SOURCE: Paragon Wealth Management

December 11, 2007 13:36 ET

Undiscovered Money Manager in Utah

Clients Don't Need to Go to Wall Street to Receive Excellent Returns on Their Investments

PROVO, UT--(Marketwire - December 11, 2007) - Utah money manager, David Young, has outperformed the S&P 500 with his Top Flight Portfolio for almost 10 years and been kept a secret for over 20.

Young, President of Paragon Wealth Management, manages the Top Flight Portfolio. It has generated a total return of 457% verses 86% for the S&P 500 from its inception on January 1, 1998 through October 31, 2007. Its compound annual return is 19.3%, versus 6.6% for the S&P 500. (Click here to see Paragon Top Flight Portfolio for complete track record and full disclosure.)

"My goal is to make my clients' lives easier by helping them make good investment decisions," said Young. "Ultimately, I would like to help them make work optional."

Young started investing his own money in 1986 after he sold his 12 franchise businesses. He went to several investment groups to invest the funds from the sale, but he couldn't find anyone he wanted to use.

"I tried several brokerage firms in the mid-80s, the traditional option at the time, and they did not meet my needs," said Young. "I knew there had to be a better option."

In 1986 Young formed "The Center for Financial Excellence" where he built basic quantitative models to determine when to be in or out of the equity and bond markets, and he used no-load mutual funds as his investment vehicle. He began to handle his own accounts and soon began managing his friends' and family's money. When he avoided the 1987 stock market crash, his methods sparked a lot of interest.

In 1992, Young formed Paragon Capital Management, which is now called Paragon Wealth Management, and registered with the SEC. He added staff and began attracting clients with larger amounts of money. He built more sophisticated and complex quantitative models to determine investment strategies regarding styles, sectors, and markets. Portfolio allocations were based around short-term, intermediate, and long-term models.

Young established the Paragon Top Flight Portfolio in 1998, incorporating Paragon's most effective models and systems to date. In 2001 he established the Managed Income Portfolio, designed as a very conservative alternative for clients who want limited volatility. Both portfolios primarily invest in Exchange Traded Funds (ETFs).

Today, Young is optimistic about the future, and his Paragon Top Flight Portfolio continues to consistently out perform the S&P 500.

About Paragon Wealth Management

Paragon Wealth Management is a money management firm located in Provo, Utah. With over 20 years of experience, they are dedicated to creating success for their clients. It is estimated that only 10% of investments advisors have fiduciary responsibility, and Paragon falls in this elite group. Paragon receives no commissions and does not sell any financial products. They simply charge a management fee. Unlike traditional advisory relationships, Paragon clients are free to withdraw their money at any time without paying any surrender charges. For more information contact Shannon Golladay at 801-375-2500.

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