{"url":"https://nivawealth.com/firms/paragon-investing-310897","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/310897","regulatoryAum":138200000,"crd":"310897","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7297163","suffix":null,"lastName":"CARENDER","firstName":"JONATHAN","middleName":"EDWARD"},{"crd":"8224694","suffix":null,"lastName":"CAVANAUGH","firstName":"AUSTIN","middleName":null},{"crd":"6954336","suffix":null,"lastName":"WANGLER","firstName":"COREY","middleName":"WILLARD"},{"crd":"6668484","suffix":null,"lastName":"YOUNG","firstName":"TREVOR","middleName":"JOHN"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135752","legalName":"Paragon Investing, LLC","displayName":"Paragon Investing","slug":"paragon-investing-310897","website":"https://paragoninvesting.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/310897/3ca7fc4a612347b0-r1.webp","tone":"light","width":907,"height":200,"sourceUrl":"https://www.paragoninvesting.com","sourceLabel":"Paragon Investing, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/paragoninvesting","founded":null,"organization":"Michigan limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"2 April 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":762857.1428571428,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":138200000,"discretionary":82900000,"discretionaryAccounts":312,"nonDiscretionary":55300000,"nonDiscretionaryAccounts":133,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":113,"regulatoryAum":37300000},{"label":"High-net-worth individuals","clients":62,"regulatoryAum":96200000},{"label":"Other investment advisers","clients":5,"regulatoryAum":4000000},{"label":"Corporations and other businesses","clients":4,"regulatoryAum":700000}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045885","versionId":1045885,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-05-21","documentName":"PARAGON ADV PART 2A","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":300000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Advisory Services for Assets Not Managed","summary":"Annual fee on assets under advisement: 1.00% on the first $1,000,000, stepping down to 0.10% on assets over $100,000,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045885","versionId":1045885,"submittedOn":"2026-05-21","documentName":"PARAGON ADV PART 2A"},{"role":"other","program":"Financial Planning","summary":"Fixed fees of $1,000 to $10,000 per project, or hourly fees of $100 to $250 per hour; negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045885","versionId":1045885,"submittedOn":"2026-05-21","documentName":"PARAGON ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:44:57.779194+00:00","documents":[{"name":"PARAGON ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045885","versionId":1045885,"submittedOn":"2026-05-21"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":133000000}],"custodyNote":"Paragon Investing has custody of $33.6M in client assets for 53 clients.","otherCustodians":[],"leadership":[{"name":"Jonathan Carender","title":"Managing Principal","crd":"7297163"},{"name":"Corey Wangler","title":"Managing Member / CCO","crd":"6954336"}],"ownership":[{"label":"Jonathan Carender","detail":"Managing principal in the 25% to 50% ownership band and a control person, since September 2020."},{"label":"Corey Wangler","detail":"Managing member / cco in the 25% to 50% ownership band and a control person, since February 2021."},{"label":"DBP Ventures, LLC","detail":"Managing member in the 10% to 25% ownership band, since February 2021."},{"label":"Bart Blystone","detail":"Indirect owner: a agent/owner of DBP Ventures, LLC in the 25% to 50% band and a control person, since October 2020.","parent":"DBP Ventures, LLC"},{"label":"Daniel Elliott","detail":"Indirect owner: a owner of DBP Ventures, LLC in the 25% to 50% band and a control person, since October 2020.","parent":"DBP Ventures, LLC"},{"label":"Peter Elliott","detail":"Indirect owner: a owner of DBP Ventures, LLC in the 25% to 50% band and a control person, since October 2020.","parent":"DBP Ventures, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"734-649-6710","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"Derivatives","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":92}],"privateFunds":0},"sources":{"adv1FilingDate":"3 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/310897/PDF/310897.pdf","brochureDate":"21 May 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045885","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Paragon Investing have?","answer":"Paragon Investing has 184 clients and manages $138 million for them, as of August 2026. They include 113 individual clients, 62 high-net-worth individuals and 5 other investment advisers.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Paragon Investing offer?","answer":"Paragon Investing provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Paragon Investing charge?","answer":"Paragon Investing charges up to 1.00% a year for its Asset Management. The fee is billed in arrears, is negotiable and requires an account of at least $300,000.","source":"PARAGON ADV PART 2A, filed 21 May 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Paragon Investing use?","answer":"Paragon Investing’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $133M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Paragon Investing have?","answer":"Paragon Investing has 3 investment adviser representatives registered with state securities authorities, out of 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Paragon Investing invest in?","answer":"At the end of its last fiscal year, Paragon Investing’s separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities and 2% derivatives.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Paragon Investing have a minimum investment?","answer":"Yes, Paragon Investing’s minimum account size for its Asset Management is $300K.","source":"PARAGON ADV PART 2A, filed 21 May 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Paragon Investing?","answer":"Paragon Investing is owned through a holding company by Bart Blystone and Daniel and Peter Elliott. Its direct owners are Jonathan Carender, Corey Wangler and DBP Ventures, LLC, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Paragon Investing get paid?","answer":"Paragon Investing 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Paragon Investing?","answer":"Its phone number is 734-649-6710. Its website is paragoninvesting.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}