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Paragon Wealth Management Listed as 'One of the Top Advisory Firms in the Country' - Paragon Wealth Management located in Provo, Utah, was listed on Wealth Manager Magazine's
Paragon Wealth Management Listed as 'One of the Top Advisory Firms in the Country'

 

NewswireToday - /newswire/ - Provo, UT, United States, 2008/07/17 - Paragon Wealth Management located in Provo, Utah, was listed on Wealth Manager Magazine's "2008 Top Dogs" list in their July/August issue.

   
 
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Paragon Wealth Management, an investment management company in Provo, Utah, was listed on Wealth Manager Magazine’s “2008 Top Dogs” list, which includes the top advisory firms in the United States.

The 8th annual rankings were printed in the July/August issue of Wealth Manager Magazine. Paragon was one of 478 firms recognized.

To be eligible for the Top Wealth Manager ranking, companies must be registered investment advisors, report more than $50 million in assets under advisement, have predominantly individual clients and offer financial-planning services. Wealth Manager ranks each firm by the size of their average client relationships, not by total assets in order to highlight the firms with the wealthiest clientele. Survey respondents do not include banks, broker/dealers or trust companies.

Wealth Manager said the overall assets under management for the 2008 Top Dogs range from $14.4 billion at the largest firm to $36 million at the smallest firm, with an average total AUM of $632.6 million and a median AUM of $256.3 million—up 8.4 percent from $236.5 million in 2007, and up 28.8 percent from the $199 million reported in 2006.

Paragon Wealth Management’s methods have received national attention from the media for their investment services. Their flagship portfolio called Top Flight generated a total return of 393.02% verses 56.29% for the S&P 500 from its inception on December 31, 1997 through June 30, 2008. Its compound annual return is 16.55%, versus 4.38% for the S&P 500 (visit paragonwealth.com to see complete track record and full disclosures).

In May 2008 Paragon received the “Small Business of the Year Award” from the Provo/Orem Chamber of Commerce. Paragon also received the “Utah Best of State Award” in Financial Services this year.

About Paragon Wealth Management

Paragon Wealth Management (paragonwealth.com | moneymanagerslive.com) is a money management firm located in Provo, Utah. With over 20 years of experience as financial advisors, they are dedicated to creating success for their clients. They manage retirement accounts such as IRA rollovers, 401(k) rollovers, pensions and trusts. They have a fiduciary responsibility.

An investor’s actual returns may vary due to timing of withdrawals, contributions and other factors. Past performance is no guarantee of future results. Before investing, contact Paragon to discuss your investment objectives, risk tolerance and fees. Investments in securities involve the risk of loss. The S&P Index is a market-value weighted index comprised of 500 stocks selected for market size, liquidity, and industry group representation. It is not possible to directly invest in this index.

 
 
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Written by / Agency / Source: Paragon Wealth Management

 
 

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Paragon Wealth Management Listed as 'One of the Top Advisory Firms in the Country'

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Publisher Contact: Shannon Golladay - ParagonWealth.com 
801-375-2500 shannon[.]paragonwealth.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Paragon Wealth Management securities in any jurisdiction including any other companies listed or named in this release.

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