Paradigm Wealth Management, LLC – Form CRS

Paradigm Wealth Management, LLC
June 29, 2020

Paradigm Wealth Management, LLC is registered with the Securities and Exchange Commission as an investment adviser and, as such, we provide advisory services rather than brokerage services. Brokerage and investment advisory services and fees differ and it is important for you, our client, to understand the differences. Additionally, free and simple tools are available to research firms and financial professionals at, which also provides educational materials about broker-dealers, investment advisers, and investing. This document is a summary of the services and fees we offer to “retail” investors, which are natural persons who seek or receive services primarily for personal, family, or household purposes.

What investment services and advice can you provide me?
We offer portfolio management and financial planning services to retail investors. Detailed information regarding our services, fees and other disclosures can be found in our Form ADV Part 2A Items 4, 7, and 8 via the following link:

Account Monitoring: If you open an investment account with our firm, as part of our standard service we will monitor your investments on a quarterly basis.

Investment Authority: We manage investment accounts on a discretionary basis whereby we will decide which investments to buy or sell for your account. We have discretion to select, retain or replace third-party managers to manage your accounts. You may limit our discretionary authority (for example, limiting the types of securities that can be purchased or sold for your account) by providing our firm with your restrictions and guidelines in writing. We also offer non-discretionary investment management services whereby we will provide advice, but you will ultimately decide which investments to buy and sell for your account. You have an unrestricted right to decline to implement any advice provided by our firm on a non-discretionary basis.

Investment Offerings: We provide advice on various types of investments. Our services are not limited to a specific type of investment or product.

Account Minimums and Requirements: In general, we do not require a minimum dollar amount to open and maintain an advisory account; however, we have the right to terminate your account if it falls below a minimum size which, in our sole opinion, is too small to manage effectively.

Key Questions to Ask Your Financial Professional

  • Given my financial situation, should I choose an investment advisory service? Why or Why Not?
  • How will you choose investments to recommend to me?
  • What is your relevant experience, including your licenses, education and other qualifications?
  • What do these qualifications mean?

What fees will I pay?
The following summarizes the principal fees and costs associated with engaging our firm for investment advisory services.
For detailed information, refer to our Form ADV Part 2A, Items 5 and 6 via the following link:

  • We charge an asset-based fee for our portfolio management services, which is payable quarterly in arrears. Since the fees we receive are based on the value of your account, we have an incentive to grow your account value and to discourage withdrawals.
  • We charge an hourly fee for standalone financial planning services, which is payable in arrears subject to a $500 deposit. Since the fee is based on the amount of time we spend on your plan, we have an incentive to spend more time on your plan.
  • Additionally, the following are examples of the most common fees and costs applicable to our clients, which are
    separate and distinct from our advisory fees:
    • Advisory fees charged by third party money managers;
    • Custodian and/or account maintenance fees;
    • Fees related to mutual funds and exchange-traded funds;
    • Transaction charges when purchasing or selling securities; and
    • Other product-level fees associated with your investments.

You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.

Key Questions to Ask Your Financial Professional

  • Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
  • What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?

When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.

We only make money from the fees we charge our clients. Because our revenue is derived from asset based fees, we have
an incentive to encourage clients to grow assets with us. Refer to our Form ADV Part 2A via the following link: to help you understand what conflicts exist.

Key Questions to Ask Your Financial Professional

  • How might your conflicts of interest affect me, and how will you address them?

How do your financial professionals make money?
The financial professionals servicing your account(s) are paid a salary and bonus. Since compensation is based, in part, on the revenue the firm earns from the person’s services or recommendations, a conflict of interest exists in that the financial professional has an incentive to refer new clients to our firm or encourage clients to grow assets with us.

Do you or your financial professionals have legal or disciplinary history?
No, our firm and our financial professionals currently do not have any legal or disciplinary history to disclose. Visit for a free and simple research tool.

Key Questions to Ask Your Financial Professional

  • As a financial professional, do you have any disciplinary history? For what type of conduct?

You can find additional information about your investment advisory services via the following link: and request a copy of the relationship summary at 440-892-5900.

Key Questions to Ask Your Financial Professional

  • Who is my primary contact person?
  • Is he or she a representative of an investment adviser or a broker-dealer?
  • Who can I talk to if I have concerns about how this person is treating me?