Firm
Covenant Asset Management
Chester, New Jersey
Fee-only
Covenant Asset Management at a glance
- One of 217 fee-only firms based in New Jersey in the Wellspent graph.
- 10 advisors are listed here; 3 of 10 hold the CFA.
- Its Form ADV reports 11 employees and 643 individual clients, 412 of them high net worth.
- Its average account is about $1.0 million (assets it manages divided by its 665 accounts).
Fee-only advisors in New Jersey · What fee-only advisors charge in New Jersey
Facts
| Based in | Chester, New Jersey |
|---|---|
| Website | covasset.com |
| Phone | (908) 879-4090 |
Covenant Asset Management fees
Covenant Asset Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $693 million |
| Individual clients | 231 |
| High-net-worth clients | 412 |
| Accounts managed | 665 |
| Employees | 11 |
| Planning clients | 251-500 |
| Registered with | The SEC (801-56296) |
| Financial planning | Offered |
| Form ADV filed | March 19, 2026 |
| SEC record | CRD 108567 |
Advisors at this firm (10)
Other fee-only firms in New Jersey
- Covered Bridge Financial · Califon
- CRA Financial · Northfield
- Cypress Financial Planning · Haddon Heights
- Dorchester Advisors · Short Hills
- Drucker Wealth · Mahwah
- Eagle Grove Advisors · Westfield
- Elements 5 Investment Management · Bridgewater
- Emissary Wealth · Hackensack