Paragon Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year. The firm advises 2 private funds.
Paragon Capital Management reports 186 clients. They include 149 individual clients, 31 high-net-worth individuals and 2 pooled investment vehicles. Of its assets, 95.2% ($146M across 427 accounts) are managed with discretion; $7.42M across 24 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 80% | 40% |
| High-net-worth individuals | 17% | 45% |
| Pooled investment vehicles | 1% | 11% |
| Pension and profit-sharing plans | 1% | 3% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 149 | $61.2M | 39.9% | $411K |
| High-net-worth individuals | 31 | $69.7M | 45.4% | $2.25M |
| Pooled investment vehicles | 2 | $17.1M | 11.2% | $8.55M |
| Pension and profit-sharing plans | Fewer than 5 | $4.05M | 2.6% | $2.02M |
| Charitable organizations | Fewer than 5 | $1.09M | 0.7% | $1.09M |
| Corporations and other businesses | Fewer than 5 | $287K | 0.2% | $287K |
| Total | 186 | $153M | 100% | — |
- Clients
- 149
- Regulatory AUM
- $61.2M
- AUM share
- 39.9%
- Avg. per client
- $411K
- Clients
- 31
- Regulatory AUM
- $69.7M
- AUM share
- 45.4%
- Avg. per client
- $2.25M
- Clients
- 2
- Regulatory AUM
- $17.1M
- AUM share
- 11.2%
- Avg. per client
- $8.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.05M
- AUM share
- 2.6%
- Avg. per client
- $2.02M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.09M
- AUM share
- 0.7%
- Avg. per client
- $1.09M
- Clients
- Fewer than 5
- Regulatory AUM
- $287K
- AUM share
- 0.2%
- Avg. per client
- $287K
Total
- Clients
- 186
- Regulatory AUM
- $153M
- 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
- 2
- Financial planning clients last fiscal year
- 51–100
Paragon Capital Management is paid through a percentage of assets under management, hourly charges and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Forever Young Trust Ua 92421 owns 75% or more of Paragon Capital Management. The leadership team of Paragon Capital Management includes President David Young and Chief Investment Officer Nathan White. It has 5 employees, 3 of them in advisory roles.
Leadership
David YoungPresident
Nathan WhiteChief Compliance Officer/Chief Investment Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Paragon Capital Management Inc
Forever Young Trust Ua 92421
Control person · since November 2021
Catherine Young
Trustee · Control person · since September 2021
Paragon Capital Management’s regulatory assets grew from $127M (March 2021) to $153M (March 2026); clients rose from 143 to 186 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $153M | 186 | 5 | 1 |
| March 2025 | $157M | 172 | 5 | 1 |
| March 2024 | $156M | 164 | 5 | 1 |
| March 2023 | $137M | 159 | 4 | 1 |
| March 2022 | $149M | 150 | 4 | 1 |
| March 2021 | $127M | 143 | 4 | 1 |
Besides its headquarters, Paragon Capital Management has 0 offices, with 1 listed address in Utah.
Utah · 1 listed address
- 3651 North 100 East, Suite 275, ProvoHQ
Other business names
Paragon Capital Management has reported 1 other business name to the SEC.
- Paragon Wealth Management
Contact and registration details
- Legal name
- Paragon Capital Management Inc
- Headquarters
- 3651 North 100 East, Suite 275, Provo, UT 84604-4557
- Website
- paragonwealth.com
- Phone
- 801-375-2500
- @paragon-wealth-management
- SEC file
- 801-45326
- Structure
- Utah corporation
- Fiscal year end
- December
Paragon Capital Management uses Charles Schwab ($138M) as custodian for its separately managed accounts. Paragon Capital Management has custody of $98M in client assets for 115 clients.
- Charles SchwabCharles Schwab & Co., Inc. · West, TX · $138M100%
At year end, Paragon Capital Management’s separately managed accounts were largely in stocks (48%) and funds (46%). Its reported 13F holdings for the quarter ended 30 June 2026 total $135M across 80 positions; the largest are iShares TR (10.0%), iShares TR (6.7%) and SPDR Series Trust (5.8%).
What the accounts hold
- Stocks48%
- Funds46%
- Bonds3%
- Cash3%
Reported 13F holdings
- $135M
- Reported 13F value
- 80
- Positions
- 46.3%
- In the 10 largest
- +14.4%
- Value vs. prior quarter
- iShares TR · 7-10 YR Trsy BD10.0%
- iShares TR · Trust Ishare 0-16.7%
- SPDR Series Trust · ST Str Blo 1 ETF5.8%
- Intel Corp.5.3%
- Janus Detroit Str TR · Hendrson Aaa CL4.4%
- iShares TR · US Treas BD ETF3.3%
- Ssga Active ETF TR · ST Str Total ETF2.9%
- Marvell Technology Inc.2.8%
- ARM Holdings PLC · Sponsored ADS2.7%
- Vanguard Index Fds · Small CP ETF2.4%
Together, the ten largest are 46.3% of reported value.
How many clients does Paragon Capital Management have?
Paragon Capital Management has 186 clients and manages $153 million for them, as of March 2026. They include 149 individual clients, 31 high-net-worth individuals and 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 March 2026
What services does Paragon Capital Management offer?
Paragon Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Paragon Capital Management use?
Paragon Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (West, TX), with $138M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 March 2026
How many financial advisors does Paragon Capital Management have?
Paragon Capital Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Capital Management invest in?
At the end of its last fiscal year, Paragon Capital Management’s separately managed accounts held 48% exchange-traded equities, 46% registered funds (mutual funds, ETFs, BDCs), 3% U.S. government and agency bonds and 3% cash and equivalents. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Paragon Capital Management?
Paragon Capital Management’s direct owner is Forever Young Trust Ua 92421 (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 March 2026
How does Paragon Capital Management get paid?
Paragon Capital Management is paid through a percentage of assets under management, hourly charges and performance-based fees. Its Form ADV lists no commissions 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 Capital Management?
Paragon Capital Management’s main office is at 3651 North 100 East, Suite 275, Provo, UT 84604-4557. Its phone number is 801-375-2500. Its website is paragonwealth.com.