News, Tips, And Strategies

Covington Investment Advisors, Inc. of Ligonier is proud to announce that our Portfolio Manager, Ms. Cindy Jones, has successfully completed Level I of the three-part Chartered Financial Analyst (CFA) exam.  After completion of all three levels and other work related requirements Ms. Jones can become a CFA Charter holder.   Covington Investment Advisors is a federally registered investment advisory firm which provides personalized comprehensive wealth management services to high net worth individuals. Its philosophy is to invest long term in proven enterprises of high-quality securities.  Accounts are managed on a separate account basis with Charles Schwab & Co., Inc. as the primary custodian.   Covington Investment Advisors congratulates Ms. Jones on her accomplishment and we have confidence that she will complete the next two levels as successfully as the first.

  As a follow up to our ongoing efforts to defeat the opioid epidemic in Westmoreland County, I wanted to share an article from the Allegheny Institute for Public Policy that briefs on the economic impact of drug abuse. What is the economic impact of opioid and heroin abuse in our area? The estimation ranges from $51-$108 million for each drug in costs for health care, crime, and lost wages and benefits. Nationally these costs were estimated at $55.7 billion in 2007.   Please click on the below link to review the article to learn more about this economic impact, nationally and locally.   http://www.alleghenyinstitute.org/the-economic-impact-of-opioid-abuse-locally/