X

Online Banking

Don't have Online Banking?
Sign Up Now.

Newsroom

Paragon Bank Announces Wealth Solutions Division

11-17-14

Paragon Bank has announced the formation of the Paragon Wealth Solutions division. The new division was created to assist customers with retirement and investment planning, as well as small business strategies. The group is comprised of six professionals with over 120 years of financial services and asset management experience.

“We pride ourselves on strategic growth while maintaining a focus on serving the needs of our customers,” said Robert Shaw, Chief Executive Officer at Paragon Bank. “With individuals and small business owners in mind, we look forward to enabling more people reach their investment and retirement goals.”

The Paragon Wealth Solutions team will be made up of four wealth advisors: Staci Jackson, Mark Winburne, Kent “Brooks” Monypeny and Charles Hardee.

·       Jackson, who joined the Paragon team in March 2014, has more than 15 years of investment management and financial services experience and recently opened the Memphis branch location of Atlantic Capital Advisors.

·       Winburne, who was appointed in July of this year, has worked as a financial advisor since 1993 and holds Series 7, 24, 63 and 65 financial licenses.

·       Monypeny has over three decades of experience and holds numerous securities licenses including Series 6, 7 and 52, among others.

·       Hardee has been in the securities industry for 20 years and holds a Series 7 license, as well as a state securities and insurance license.

Monypeny and Hardee joined the division on November 3, 2014. The team will be led by Dan Overbey, President and Managing Director, and sales support will be steered by Audrey Liles.

The group will focus on a wide range of strategic plans, including business investments, companywide retirement and individual retirement planning. Paragon Wealth Solutions has affiliated with LPL Financial to provide equities, mutual funds and bonds annuities for businesses and individuals.

This new division of Paragon Bank, combined with the bank’s Mortgage, Cash Management, Insurance, BusinessManager and Payroll Solutions, should provide for a significant increase in non-interest revenues for the company. By offering this suite of products, Paragon Bank is expanding beyond the traditional banking infrastructure to provide solutions to help make its customers’ lives simpler.

About LPL Financial

LPL Financial is one of the leading financial services companies and the largest independent broker/dealer in the nation, as reported by Financial Planning magazine, June 1996-2013, based on total revenue. LPL Financial is an enabling partner to more than 13,300 financial advisors and approximately 700 financial institutions.

If you enjoyed this article, would you mind sharing it?


Recent Posts

 

Congratulations to our 2024 Team Member of the 1st Quarter – Helean Davis
05-06-24

Paragon Bank is pleased to announce that Helean Davis, Assistant Vice President — Banking Center Manager, was selected by her […]

Read Post

Paragon Bank welcomes skilled private banker Jon Bragg to Memphis-area team
03-25-24

Paragon Bank is thrilled to welcome Jon Bragg to the team. Bragg will serve as the new First Vice President, […]

Read Post

Staying Safe in a World of Scammers: Marketplace Scams
03-04-24

Online Marketplace Scams Target Both Buyers and Sellers Whether you’re looking for a houseplant, a coffee table, or a new […]

Read Post

Staying Safe in a World of Scammers: Investment Scams

Protect Your Savings from Investment Scams We all dream of financial success, but when it comes to investing, we have […]

Read Post