Paragon Wealth Management Celebrated 25 Years of Business

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Dave Young started what is now called Paragon Wealth Management in 1986 to give investors an opportunity to do more with their money. Paragon's team celebrated their 25th anniversary this month.

“This is a difficult industry to be in,” said Dave Young, president and founder of Paragon Wealth Management. "We are happy to be a successful business this long."

Paragon Wealth Management, originally called The Center for Financial Excellence, celebrated 25 years of business this month.

Dave Young, president and founder of Paragon Wealth Management, started The Center for Financial Excellence in 1986 to give investors an opportunity to do more with their money.

“I originally started Paragon to manage money,” said Young. “I sold over a dozen businesses I owned, and wanted to invest the proceeds, but wasn’t able to find an investment advisor who met my needs. I spent the next year researching different investment methods and then started The Center for Financial Excellence.”

The company was registered with the SEC in 1993, and the name was changed to Paragon Capital Management. It was changed to Paragon Wealth Management several years later.

“This is a difficult industry to be in,” said Young. "We are happy to be a successful business this long."

Paragon's team celebrated their anniversary this month at their office in Provo, Utah with a cake, balloons and happy employees. Visit Paragon's YouTube Channel to watch a video of the celebration.

Paragon is known for its growth portfolio called Top Flight. It has generated a total return of 378.74 percent versus 64.76 percent for the S&P 500 from its inception on January 1, 1998 through October 31, 2011. Its compound annual return is 12.06 percent versus 3.7 percent for the S&P 500. (Visit paragonwealth.com to see complete track record and full disclosures).

About Paragon Wealth Management
Paragon Wealth Management is a registered investment advisor (RIA) in Utah that actively manages all types of traditional and retirement accounts such as IRA and 401(K) rollovers, and pensions and trusts. Paragon has received numerous awards such as the Best of State award in Investment Advisory Services in 2011, and the NABCAP Premier Advisor award in 2010. Paragon has also been recognized on several lists such as WealthManagerWeb's Top Wealth Manager's list in the U.S. in 2010 and others. Call 800-748-4451 or visit paragonwealth.com for more information.

Paragon cannot guarantee the accuracy of information from other sources. Opinions are as of the dates indicated only. This report is not a solicitation for any security. Past performance is not a guarantee of future results. Investments in securities involve the risk of loss. Do not rely upon this information to predict future investment performance or market conditions. This information is not a substitute for consultation with a competent financial, legal, or tax advisor and should only be used in conjunction with his/her advice.

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