# Patrick Wallace

> Patrick Wallace is a fee-only financial advisor at Covington Investment Advisors in Ligonier, Pennsylvania. Patrick focuses on retirement planning. Covington Investment Advisors reports charging a percentage of assets on its Form ADV.

Page: https://find.wellspent.co/advisors/patrick-wallace/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Covington Investment Advisors
- **Based in:** Ligonier, Pennsylvania
- **Fee model (firm's Form ADV):** Percentage of assets
- **Assets under management (firm):** $885.9M across 639 accounts
- **Specialties:** Retirement planning
- **CRD:** 4667283 (https://adviserinfo.sec.gov/individual/summary/4667283)
- **SEC registration:** Investment adviser representative in FL, PA, TX
- **Firm size:** 8 employees
- **Disclosures:** None reported
- **Website:** https://www.covingtoninvestment.com

## Frequently asked questions

### Is Patrick Wallace a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Patrick holds no broker registration, and Covington Investment Advisors reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Patrick charge for financial advice?

Patrick's firm, Covington Investment Advisors, reports charging a percentage of assets on its SEC Form ADV.

### Where is Patrick Wallace based?

Patrick Wallace is based in Ligonier, Pennsylvania.

### What does Patrick specialize in?

Patrick's specialties include retirement planning.

### Is Patrick Wallace registered with the SEC?

Yes. Patrick Wallace is registered as an investment adviser representative in FL, PA and TX (CRD 4667283), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Covington Investment Advisors manage?

Covington Investment Advisors reports $885.9M across 639 accounts in assets under management.

### How do I contact Patrick Wallace?

Through Patrick's website, www.covingtoninvestment.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/4667283): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://www.covingtoninvestment.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.