Financial Advisor - Richmond, VA

Covenant Wealth Advisors; Richmond (VA); Hybrid; USD 110,000 - 154,000; Full time

Benefits offered by this job

Competitive base salary

Quarterly incentive

Healthcare premiums paid

401(k) employer match

Parental & maternity leave

Dependent Care FSA

Generous PTO

Professional development budget

Hybrid in-office 4d/1 remote

Matching gifts program

Job summary

Covenant Wealth Advisors is seeking an experienced Financial Advisor (CFP®) to serve as a primary advisor in our Richmond, VA office, handling a growing roster of client families with $1M–$10M+ in investable assets.

This role emphasizes relationship-building, retirement income planning, and tax planning, with no cold calling and a referral-driven funnel. Hybrid schedule offers in-office and remote flexibility.

Qualifications

• CFP designation active and in good standing.
• 5+ years of direct experience in comprehensive financial planning and investment management for affluent clients.
• Deep knowledge of retirement income planning and wealth management for clients with $1M–$10M+ in investable assets.

Responsibilities

• Serve as the primary advisor for client families, guiding retirement income planning and investment management.
• Build deep, lasting relationships grounded in trust and proactive communication.
• Collaborate with CPA and other advisors on complex planning situations.
• Grow client base through marketing and referrals; meet qualified prospects.

Skills

CFP designation

Financial planning

Investment management

Communication skills

Team mindset

Tools

MoneyGuide Pro

Holistiplan

Tamarac

Wealthbox

Job description

Founded in 2010, Covenant Wealth Advisors is a fast growing, independent, and fee-only wealth management firm located in Richmond, VA. We specialize in helping individuals age 50+ plan for and enjoy retirement by integrating investment management, retirement planning, and tax planning into one coordinated strategy.

We are a team of fiduciary advisors — no commissions, no product sales — serving clients across Virginia and the United States. We manage over $1.05+ billion in assets (as of 06/30/2026) with a culture built on integrity, excellence, and genuine care for our clients and each other.

The Opportunity

We are looking for an experienced Financial Advisor (CFP®) to serve as a primary advisor in our Richmond, VA office location to a growing roster of client families. This role is designed for a seasoned planner with 5+ years of experience who loves building long-term relationships and helping people navigate retirement with clarity and confidence.

Our firm has invested heavily in marketing and referral relationships that consistently attract qualified prospects with $1M–$10M+ in investable assets. You won't cold call, prospect, or run seminars — qualified families are booked onto your calendar, and your job is to get to know them and determine if we're the right fit for each other. This role exists because of growth, not turnover. We need another lead advisor to meet the demand.

What You'll Do

At its core, this is a client advisory and service role. You'll build lasting relationships with families navigating some of the biggest financial decisions of their lives. Your time allocation shifts as you grow your client base with Covenant — here's what to expect:

Client-Facing Planning & Relationships

• Serve as the primary advisor for client families, guiding them through retirement income planning, investment management, tax optimization, Social Security timing, Roth conversion analysis, and estate coordination.
• Build deep, lasting relationships grounded in trust, proactive communication, and genuine care for each client's financial well-being.
• Collaborate with our CPA on staff and associate advisors on complex planning situations.
• This is the heart of the role — and the portion of your time dedicated to it grows as your client base grows.

Meeting with Prospective Clients

• No cold calling. Prospects come to you.
• Meet with qualified prospects who come to us through our marketing and referral network.
• Learn about their goals, concerns, and financial situation, then walk them through how we work.
• Help determine if we're the right fit for each other — no pressure, no sales tactics.
• Your focus in year one is getting to know people and welcoming the right families into the firm.

Professional Development & Collaboration

• Participate in ongoing training and professional development — we're a team that likes to learn.
• Collaborate with fellow advisors, our CPA, and the operations team on complex client situations.
• Contribute to a culture of continuous improvement and high standards of client care.

As you grow your client base with Covenant, your time naturally shifts toward the client relationships you've built. At full capacity (~100-115 households), the majority of your time is spent serving clients you know well, supported by a steady but smaller flow of new families joining the firm.

What We're Looking For

Required Qualifications

• CFP® designation (active and in good standing).
• 5+ years of direct experience in comprehensive financial planning and investment management serving affluent clients.
• Deep knowledge of retirement income planning and wealth management for clients with $1M–$10M+ in investable assets.
• Ability to clearly communicate the value of an evidence-based investment approach.
• Communication Skills: You listen before you advise, write clearly, and build trust through competence and genuine care.
• Team Mindset: You enjoy collaboration and believe the best work happens in a coordinated team.

Preferred Qualifications (not required)

• Experience with MoneyGuide Pro, Holistiplan, Tamarac, or Wealthbox.
• Prior experience at a fee-only RIA or independent advisory firm.
• CPA, ChFC, EA, or other complementary designations.

The Firm at a Glance

• AUM: $1.05 billion as of 06/30/2026
• Clients: 550+ households
• Average Client: $1M–$10M+ investable assets
• Team: 7 CFP® professionals + associate advisors + dedicated ops team
• Fee Structure: 100% fee-only fiduciary
• Investment Philosophy: Evidence-based (Dimensional, Avantis, Vanguard)
• Targeted Client-to-Advisor Ratio: 60:1 target
• Locations: Richmond, VA (primary) and Reston, VA and Williamsburg, VA

Life at Covenant (Benefits & Culture)

We believe that to take great care of our clients, we must first take care of our team. We value work-life balance and make space for family, friends, and personal fulfillment.

• Competitive Base Salary from $110,000 to $154,000 depending upon level of experience and number of clients managed.
• Additional Quarterly Incentive: Revenue-sharing bonus tied to firm growth - Generally 5 to 15% of base salary
• Financial Wellness: 401(k) plan with employer match.
• Comprehensive Health: Covenant pays up to 75% of medical, dental, and vision premiums.
• Paid Parental & Maternity Leave.
• Dependent Care Account (FSA): Set aside pre-tax dollars for childcare expenses.
• Time Off: Generous Paid Time Off (PTO) policy.
• Professional Development: Budget and ongoing training to keep growing in your craft.
• Hybrid Flexibility: 4 days in-office and 1 day remote.
• Community: Matching gifts program to support the causes you care about.

Our Values

• Integrity: We prioritize objectivity, transparency, and putting clients first.
• Enjoy Life and Family: We respect boundaries and support your life outside the office.
• Listen: We ask good questions, listen deeply, and take a genuine interest in people's stories.
• Pursue Excellence: We invest in better processes and superior outcomes.
• Gratitude: We never take our clients' trust for granted.
• Make It Happen: We foster a positive attitude where everyone owns their responsibilities.

If this sounds like the kind of place where you'd do your best work, we'd love to hear from you.