Atria Wealth Solutions, a New York-based broker-dealer, yesterday announced that it has added Glendale, Ariz.-based Paragon Financial Group to its Cadaret Grant subsidiary.
Founded in 1999 by Frank Brown, Paragon currently has $420 million in client assets, according to the announcement.
"Our move to Cadaret Grant and the Atria family was a strategic decision driven by our desire for access to the industry's best technology and support from their senior-most leadership,” said Brown in released comments. “With Atria's platform, we gain tremendous efficiencies, making it easier to offer a more personal touch to our clients and, more broadly, support for our ambitious growth goals. We were looking for a true partner who understands our needs and offers substantial resources—Atria fits that bill perfectly."
According to Brown’s BrokerCheck record, he most recently affiliated with Woodbury Financial Services (at the time part of the Advisor Group, now Osaic) from October 2017 until December 2023. Before that, he was affiliated with Jackson National’s National Planning Holdings from 2009 to 2017 (when NPH was sold to LPL Financial). Before that he was with SagePoint Financial (another constituent firm of the future Osaic) from 2005 to 2009.
Paragon has additional offices in Phoenix, Scottsdale, Flagstaff, Prescott and Tuscon, Ariz., as well as in Denver, according to the announcement.
"We are delighted to welcome Paragon to Cadaret Grant and the Atria family,” said Bill Morrissey, head of Atria’s independent channel, in released comments. “After getting to know Frank and the Paragon team, it's very clear they are committed to excellence and elevating their wealth management offering, which makes them a perfect match to our collaborative culture at Atria. The addition of Paragon is another statement recruiting win for Atria and further emphasizes our position as the leading destination for those seeking a community of growing financial professionals and access to a team that will take their practice to the next level."