Paragon Financial Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, divorce planning, education planning, estate planning, insurance, and philanthropic planning.
Paragon Financial Partners reports 127 clients. They include 85 high-net-worth individuals and 42 individual clients. Of its assets, 81.0% ($267M across 455 accounts) are managed with discretion; $62.5M across 58 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 33% | 3% |
| High-net-worth individuals | 67% | 97% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 42 | $11.3M | 3.4% | $269K |
| High-net-worth individuals | 85 | $318M | 96.5% | $3.74M |
| Corporations and other businesses | Fewer than 5 | $208K | 0.1% | — |
| Total | 127 | $330M | 100% | — |
- Clients
- 42
- Regulatory AUM
- $11.3M
- AUM share
- 3.4%
- Avg. per client
- $269K
- Clients
- 85
- Regulatory AUM
- $318M
- AUM share
- 96.5%
- Avg. per client
- $3.74M
- Clients
- Fewer than 5
- Regulatory AUM
- $208K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 127
- Regulatory AUM
- $330M
- 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
- 0
Paragon Financial Partners charges 0.65%–1.25% a year for its Wealth Management Services. The fee is billed in advance, is negotiable and has a $15,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Standalone financial planning and consulting is billed hourly at up to $500, or for a fixed fee from $3,500 to $100,000.
- Trustee services
- Trustee services are charged a flat asset-based fee of up to 1%, in addition to wealth management fees.
Evan Shorten owns 75% or more of Paragon Financial Partners. The leadership team of Paragon Financial Partners includes President Evan Shorten. It has 2 employees.
Leadership
- Evan ShortenPresident and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Elean Manuel Mendoza
- Evan Floyd Shorten
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Paragon Financial Partners, Inc.
Evan Shorten
Control person · since May 2011
Paragon Financial Partners’ regulatory assets grew from $229M (March 2021) to $330M (March 2026); clients rose from 116 to 127 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $330M | 127 | 2 | 1 |
| February 2025 | $337M | 118 | 2 | 1 |
| March 2024 | $281M | 139 | 2 | 1 |
| March 2023 | $247M | 137 | 2 | 1 |
| March 2022 | $264M | 129 | 2 | 1 |
| March 2021 | $229M | 116 | 2 | 1 |
Besides its headquarters, Paragon Financial Partners has 0 offices, with 1 listed address in California.
California · 1 listed address
- 5850 Canoga Avenue, Suite 400, Woodland HillsHQ
Contact and registration details
- Legal name
- Paragon Financial Partners, Inc.
- Headquarters
- 5850 Canoga Avenue, Suite 400, Woodland Hills, CA 91367
- Website
- paragonpodcast.com
- Phone
- 310-557-1515
- @paragon-financial-partners
- SEC file
- 801-72424
- Founded
- 2011
- Structure
- California corporation
- Fiscal year end
- December
Paragon Financial Partners uses Charles Schwab ($303M) as custodian for its separately managed accounts. Paragon Financial Partners has custody of $123M in client assets for 56 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $303M100%
At year end, Paragon Financial Partners’ separately managed accounts were largely in stocks (49%) and funds (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $187M across 79 positions; the largest are State Str SPDR S&P 500 ETF T (12.9%), Nvidia Corporation (10.8%) and Vanguard Whitehall Fds (9.2%).
What the accounts hold
- Stocks49%
- Funds28%
- Registered funds25%
- Pooled vehicles3%
- Bonds6%
- U.S. government and agency bonds5%
- State and local bonds1%
- Cash17%
Reported 13F holdings
- $187M
- Reported 13F value
- 79
- Positions
- 65.7%
- In the 10 largest
- +6.0%
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit12.9%
- Nvidia Corporation10.8%
- Vanguard Whitehall Fds · High Div Yld9.2%
- Eaton Vance Tax-managed Buy-7.6%
- iShares TR · Rus 1000 Grw ETF5.7%
- Vanguard World FD · Health Car ETF5.3%
- Apple Inc.4.2%
- iShares TR · US Aer Def ETF4.0%
- Select Sector SPDR TR · ST Str Util ETF3.6%
- Goldman Sachs ETF TR · Nasda 100 ETF2.4%
Together, the ten largest are 65.7% of reported value.
How many clients does Paragon Financial Partners have?
Paragon Financial Partners has 127 clients and manages $330 million for them, as of March 2026. They include 85 high-net-worth individuals and 42 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 March 2026
What services does Paragon Financial Partners offer?
Paragon Financial Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, divorce planning, education planning, estate planning, insurance, and philanthropic planning.
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 Financial Partners charge?
Paragon Financial Partners charges 0.65%–1.25% a year for its Wealth Management Services. The fee is billed in advance, is negotiable and has a $15,000 annual minimum.
Which custodians does Paragon Financial Partners use?
Paragon Financial Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $303M. 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 Financial Partners have?
Paragon Financial Partners has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Paragon Financial Partners invest in?
At the end of its last fiscal year, Paragon Financial Partners’ separately managed accounts held 49% exchange-traded equities, 25% registered funds (mutual funds, ETFs, BDCs), 17% cash and equivalents, 5% U.S. government and agency bonds, 3% pooled vehicles (private funds and similar) and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Paragon Financial Partners?
Paragon Financial Partners’ direct owner is Evan Shorten (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 March 2026
How does Paragon Financial Partners get paid?
Paragon Financial Partners is paid through a percentage of assets under management, hourly charges 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 Financial Partners?
Paragon Financial Partners’ main office is at 5850 Canoga Avenue, Suite 400, Woodland Hills, CA 91367. Its phone number is 310-557-1515. Its website is paragonpodcast.com.