Who We Are
Patrick R. Wallace
President & Lead Financial Advisor
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.
Administrative Assistant and Office Manager
Mrs. Johnson’s primary responsibility is for the management of the Covington business office including budgets, accounting, payroll and benefits, office equipment purchase and maintenance and management fees. She also serves as Administrative Assistant to Mr. Wallace and is able to assist in other areas of the investment management side of the business as needed.
Background: Mrs. Johnson's career has been as a support person for upper level management professionals in numerous fields (academia, insurance, environmental consulting, public relations, manufacturing). Her job experience has been supplemented with college courses in Business Management, Human Resources Management as well as informal courses in other business-related and office management subjects.
Mrs. Jones’ responsibilities include trading, research, monitoring and managing the investment portfolio’s, 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.
Hannah Patton, CTFA
Client Services Administrator
Mrs. Patton is responsible for the servicing and administration of client and prospect relationships at Covington. She is also the dedicated point of contact for corresponding with our custodian, Charles Schwab and Co., Inc.
Background: Hannah is starting her career at Covington Investment Advisors. She is a graduate of Indiana University of Pennsylvania with a Bachelor of Science in Operations Management. Hannah has also been awarded the Certified Trust and Financial Advisor (CTFA) Professional Certification from the American Bankers Association.
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, researching potential 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.
Member of the Ligonier Chamber of Commerce since 2004.