Covell Financial, LLC is a family-owned Registered Investment Advisor company.
A Registered Investment Advisor, unlike a stock broker, has the legal duty as a fiduciary to place its clients’ interests first.
We host seminars and workshops on a frequent basis to help educate consumers on estate planning and low-risk financial opportunities. It is our firm belief that well-informed clients are better able to make wise decisions involving their estates and financial well-being.
We are retirement specialists.
Our clients are mainly retired or planning for retirement. For that reason, we stress planning that involves only low-risk or no risk financial opportunities. Our general philosophy is that risk is the biggest enemy of a sound portfolio in today’s uncertain world and today’s uncertain financial market.
The managing partner of Covell Financial, LLC, is Stephen E. Covell. Mr. Covell has over 32 years of experience as an estate planning attorney. After years of seeing not only serious estate planning mistakes from a legal standpont, but also from a financial standpoint, Mr. Covell decided to form Covell Financial to help clients formulate low-risk positions as part of their overall financial strategy.
“Some 250,000 persons in the U.S. call themselves a ‘financial advisor’ –the great majority are brokers. So, of all the people who can call themselves financial advisers, about 5 percent are registered investment advisers. This is an important fact. A registered investment adviser is the only person in this group who has a sworn fiduciary duty to put your interests first.” –Scott Burns
We are an Institutional Investor company with TD Ameritrade. We use TD Ameritrade to handle client trades, act as custodian of our client funds, and for all accounting.
Asset Protection Consulting. Covell Financial provides consultation services to attorneys and CPAs in the field of client protection from creditor actions. Louisiana has several unique laws that afford clients the means to avoid or diminish exposure to asset loss through creditor suits. Some of these methods involve insurance and investment products. Covell Financial is uniquely positioned to provide the attorney or CPA with advice and products to help the client who is at serious risk of asset loss from creditors.
Biographies of Covell Financial members
We have been in the same location in Baton Rouge for over 20 years.