PARAGON WEALTH MANAGEMENT

RIASEC RegisteredEst. 1993

Total AUM

$153M

Discretionary

$146M

95% of AUM

Avg account

$340K

Accounts

451

Employees

Advisory reps

Firm details

Headquarters: PROVO, Utah
CRD number: 105962
Registered since: December 8, 1993
Website: www.paragonwealth.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Performance Based Fees
Client types: HNWI45.41%
Individuals39.9%
Pooled Investment Vehicles11.15%
Pension & Profit Sharing Plans2.64%
Charitable Organizations0.71%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Paragon Wealth Management is an independent registered investment adviser first registered with the SEC in 1993. The firm identifies as a domestic entity with individual ownership and positions itself as a capital allocator for both individual/family clients and institutional accounts. Its advisory work spans comprehensive financial planning, discretionary portfolio management for individuals and small businesses, management of pooled investment vehicles, portfolio services for institutions and businesses, and the selection of outside managers. Paragon charges fees on an asset-based scale and also uses hourly and performance-linked fee arrangements. The firm does not characterize itself as an ESG-focused investor and is not registered as a multi-state adviser. It also serves in sponsor/GP/managing-member roles for pooled vehicles rather than only acting as a passive allocator. Paragon was recognized in FA Magazine’s Top RIA Firms list in 2020.