Paragon Wealth Management

Paragon Wealth Management

David Young established Paragon Wealth Management in Provo, Utah, in 1986 as a registered investment adviser. The firm grew out of a personal investment approach Young developed, later formalizing it into a systematic, top-down strategy that evaluates global economic conditions before selecting individual securities. Paragon advises individuals, high-net-worth families, pension plans, and business entities, operating as a fee-only fiduciary — compensation comes directly from clients, not from product commissions or referral fees. Paragon's investment process centers on tactical asset allocation. The firm adjusts exposure across equities, fixed income, and alternative asset classes based on macroeconomic signals, rather than maintaining static model portfolios. When conditions warrant, Paragon moves to defensive positions including cash and Treasury instruments. The strategy targets participation in rising markets with explicit downside risk controls. Client portfolios typically hold individual securities and exchange-traded funds, customized to tax situation and income needs. The firm serves clients across the United States from its Provo headquarters. The firm has been recognized in third-party financial advisor rankings over multiple years, though specific team size and asset totals are not publicly disclosed. Paragon maintains a clean regulatory record as a registered investment adviser with the SEC. Its Utah base places it outside traditional financial centers, which shapes a client mix weighted toward business owners and retirement-plan sponsors in the Intermountain West. The firm's longevity — approaching four decades — spans multiple market cycles, including the 1987 crash, the dot-com unwind, and the 2008 financial crisis. Paragon's structural differentiator is its proprietary tactical allocation model, which explicitly times market exposure rather than relying on passive buy-and-hold frameworks. This sets it apart from most RIAs that default to strategic allocations rebalanced periodically. The approach demands more frequent trading decisions and a willingness to hold cash or defensive positions when the model signals caution. Such a posture attracts clients who accept active management in exchange for downside protection, but it also means performance diverges meaningfully from broad market benchmarks during extended bull runs.