Paragon Capital Management Inc is a large advisory firm based in Provo. It manages $100.72 million of regulatory assets for 367 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Louisiana, Texas, and Utah.
Paragon Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Paragon Capital Management Inc is $100.72 million. The firm's AUM has grown by 60% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Paragon Capital Management Inc for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of David Allen Young is high net worth individuals with 11 clients and $36.5 million of assets under management. Among the 7 most similar advisory firms, Paragon Capital Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $100.72 million for 141 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Paragon Capital Management also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $200,000 to $250,000.
The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Paragon Capital Management Inc is owned by Catherine B Young. David Allen Young has been acting as President since 1 Nov 1993. Nathan Dale White has served as the Chief Investment Officer since 1 Sep 2006. Jennifer Lynn Donahoe joined the executive team most recently as the Compliance Officer.
The principal office where Paragon Capital Management Inc performs its advisory services is located at 3651 North 100 East, Provo, UT 84604 4557, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 801-375-2500 or by fax 801-370-1111. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at paragonwealth.com/.