Although it has long been held as the “gold standard” by many investors, we have entered into a financial regime in which the coveted 60/40 portfolio of equities to bonds no longer works. Some believe that we will never go back to the investing environment in which that type of portfolio will provide solid returns. Others believe that we are merely in a cyclical regime change brought on by high levels of inflation. In the latter’s thinking, they believe the adage that, “this too, shall pass.”
After the last major market correction in 2008, Paragon Capital Management, LLC Chief Investment Officer (CIO) and President Craig Novorr called together a working group of experts to begin researching their options. As a student of the history of markets, Craig knew that these corrections were occurring with greater frequency and causing more damage than they had in the past.
Read moreAs a firm that focuses on ultra-affluent and often risk-averse clients who have unique needs like capital preservation, tax-efficient investing, and regular cash flow, our experts at Paragon Capital Management, LLC have made fixed income a significant aspect of our practice.
Read moreWhen you bring a subadvisor into the trusted circle of your fiduciary responsibility to your clients, you want to know that the firm or individual not only knows their specialty back and front, but also that they have an intimate understanding of your fund’s needs and objectives.
Read morePart of our success in utilizing structured notes for our clients lies in our long-standing relationships with the some of the largest investment banking institutions. Instiutionally-sized deals require a counterparty that can facilitate trades or deals of that magnitude, of which there is a finite number.
It is these longstanding relationships with the some of the largest investment banks that not only allows us to create custom and unique investment deals for our clients and provide them access to alternative investment opportunities but also creates the ability to have those banks compete for the right to serve our clients.
When your relationships allow your firm to have the some of the largest institutions compete to create investments for your fund, it is your fund that wins. Rather than being forced to accept terms that may be acceptable but not exceptional, we have the opportunity to select the very best deals that will provide your fund with the greatest outcome.
Working with Paragon Capital Management, LLC as your subadvisor opens the same opportunity to offer your fund the chance to not only work on a deal but rather the best one that can be found within the deal space.
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When Howard Jacobson left the institutional firm where he had spent most of his career to found Paragon Capital Management, LLC, his dream was to offer personalized, white glove, and family office-style service to his clients.
At a time when most of the industry was moving to the cookie-cutter approach of putting clients into pre-built financial products, Howard began his path in the opposite direction. The firm initially began creating custom portfolios of stocks and bonds according to each individual client’s needs, risk tolerance, and objectives, as well as providing a level of personal service for their clients that is hard to find in the industry today.
Paragon Capital Management, LLC CIO and President Craig Novorr has continued that philosophy of service to clients, adding several new types of investment products that further allow each client to have a portfolio that is uniquely tailored to their needs.
As a subadvisor, this client service-based philosophy has created a skillset in which the experts at Paragon Capital Management, LLC are well-versed in creating portfolios and investment products that are custom-built for each individual objective. Due to the institutional size of many of our clients’ portfolios, trades, and deals, the scale when operating as a subadvisor for a fund isn’t even very different!
As a fund manager, your returns are a critical aspect of your business and can lead to an avalanche of new inflows or outflows depending on the performance of your fund. As a firm with an ever-present eye on risk mitigation and protecting the downside, we understand that reliable returns are the best way to grow a portfolio over time.
Our risk mitigation strategies have led us to develop financial products that protect our clients’ downside while also offering upside market participation. These products and strategies provide steady, reliable returns rather than the wild ups and downs that may be found with other types of investment strategies.
The most high-flying aggressive growth stocks and funds during good times are often the ones hit with the hardest turbulence when the market hits a hiccup or worse, a correction. Our mantra at Paragon Capital Management, LLC is to provide steady returns over time, rather than following an aggressive growth strategy that will have massive up years followed by massive declines which wipe away those returns.
If you are looking for a way to provide safe havens and steady returns to your fund that you can depend on, our experts at Paragon Capital Management, LLC would love to talk to you about our investment philosophy.
None of these financial instruments that we use are exceptionally complicated, but most advisors and funds neither know about nor understand them. At first glance, they seem like opportunities that are “too good to be true,” but our experience has proven them to be the exception to that rule - when properly implemented.
Even with the multi-decade institutional experience between Paragon Capital Mangement, LLC founder Howard Jacobson and current CIO & President Craig Novorr, they didn’t know much about these types of opportunities until Craig set himself on a journey to find a better way to serve his clients.
Asset gatherers make up the majority of this industry today, and far too often they find themselves locked into pre-built investment strategies and financial instruments for their clients. This means that often they aren’t even looking for a new way to do things.
It should be noted that there are multiple types of these instruments that we utilize available, and not all of them are beneficial. Our investment into the time and experience required to properly understand, implement, and utilize these tools is what has allowed us to serve our clients in ways that other firms don’t even know about.
It was the 2008 market correction that led Craig Novorr to find a better way to serve his clients, and it looks like we are moving into another tumultuous time for the markets. If you are at the point where Craig found himself nearly a decade and a half ago and are seeking new opportunities for your fund, we are here to assist.
As the ancient Chinese proverb states, “the wise man knows he knows nothing, the fool thinks he knows all.” Our current society is so full of an omnipresent availability of information at our fingertips that it has become increasingly difficult to keep up with it all. In an investing environment in which trades move faster than the speed of knowledge, it has become impossible for one person or even a small team to keep up with it all.
Subadvisors allow a fund manager to leverage the subject matter expertise and experience of those who are experts in their fields, thereby allowing the fund manager to focus on what they are best at. As financial professionals, we each have a fiduciary responsibility to our clients’ best interests, whether that client is an individual or a fund.
Our team at Paragon Capital Management, LLC has spent a multitude of careers between us becoming subject matter experts in our craft. If you would like to leverage that expertise to provide reliable cash flows, tax-efficient investing, capital preservation, lower volatility, or fixed-income guarantees to your fund, we can offer our assistance.
Our experience utilizing simple financial instruments that others don’t understand, fixed-income expertise, background as institutional investors and fund managers, long-standing relationships with the some of the largest investment banks, and experience creating objectives-based and custom portfolios for our ultra-affluent clients have provided our firm with the requisite skill sets that fund managers may be well served by.If you would like to discuss a potential working relationship with Paragon Capital Management, LLC as a subadvisor to your fund or firm, contact our CIO & President Craig Novorr here to see if an alignment can be found.
Whether you feel as if you’ve outgrown your advisor or you just want a fresh perspective on portfolio strategies in our current market, our team of experts is here for you.
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