Covington Investment Advisors, Inc. Blog

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Mr. Allen works closely with the Portfolio Manager and Lead Advisor assisting in all aspects of portfolio management, investment analysis, and trading. He is also responsible for gathering and interpreting information, making recommendations on investments, researching investment-related questions and maintaining reports.

Background: Mr. Allen is starting his career at Covington Investment Advisors. He is a recent graduate of Indiana University of Pennsylvania with a Bachelor of Science in Finance. 

Mr. Allen may be reached at our office number or by email at

Patrick R. Wallace is the President and Lead Financial Advisor at Covington Investment Advisors, Inc. Mr. Wallace founded Covington Investment Advisors, Inc. in 2003 to provide comprehensive wealth management services as an Independent Investment Advisor. His responsibilities include managing and developing all aspects of the business which include, managing existing client relationships and developing new relationships, training and supervising staff, and managing the resources of the firm. In addition to his responsibilities at Covington, Mr. Wallace serves on numerous community and foundation boards of directors. Mr. Wallace is the sole owner of Covington; however, there is an internal succession plan in place to ensure continuity for the families we serve.

Background: Mr. Wallace’s career began in a trust banking environment starting as a Trust Management Trainee and working his way up to a Vice President and Senior Portfolio Manager. He received his B.S. degree in Business Management from Indiana University of Pennsylvania in 1985. He is a 1989 graduate of the PBA Central Atlantic School of Trust at Bucknell University, a 1990 graduate of the ABA National Trust School at Northwestern University and is a 1992 graduate of the ABA National Graduate Trust School at Northwestern University.

Mr. Wallace may be reached at our office number or by email at

Hannah Patton, Client Services Administrator

Ms. Patton is responsible for responding to our clients' needs and serving as the liaison among our clients, our staff and Charles Schwab and Co., Inc.

Background: Hannah is starting her career at Covington Investment Advisors. She is a graduate of Indiana University of Pennsylvania-Eberly College of Business with a Bachelor of Science in Operations Management.

Ms. Patton may be reached at the office number or by email at

Cindy Jones - Portfolio Manager

Mrs. Jones’ responsibilities include trading, research, monitoring and managing the investment portfolios, and proposing trades at the individual client level and aggregate account level. With her computer programming background she is also responsible for designing and developing tools to help streamline processes and enhance efficiency. Her additional responsibilities include data gathering, modeling, case design, scenario building, plan development, and presentation development.

Background: Mrs. Jones' career started with a third party investment management firm that utilized model portfolios. As she gained experience, she worked her way up to a position in the portfolio management division. Mrs. Jones is a graduate of the University of Pittsburgh and has a B. S. degree in Applied Mathematics. Mrs. Jones holds a Series 65 securities license.

Mrs. Jones may be reached at our office number or by email at

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Covington Investment Advisors, Inc.
301 E. Main Street
Ligonier, PA 15658
Phone: 724-238-0151
Fax: 724-238-0148