Covenant Asset Management, LLC
Firm details
- Headquarters
- Chester, New Jersey
- CRD number
- 108567
- Registered since
- March 18, 1999
- Website
- www.covasset.com
- Custodians
- CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI90.34%
- Individuals6%
- Charitable Organizations2%
- Pension & Profit Sharing Plans1.33%
- Corporations / Businesses0.34%
- Services
- Financial PlanningPortfolio Management for IndividualsPension Consulting
Firm profile
FINTRXOverview
Covenant Asset Management, LLC is an independent registered investment adviser organized as a limited liability company and SEC-registered since 1999. The firm serves both individuals and families as well as institutional clients, offering financial planning, portfolio management for individuals and small businesses, and pension consulting services. Its pricing arrangements include percentage-of-AUM fees alongside hourly and fixed-fee engagements. Covenant reports no active ESG investing designation.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities69%
- Public Funds/Mutual Funds13%
- Cash & Cash Equivalents10%
- US Government Bonds3%
- Derivatives3%
Owners & executives
1 of 1
John Guarino
President, Chief Investment OfficerCRD 4369702
Contacts
3 of 9
Donald Weir
Senior Portfolio ManagerCRD 1045767
David Guarino
Portfolio ManagerCRD 7852531
Daniel Connolly
Investment Advisor RepresentativeCRD 4075390
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 37Active vs passive
$45.8M in ETFs
96%
$43.9M
2%
$1.9M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TRUST (SPY) | State Street | Passive | Large Blend | $9.5M | 12,690 | 20.67% |
Location
Chester, NJ
Morris
Location
Chester, NJ
Headquartered in Chester, NJ, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- Morris
- Address
- 125 Maple Ave
- Time zone
- ET (UTC-5)
- Office locations
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