Paragon Capital Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$1,314,201,977
Clients
187
Advisors
5
across 2 offices
About
Paragon Capital Management provides discretionary and non-discretionary investment management, financial planning, and retirement-plan advisory services to individuals (including high‑net‑worth clients), families, trusts, retirement plans, corporations, and charitable foundations. The firm reports approximately $1,316,232,312 in regulatory assets under management as of December 31, 2025 and typically requires a $1,000,000 minimum account for advisory relationships.
PCM’s investment process blends strategic asset allocation and long‑term holdings with tactical adjustments and a proprietary quantitative optimization model, focusing primarily on equities, corporate debt, mutual funds, and ETFs while retaining the ability to recommend alternative investments when appropriate. The firm monitors accounts regularly, may maintain sizable cash balances depending on market conditions, and discloses that it can recommend margin or other borrowing in client portfolios—restricted to non‑investment needs—with advisory fees calculated on assets gross of any borrowing.
Distinctive features in the Form ADV include the firm’s scale relative to its small advisory team (five advisors), which results in relatively high AUM per advisor and an orientation toward larger, multi‑generational separately managed accounts. The brochure also documents use of third‑party service providers—naming Charles Schwab as the typical custodian, Egan‑Jones for proxy research/voting, and Tamarac for reporting—and describes specific legacy position management and proxy‑voting procedures.
Client services
Expertise
Fee options
$0 - $1,000,000: 0.90% $1,000,001 - $5,000,000: 0.70% $5,000,001 - $10,000,000: 0.50% $10,000,001+: 0.35%
$400 per hour for financial planning services
Account minimum: $1,000,000 Minimum fee: $7,000 annually
Main office
See office999 18th Street, Suite 1401
Denver CO 80202
Advisors at this office
4
Offices (2)
Most active in
Arizona · California · Colorado · Florida · Nebraska · New Hampshire · Texas · Virginia · Washington
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Lawrence O
CFA®
Buckeye, AZ
Paragon Capital Management
Lawrence Orgill is a CFA® charterholder with 24 years of experience in the financial industry. He has been with Paragon Capital Management in Denver, CO since 1999. Paragon Capital Management provides discretionary and non-discretionary investment management, financial planning, retirement plan advisory, and legacy-position services for individuals, high-net-worth families, trusts, retirement plans, corporations, and charitable organizations. The firm combines strategic and tactical asset allocation with a proprietary quantitative optimization model, primarily utilizing equities, mutual funds, and ETFs.
Jay R
CFA®
Denver, CO
Paragon Capital Management
Jay Ratterman is a CFA® charterholder with seven years at Paragon Capital Management and nine years of prior experience at ANB Bank. He is based in Denver, CO. Paragon Capital Management, Ltd. provides investment management, financial planning, retirement plan advisory, and legacy-position services for individuals, high-net-worth families, trusts, retirement plans, corporations, and charitable organizations. The firm combines strategic and tactical asset allocation with a proprietary quantitative optimization model, primarily utilizing equities, mutual funds, and ETFs.
Brian G
CFA®, Series 63
Denver, CO
Paragon Capital Management
Brian Goodstadt is a CFA® charterholder with 17 years of industry experience. He has been with Paragon Capital Management in Denver, CO since 2005, working as part of a four-advisor team. Paragon Capital Management provides investment management, financial planning, retirement plan advisory, and legacy-position services to individuals, families, trusts, corporations, and charitable organizations. The firm combines strategic and tactical asset allocation with a proprietary quantitative optimization model, primarily using equities, mutual funds, and ETFs.
Benjamin M
Series 65, Series 66
Denver, CO
Paragon Capital Management
Benjamin Michalski is a financial advisor at Paragon Capital Management in Denver, CO, holding Series 65 and Series 66 licenses with 13 years of industry experience. His prior roles include positions at Purshe Kaplan Sterling Investments, Merit Financial Group, LPL Financial, Tedstrom Wealth Advisors, Transamerica Capital, and Edward Jones. He also provides fixed insurance advice as part of his professional activities. Paragon Capital Management offers discretionary and non-discretionary investment management, financial planning, and retirement-plan advisory services to individuals, families, trusts, corporations, and charitable foundations. The firm combines strategic asset allocation and long-term holdings with tactical adjustments using a proprietary quantitative model, focusing on equities, corporate debt, mutual funds, and ETFs, serving primarily larger, multi-generational separately managed accounts.
Shaun W
CFP®, CFA®, Series 63
Denver, CO
Paragon Capital Management
Shaun Williams is a CFP® and CFA® with 10 years of industry experience. He is currently with Paragon Capital Management and has previously worked at Janus Management Holdings Corp and Janus Distributors LLC. Outside of his advisory role, he is a signatory on the operating and reserve accounts of the Timbergreen Townhouse Homeowners Association. Paragon Capital Management provides investment management, financial planning, and retirement plan advisory services to individuals, families, trusts, corporations, and charitable organizations. The firm utilizes a blend of strategic and tactical asset allocation supported by a proprietary quantitative optimization model.
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