Paragon Outcomes Management LLC is a large advisory firm based in New York. It manages $651.24 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2012.
Paragon Outcomes Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Paragon Outcomes Management LLC is $651.24 million. The firm's AUM has grown by 48% since the beginning of its operation, and $396.5 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Paragon Outcomes Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Paragon Outcomes Management is pooled investment vehicles with 7 clients and $575.15 million of assets under management. Among the 10 most similar advisory firms, Paragon Outcomes Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $575.15 million for 7 clients. 73% of the firm’s clients are foreign persons or businesses.
Paragon Outcomes Management also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons is $25,000,000 for each fund.
The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Steven Thomas Ruggeri joined the executive team most recently as the Chief Financial Officer And Chief Compliance Officer.
The principal office where Paragon Outcomes Management LLC performs its advisory services is located at 515 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 646-619-8700 or by fax 646-747-8887. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at paragonoutcomes.com.