Paragon Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars, divorce planning, education planning, estate planning, and retirement plan services. Financial planning was provided to 251–500 clients last fiscal year.
Paragon Advisors reports 458 clients. They include 252 high-net-worth individuals, 185 individual clients, and 14 pension and profit-sharing plans. Of its assets, 100.0% ($1.05B across 2,696 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 8% |
| High-net-worth individuals | 55% | 83% |
| Pension and profit-sharing plans | 3% | 5% |
| Charitable organizations | 1% | 5% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 185 | $79.4M | 7.6% | $429K |
| High-net-worth individuals | 252 | $871M | 83.3% | $3.46M |
| Pension and profit-sharing plans | 14 | $47.2M | 4.5% | $3.37M |
| Charitable organizations | 6 | $47.5M | 4.5% | $7.92M |
| Corporations and other businesses | Fewer than 5 | $375K | 0.0% | $375K |
| Total | 458 | $1.05B | 100% | — |
- Clients
- 185
- Regulatory AUM
- $79.4M
- AUM share
- 7.6%
- Avg. per client
- $429K
- Clients
- 252
- Regulatory AUM
- $871M
- AUM share
- 83.3%
- Avg. per client
- $3.46M
- Clients
- 14
- Regulatory AUM
- $47.2M
- AUM share
- 4.5%
- Avg. per client
- $3.37M
- Clients
- 6
- Regulatory AUM
- $47.5M
- AUM share
- 4.5%
- Avg. per client
- $7.92M
- Clients
- Fewer than 5
- Regulatory AUM
- $375K
- AUM share
- 0.0%
- Avg. per client
- $375K
Total
- Clients
- 458
- Regulatory AUM
- $1.05B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Paragon Advisors charges 0.50%–1.20% a year for its Investment Supervisory Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $12,000 annual minimum and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.20% |
| $2M–$5M | 1.00% |
| $5M–$10M | 0.75% |
| $10M and above | 0.50% |
Fee details and sources
Other fees
- Financial Planning
- Financial planning is included in the investment management fee for clients who request it; for relationships under $1,000,000 Paragon may charge a separate fee agreed with the client.
David Hailey owns 25% to 50% of Paragon Advisors. The leadership team of Paragon Advisors includes Chief Compliance Officer Heather Jendrusch. It has 17 employees, 14 of them in advisory roles.
Staff
- 17 employees
- 14 in advisory functions
- 11 state-registered reps
- Owns 25% to 50% of Paragon Advisors, L.L.C.
David Hailey
Control person · since April 2007
- Owns 25% to 50% of Paragon Advisors, L.L.C.
Robert Calhoun
Control person · since January 2016
- Owns 25% to 50% of Paragon Advisors, L.L.C.
Brittany Koehl McGee Irr Trust
since December 2024
Stephen McGee
Trustee · Control person · since December 2024
Paragon Advisors’ regulatory assets grew 2.4× from $429M (February 2021) to $1.05B (July 2026); clients rose from 319 to 458 and employees from 8 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $1.05B | 458 | 17 | 1 |
| Mar 2025March 2025 | $847M | 412 | 16 | 1 |
| May 2024May 2024 | $681M | 382 | 12 | 1 |
| Feb 2023February 2023 | $481M | 372 | 12 | 1 |
| Jul 2022July 2022 | $553M | 360 | 11 | 1 |
| Feb 2021February 2021 | $429M | 319 | 8 | 1 |
Besides its headquarters, Paragon Advisors has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 215 Rock Prairie RD., College StationHQ
Contact and registration details
- Legal name
- Paragon Advisors, L.L.C.
- Headquarters
- 215 Rock Prairie RD., College Station, TX 77845
- Website
- paragonadvisors.com
- Phone
- 979-693-3907
- @paragon-financial-advisors
- SEC file
- 801-67813
- Founded
- 2007
- Structure
- Texas LLC
- Fiscal year end
- December
Paragon Advisors’ named custodian for separately managed accounts is Charles Schwab ($809M). Paragon Advisors has custody of $370M for 330 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $809M100%
At year end, Paragon Advisors’ separately managed accounts were mostly in funds (73%) and stocks (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $476M across 77 positions; the largest are Invesco Exch Traded FD TR II (28.9%), Grayscale Bitcoin Mini TR ET (7.1%) and Proshares TR (4.2%).
What the accounts hold
- Stocks22%
- Funds73%
- Registered funds51%
- Pooled vehicles22%
- Cash5%
How many clients does Paragon Advisors have?
Paragon Advisors has 458 clients and manages $1.05 billion for them, as of July 2026. They include 252 high-net-worth individuals, 185 individual clients, and 14 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 July 2026
What services does Paragon Advisors offer?
Paragon Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, educational seminars, divorce planning, education planning, estate planning, and retirement plan services.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Paragon Advisors charge?
Paragon Advisors charges 0.50%–1.20% a year for its Investment Supervisory Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $12,000 annual minimum and requires an account of at least $1,000,000.
Source: PARAGON 2026 AMENDED ADV PART 2A, filed 13 October 2026
Which custodians does Paragon Advisors use?
Paragon Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $809M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 July 2026
How many financial advisors does Paragon Advisors have?
Paragon Advisors has 11 investment adviser representatives registered with state securities authorities, out of 17 employees, and 14 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Paragon Advisors invest in?
At the end of its last fiscal year, Paragon Advisors’ separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 22% pooled vehicles (private funds and similar) and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Paragon Advisors have a minimum investment?
Yes, Paragon Advisors’ minimum account size for its Investment Supervisory Management is $1M. It charges a $12K annual minimum fee.
Source: PARAGON 2026 AMENDED ADV PART 2A, filed 13 October 2026
Who owns Paragon Advisors?
Paragon Advisors’ direct owners are David Hailey, Robert Calhoun and Brittany Koehl McGee Irr Trust, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 16 July 2026
How does Paragon Advisors get paid?
Paragon Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Paragon Advisors?
Paragon Advisors’ main office is at 215 Rock Prairie RD., College Station, TX 77845. Its phone number is 979-693-3907. Its website is paragonadvisors.com.