Who We Are

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 pwallace@covingtoninvestment.com

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. Additionally, Mrs. Jones is responsible for the compliance program at Covington.

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 is a Chartered Financial Analyst (CFA) charterholder and holds a Series 65 securities license.

Mrs. Jones may be reached at our office number or by email at cjones@covingtoninvestment.com

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 Fiduciary Advisor (CTFA) Professional Certification from the American Bankers Association. 

Mrs. Patton may be reached at the office number or by email at hpatton@covingtoninvestment.com

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. Mr. Allen holds a Series 65 securities license.

Mr. Allen may be reached at our office number or by email at nallen@covingtoninvestment.com

Mrs. Kennedys’ responsibilities include assisting in enhancing and maintaining Covington’s compliance program by working with the Chief Compliance Officer.  Additional responsibilities include updating the firm’s regulatory filings, providing daily support to clerical and operational tasks, and interacting with all departments and staff within the firm to ensure consistency in and adherence to the compliance policies and procedures. 

Background: Mrs. Kennedy’s career began in the social services profession and transitioned into the legal field in recent years.  She gained experience from working in the local county court system, specifically the criminal court room setting and the district attorney’s office and has been able to apply her detail-oriented skills to Covington’s compliance program.  Mrs. Kennedy is a graduate of Geneva College and Indiana University of Pennsylvania and has a Bachelor of Science degree in Psychology and a Master of Arts degree in Criminology. 

Mrs. Kennedy may be reached at our office number or by email at nkennedy@covingtoninvestment.com

Mrs. Buterbaugh’s responsibilities include assisting the President and other associates with calendar management, monitoring the office supply system, fostering a productive and collaborative environment, streamlining processes, and supporting the team in achieving their goals.  Additional responsibilities include overseeing client experience, ensuring optimal customer service is provided both in person and over the phone.

Background: Mrs. Buterbaugh’s career began in the healthcare sector, where she dedicated herself to serving others through the provision of pharmaceutical care. She developed a deep understanding of patient needs, medication management, and the intricacies of the healthcare system. This journey instilled a strong sense of empathy, attention to detail, and a commitment to excellence in all endeavors. Mrs. Buterbaugh is a graduate of Westmoreland County Community College and has an Associates Degree in Medical/Healthcare Management. 

Mrs. Buterbaugh may be reached at our office number or by email at jbuterbaugh@covingtoninvestment.com