingtonAlsina invest in?","answer":"At the end of its last fiscal year, CovingtonAlsina’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 29% exchange-traded equities, 4% state and local bonds, 4% investment grade corporate bonds, 3% cash and equivalents and 3% other. The 3% other category is described as: Depository Receipts, LP and PP.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns CovingtonAlsina?","answer":"CovingtonAlsina’s direct owner is Ann Covington (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does CovingtonAlsina get paid?","answer":"CovingtonAlsina is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact CovingtonAlsina?","answer":"CovingtonAlsina’s main office is at 2114 Oak Street, Jacksonville, FL 32204. Its phone number is 904-449-7326. Its website is covingtonalsina.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}