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Top 3 financial advisor firms in Covington

3 SEC-registered financial advisor firms are headquartered in Covington, KY, with $3.42B in combined regulatory assets under management. The largest by assets are Journey Advisory Group ($1.65B), Legacy Financial Advisors ($1.52B) and Principled Wealth Advisors ($252M).

3
Financial advisor firms
$3.42B
Their combined AUM
$1.52B
Median firm AUM
2,110
Clients of the top 3

The 3 largest by assets

  1. 1
    Journey Advisory Group

    RIA

    $1.65B

  2. 2
    Legacy Financial Advisors

    RIA

    $1.52B

  3. 3
    Principled Wealth Advisors

    RIA

    $252M

Profiles of the top 3

No. 1 · RIA

Journey Advisory Group

Journey Advisory Group is an investment adviser based in Covington, KY, registered with the SEC since 2014. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $1.65 billion, as filed on 21 August 2026.

Journey Advisory Group charges 0.50%–1.00% a year for its Individual Portfolio Management Services (IPMS).

Regulatory AUM
$1.65B
Clients
888
Advisory staff
15
Founded
2014
Fee schedule
0.50% to 1.00% a year
Custodians
Charles Schwab, Interactive Brokers
Headquarters
50 E. Rivercenter BLVD, Suite 301, Covington, KY 41011
Phone
859-888-0356
Website
journeyadvisory.group

No. 2 · RIA

Legacy Financial Advisors

Legacy Financial Advisors is an investment adviser based in Covington, KY, registered with the SEC since 2011. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $1.52 billion, as filed on 17 July 2026.

Legacy Financial Advisors charges 0.50%–1.00% a year for its Standard Fee Schedule.

Regulatory AUM
$1.52B
Clients
1,065
Advisory staff
12
Founded
2006
Fee schedule
0.50% to 1.00% a year
Custodians
Fidelity
Headquarters
117 East Fourth Street, Covington, KY 41011
Phone
859-655-5225
Website
legacyfinancialadvisors.com

No. 3 · RIA

Principled Wealth Advisors

Principled Wealth Advisors is an investment adviser based in Covington, KY, registered with the SEC since 2026. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $252 million, as filed on 22 June 2026.

Principled Wealth Advisors charges up to 1.00% a year for its Investment Management Fee.

Regulatory AUM
$252M
Clients
157
Advisory staff
2
Founded
2004
Fee schedule
Up to 1.00% a year
Custodians
SEI Private Trust
Headquarters
100 East Rivercenter BLVD, Suite 810, Covington, KY 41011-1513
Phone
859-957-2737
Website
principledwealth.net

Questions about financial advisors in Covington

How many financial advisor firms are headquartered in Covington?

3 SEC-registered financial advisor firms report their principal office in Covington, KY, managing $3.42B in regulatory assets between them. The other 1 adviser headquartered in the city are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Covington?

Journey Advisory Group, with $1.65B in regulatory assets under management on its latest Form ADV. The next largest are Legacy Financial Advisors ($1.52B) and Principled Wealth Advisors ($252M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Covington?

The median firm manages $1.52B in regulatory assets. That is the midpoint of the 3 firms headquartered in Covington.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Covington charge?

Of the 3 largest firms, 3 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.00% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Covington?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

Covington has 3 financial advisor firms; see every adviser in the city →

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