Paragon Wealth Management, an investment management company in Provo, Utah, was awarded a medal at the 2008 Best of State Awards, May 31 at the Salt Lake Convention Center in Salt Lake City.
Best of State presented awards in 10 different categories. They recognized Paragon in the Business Services category and awarded them the Best of State medal for Best Financial Services.
“It is an honor to receive this award,” said Dave Young, President of Paragon. “We have a great team at Paragon, and I owe it all to them.”
For over 20 years Paragon Wealth Management has focused perfecting their investment strategies. Young started Paragon when he sold his 12 franchise businesses and couldn’t find a traditional brokerage firm to meet his needs. When he avoided the 1987 stock market crash, his methods sparked a lot of interest and he began to manage money for clients.
Young’s methods have gained national attention. His flagship portfolio called Top Flight generated a total return of 402.38% verses 68.49% for the S&P 500 from its inception on December 31, 1997 through April 30, 2008. Its compound annual return is 17.07%, versus 5.22% for the S&P 500.
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 wealth managers, they are dedicated to creating success for their clients. They received the Small Business of the Year award by the Provo/Orem Chamber of Commerce in 2008. 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.