# Paradigm Capital Management, Inc.

> Paradigm Capital Management, Inc. is an SEC-registered investment advisory firm in Albany, NY, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 107982
- Filed as: PARADIGM CAPITAL MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Albany, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107982
- AdvisorCensus page: https://advisorcensus.com/firm/paradigm-capital-management-inc-albany-ny-107982

## Quick answers

**How is Paradigm Capital Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Paradigm Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**What does Paradigm Capital Management, Inc.'s brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Paradigm Capital Management, Inc. located?**
Paradigm Capital Management, Inc.'s principal office is in Albany, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Paradigm Capital Management, Inc. registered with the SEC or a state?**
Paradigm Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 107982.

**How much does Paradigm Capital Management, Inc. manage?**
Paradigm Capital Management, Inc. reports $2,381,968,089 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Paradigm Capital Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Paradigm Capital Management, Inc.: Regulatory assets under management: $1,295,749,064 in the October 2021 data and $2,381,968,089 in the October 2026 data, up 84%. Total employees: 15 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Paradigm Capital Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (59); corporations or other businesses not listed above (5); pooled investment vehicles (other than investment companies and business development companies) (2).

**Which custodians does Paradigm Capital Management, Inc. use?**
Paradigm Capital Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Paradigm Capital Management, Inc. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107982

**What changed in Paradigm Capital Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 1 yes answer, previously 2 (now no: 11.E(4)). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 1% of assets a year

> The Adviser’s standard annual fee schedule for retail and institutional accounts is 1.0% on all assets.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $2,381,968,089
- Discretionary: $2,381,968,089
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 59 | $1,030,715,222 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $867,964,813 |
| Charitable organizations | Fewer than 5 | $72,094,481 |
| Other investment advisers | Fewer than 5 | $71,022,308 |
| Corporations or other businesses not listed above | 5 | $340,171,265 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1994 (32 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, IL, MA, MD, NH, NJ, NY, SC, TX, VA, VT
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107982

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- paradigmcapital.com
- LinkedIn @paradigm-capital-management-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,295,749,064 | 15 | July 20, 2021 |
| October 2022 | $1,737,643,218 | 12 | March 29, 2022 |
| October 2023 | $1,535,962,605 | 11 | July 31, 2023 |
| October 2024 | $1,950,752,259 | 13 | July 25, 2024 |
| October 2025 | $2,204,189,405 | 12 | July 1, 2025 |
| October 2026 | $2,381,968,089 | 12 | March 31, 2026 |

Regulatory assets under management: $1,295,749,064 in the October 2021 data and $2,381,968,089 in the October 2026 data, up 84%.
Total employees: 15 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 1 yes answer, previously 2 (now no: 11.E(4)).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Paradigm Capital Management, Inc. (CRD 107982): Form ADV filing data as of October 2026.