# Paragon Wealth Management

Paragon Wealth Management is a Bank / Wealth / Trust based in Lexington, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Lexington, United States
- **Region:** North America
- **Address:** Provo, UT, United States
- **Founded:** 1986
- **Assets under management:** Undisclosed
- **Website:** paragonwealth.com
- **LinkedIn:** https://www.linkedin.com/company/paragon-wealth-management

## About

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. 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. 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.

## People

- David Young — President

## Questions

### How does Paragon's investment process differ from a typical RIA?

Most registered investment advisers use strategic asset allocation — setting target percentages for stocks and bonds and rebalancing periodically. Paragon employs tactical allocation, actively shifting exposure based on economic signals. When the model is bearish, portfolios can move substantially to cash or Treasuries. This makes the firm's return pattern more variable relative to a 60/40 benchmark than a standard passive shop.

### Is Paragon a fiduciary?

Yes. Paragon is registered with the SEC as an investment adviser, which imposes a fiduciary duty to act in clients' best interests. The firm operates as fee-only, accepting compensation exclusively from client advisory fees rather than from commissions, referral arrangements, or product providers. This structure is disclosed in its Form ADV.

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Last updated: 2026-08-11T02:43:31.692Z

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