# EDGAR Filing Document

**Accession Number:** 0001731878
**File Stem:** 0001172661-23-000295
**Filing Date:** 2023-1
**Character Count:** 12164
**Document Hash:** 57fbf125a2ffd5e73cd545672074af13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000295.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001172661-23-000295

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Paulson Wealth Management Inc.
- **CENTRAL INDEX KEY:** 0001731878
- **IRS NUMBER:** 473668743
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18668
- **FILM NUMBER:** 23556895

**BUSINESS ADDRESS:**
- **STREET 1:** 207 REBER STREET
- **STREET 2:** SUITE 100
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-517-2950

**MAIL ADDRESS:**
- **STREET 1:** 207 REBER STREET
- **STREET 2:** SUITE 100
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Paulson Wealth Management Inc.<br>**Address:** 207 Reber Street<br>Suite 100<br>Wheaton, IL 60187

**Form 13F File Number:** 028-18668

**CRD Number (if applicable):** 000150374

**SEC File Number (if applicable):** 801-109996

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Nathan Paulson<br>**Title:** President/Chief Compliance Officer<br>**Phone:** 630-517-2950

**Signature, Place, and Date of Signing:**

/s/ Nathan Paulson  Weaton, IL  01-26-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 86

**Form 13F Information Table Value Total:** $204898846

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 387462 | 3231 | SH |  | SOLE |  | 3231 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 213922 | 1948 | SH |  | SOLE |  | 1948 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1037375 | 6419 | SH |  | SOLE |  | 6419 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 349567 | 3962 | SH |  | SOLE |  | 3962 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 276560 | 1053 | SH |  | SOLE |  | 1053 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 13268216 | 102118 | SH |  | SOLE |  | 102118 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 307343 | 16694 | SH |  | SOLE |  | 16694 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 280661 | 1175 | SH |  | SOLE |  | 1175 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 344424 | 616 | SH |  | SOLE |  | 616 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 381619 | 1593 | SH |  | SOLE |  | 1593 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 572932 | 3192 | SH |  | SOLE |  | 3192 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 594755 | 1795 | SH |  | SOLE |  | 1795 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 630134 | 13227 | SH |  | SOLE |  | 13227 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 322884 | 5076 | SH |  | SOLE |  | 5076 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 247553 | 7079 | SH |  | SOLE |  | 7079 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 242418 | 5019 | SH |  | SOLE |  | 5019 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 554191 | 1214 | SH |  | SOLE |  | 1214 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 225076 | 848 | SH |  | SOLE |  | 848 | 0 | 0 |
| DIREXION SHS ETF TR | NAS100 EQL WGT | 25459Y207 |  | 310469 | 4864 | SH |  | SOLE |  | 4864 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 262052 | 2728 | SH |  | SOLE |  | 2728 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 872583 | 7911 | SH |  | SOLE |  | 7911 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 337305 | 3929 | SH |  | SOLE |  | 3929 | 0 | 0 |
| GLOBAL X FDS | RATE PREFERRED | 37954Y376 |  | 1841541 | 81846 | SH |  | SOLE |  | 81846 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 910940 | 2884 | SH |  | SOLE |  | 2884 | 0 | 0 |
| INDEXIQ ACTIVE ETF TR | IQ MACKAY INSRED | 45409F843 |  | 1969778 | 82938 | SH |  | SOLE |  | 82938 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 304745 | 2163 | SH |  | SOLE |  | 2163 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 MUNI | 46138J510 |  | 325590 | 13849 | SH |  | SOLE |  | 13849 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2027 MUNI | 46138J494 |  | 332073 | 14119 | SH |  | SOLE |  | 14119 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2023 CB | 46138J866 |  | 232144 | 11065 | SH |  | SOLE |  | 11065 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2023 MUNI | 46138J544 |  | 380242 | 15128 | SH |  | SOLE |  | 15128 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 MUNI | 46138J528 |  | 337926 | 13895 | SH |  | SOLE |  | 13895 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2024 MUNI | 46138J536 |  | 379739 | 15343 | SH |  | SOLE |  | 15343 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 458356 | 3245 | SH |  | SOLE |  | 3245 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 | 46137V613 |  | 584450 | 3767 | SH |  | SOLE |  | 3767 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1526088 | 3972 | SH |  | SOLE |  | 3972 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 288747 | 3051 | SH |  | SOLE |  | 3051 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 286156 | 1183 | SH |  | SOLE |  | 1183 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 8144425 | 74094 | SH |  | SOLE |  | 74094 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 28036998 | 184880 | SH |  | SOLE |  | 184880 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 404778 | 2919 | SH |  | SOLE |  | 2919 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 3845568 | 101466 | SH |  | SOLE |  | 101466 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 497435 | 4365 | SH |  | SOLE |  | 4365 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 416703 | 2443 | SH |  | SOLE |  | 2443 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 15585484 | 89387 | SH |  | SOLE |  | 89387 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 27017592 | 126109 | SH |  | SOLE |  | 126109 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 2503628 | 23727 | SH |  | SOLE |  | 23727 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 21745441 | 331283 | SH |  | SOLE |  | 331283 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1081098 | 6120 | SH |  | SOLE |  | 6120 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1209314 | 9018 | SH |  | SOLE |  | 9018 | 0 | 0 |
| LAZARD LTD | SHS A | G54050102 |  | 1690579 | 48762 | SH |  | SOLE |  | 48762 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 294501 | 805 | SH |  | SOLE |  | 805 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 506436 | 1041 | SH |  | SOLE |  | 1041 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 367797 | 1846 | SH |  | SOLE |  | 1846 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 266165 | 1010 | SH |  | SOLE |  | 1010 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 679063 | 6120 | SH |  | SOLE |  | 6120 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 851725 | 3552 | SH |  | SOLE |  | 3552 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 227701 | 1946 | SH |  | SOLE |  | 1946 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 483266 | 2675 | SH |  | SOLE |  | 2675 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 530744 | 10358 | SH |  | SOLE |  | 10358 | 0 | 0 |
| PIMCO ETF TR | MUNI INCOME OPP | 72201R635 |  | 3240180 | 74427 | SH |  | SOLE |  | 74427 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 786656 | 5190 | SH |  | SOLE |  | 5190 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 302885 | 2755 | SH |  | SOLE |  | 2755 | 0 | 0 |
| RELIANCE STEEL  ALUMINUM CO | COM | 759509102 |  | 203047 | 1003 | SH |  | SOLE |  | 1003 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 |  | 210770 | 3679 | SH |  | SOLE |  | 3679 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 220508 | 1772 | SH |  | SOLE |  | 1772 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 516799 | 1560 | SH |  | SOLE |  | 1560 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 6455959 | 16881 | SH |  | SOLE |  | 16881 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1185928 | 2678 | SH |  | SOLE |  | 2678 | 0 | 0 |
| SPDR SER TR | BLOOMBERG 1-3 MO | 78468R663 |  | 6662400 | 72837 | SH |  | SOLE |  | 72837 | 0 | 0 |
| SPDR SER TR | NUVEEN BLMBRG SH | 78468R739 |  | 5776192 | 122950 | SH |  | SOLE |  | 122950 | 0 | 0 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 271114 | 5733 | SH |  | SOLE |  | 5733 | 0 | 0 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 7318689 | 113750 | SH |  | SOLE |  | 113750 | 0 | 0 |
| SPDR SER TR | S 600 SML CAP | 78464A813 |  | 1363535 | 16586 | SH |  | SOLE |  | 16586 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1020812 | 6179 | SH |  | SOLE |  | 6179 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1239031 | 2337 | SH |  | SOLE |  | 2337 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 300604 | 6893 | SH |  | SOLE |  | 6893 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 272177 | 1939 | SH |  | SOLE |  | 1939 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 563946 | 2767 | SH |  | SOLE |  | 2767 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 428741 | 10999 | SH |  | SOLE |  | 10999 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS3000IDX | 92206C599 |  | 326325 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 13358411 | 177662 | SH |  | SOLE |  | 177662 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 2982472 | 71062 | SH |  | SOLE |  | 71062 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 290733 | 7379 | SH |  | SOLE |  | 7379 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 473901 | 2281 | SH |  | SOLE |  | 2281 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 306501 | 8204 | SH |  | SOLE |  | 8204 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 256073 | 1806 | SH |  | SOLE |  | 1806 | 0 | 0 |

---