BEST OF STATE
Paragon has received the Best of State Award for "Investment Advisory" services four times and once for "Financial Services" in 2008. Utah's Best of State presented awards in 10 main categories. Paragon Wealth Management was recognized in the Business Services category.
According to Best of State Chief Executive Officer Dana Layton, winners of the Best of State Awards have been rated and judged on their impact on the community, excellence and achievement, and innovation and originality.
An independent judging process, featuring judges with category-specific credentials, has resulted in a confidential tabulation of results by the Gilbert & Steward accounting firm.
Click here for details about Best of State Criteria and Process
Financial Advisors Magazine RIA Ranking by Total Assets
In 2014 Financial Advisor Magazine published its ninth annual ranking of Independent Advisory Firms. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC, provide financial planning and related services to individual clients, and have at least $50 million in assets under management as of December 31, 2013.
Paragon has received this prestigious ranking for the years of 2014, 2013, 2012 and 2010.
Neither the RIA firms nor their employees pay a fee to Financial Advisor in exchange for inclusion in FA Magazine's Registered Investment Advisor (RIA) Survey & Ranking.
NABCAP Premier Advisors of Utah
The primary focus of NABCAP is to serve the needs of the investing public by helping identify top wealth managers. NABCAP and its board of directors created an unaffiliated evaluation process in which 20 categories of practice management are assessed. Advisors are invited and/or nominated to participate by submitting an online questionnaire.
The multi-step verification process utilizes independent resources to assess the accuracy and truthfulness of the information submitted by participating advisory practices. NABCAP's methodology is unique in deciphering advisors because it is primarily objective, not subjective, and helps add transparency for the investor's benefit. NABCAP takes pride that its list of Premier Advisors is not merely defined by Assets Under Management (A.U.M.), revenues produced or even worse, popularity. Alternatively, NABCAP attempts to identify top advisors regardless of size, firm or affiliation.
Top Wealth Managers
Paragon Wealth Management was named one of WealthManagerWeb.com's Top Wealth Managers in 2010. To be eligible for the Top Wealth Manager Ranking, the firm must be an SEC registered investment advisor with its own IARD number; have minimum assets under advisement of $50 million, have individuals or high-net-worth individuals (as defined by the SEC) as more than half of its client base; and offer financial planning services. The rankings were posted on www.wealthmanagerweb.com in July 2010. Paragon was one of 500 firms in the United States chosen for this honor.
"The firms that participate in the annual Top Wealth Managers survey are the lion's share of the largest, most established registered investment advisors (RIAs), in America," according to WealthManagerWeb.com's Editor-in-Chief Kathleen McBride. "These are the firms our survey partner, Fusion Advisor Network President Philip Palaveev, describes as the ones every RIA wants to be when they grow up."
2008 Wealth Manager's "Top Dogs"
Paragon Wealth Management was named one of Wealth Manager's "Top Dogs" in 2008, an award that recognizes the top advisory firms in the country. The rankings were printed in the July/August 2008 issue of Wealth Manager Magazine. To be eligible for the Top Wealth Manager ranking, companies must be registered investment advisers, report more than $50 million in assets under advisement, have predominantly individual clients and offer financial planning services. Wealth Manager ranks organizations that meet these criteria by the size of their average client relationships, not by total assets, in order to highlight the firms with the wealthiest clientele. Paragon was one of 500 firms in the United States chosen for this honor.
2008 Small Business of the Year Award
The Provo/Orem Chamber of Commerce presented Paragon with the Small Business of the Year Award in May, 2008. Twelve prominent business and community leaders in Provo were honored at the 20th Annual Senator Reed Smoot Outstanding Citizens Awards Banquet.
Any information contained in this correspondence is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. Rankings and recognitions by unaffiliated publications should not be construed by a client or prospective client as a guarantee that Paragon Wealth Management will provide a certain level of results in client accounts nor should they be construed as current or past endorsements of Paragon Wealth Management by clients. Such publications base their selections on information prepared and/or submitted by the recognized entities. Additional details regarding the criteria and process utilized in formulating these rankings are described below. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. 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.