Mr. Coffman is the Senior Managing Partner of Covenant Investments, with securities and clearing services provided by LPL Financial and investment advice offered through Wealthcare Advisory Partners. His investment advisory practice includes clients in many states across the USA such as VA, MD, DC, CA, CO, DE, FL, NC, SC, and WV. He currently holds the Series 7, 24, 51 and 63 licenses with LPL Financial, as well as the Series 65 through Wealthcare Advisory Partners, LLC.
Mr. Coffman graduated from UCLA with a degree in English Literature. Upon graduation, he took the opportunity to spend a year in Germany playing basketball. The next eight years were spent in the United States Navy as a Naval Flight Officer on the E-2C Hawkeye. After the Navy, and with a keen interest in the financial services industry, he began his career as an investment advisor at Legg Mason. After four successful years there, Steve took his advisory practice to the bank brokerage channel. During his eight years running bank brokerages he developed a strong desire to help businesses with their corporate retirement plans, so in 2006 Steve created his own independent brokerage operation focusing on businesses and their retirement plan needs. An opportunity to continue offering investment advice to individual clients combined with mentoring young advisors brought him back to the bank channel in 2013.
In 2019 Steve developed and refined a proprietary process to assist people navigating their financial lifecycle. Wanting to expand the lifecycle teaching and training opportunities Steve left the bank channel to start his own investment advisory practice, Covenant Investments.
Since starting his career in 1994, Steve has specialized in helping individual clients develop a comprehensive approach to investing. Steve's ideal model emphasizes proper diversification, allocating appropriate funds to address the three phases of the financial lifecycle.
Steve has a wife and four children and currently resides in the Charlottesville area.