9AT: COVINGTON & ASSOCIATES, INC.

COVINGTON & ASSOCIATES, INC.

COVINGTON & ASSOCIATES, INC.

Adviser Profile

As of Date	03/24/2026
Registration	SEC, Approved, 06/20/2001
ADV Location	WESTFIELD, NJ, United States
Contact Info	908 xxxxxxx

AUM^*	308,209,194 27%
of that, discretionary	297,207,543 28%
Number of Employees	3
of those in investment advisory functions	3
Private Fund GAV^*	0
Avg Account Size	1,879,324 20%
% High Net Worth	55.56% -12%
SMA’s	Yes
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management

Reported AUM

297M 255M 212M 170M 127M 85M 42M

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Form ADV-E Surprise Examination Reports

Accounting Firm Name	Filing Date	Form ADV-E
Accounting Firm Name ROSENBERG RICH BAKER BERMAN & COMPANY	Filing Date08/11/2023	Form ADV-E View Report

Brochure Summary

Overview

Successful investment management requires dedication, flexibility, and extensive knowledge in the selection and weighting of securities within a portfolio for capital appreciation and for income generation. Based on this philosophy, Covington & Associates, Inc. (hereinafter “Covington”, “we”, “us”, “our” or the “Firm”) was founded in 1989 to provide personalized investment advisory services for selected individual, institutional, and corporate clients. Covington is organized as a New Jersey corporation. All portfolios are managed by a three-member advisory team including the Firm’s president and owner, Hugh Richard Covington. Covington currently manages a variety of portfolios with investment objectives ranging the spectrum from capital preservation with minimum risk to aggressive capital appreciation with additional risk. The Firm provides individuals, corporations, corporate pension plans, foundations, and trusts with personalized

portfolios based on their specific risk and reward expectations. Clients have direct access to the Firm’s advisory team who manages the portfolios. The Firm invests in stocks, bonds, mutual funds, exchange-traded funds, real estate investment trusts and options in appropriate weightings and combinations. It does not invest in commodity futures or non-marketable securities. Because Covington recognizes the unique attributes and concerns of each client, it customizes each client’s portfolio to reflect the client’s investment restrictions. There are no wrap-fee programs for clients of Covington. There are no commission sales. Clients are charged a fixed fee for assets under management after services are performed. As of December 31, 2023, Covington has $241,880,184 of total regulatory assets under management, $231,335,803 of which is managed on a discretionary basis and $10,544,381 managed on a non-discretionary basis.