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Paragon Financial Advisors
Dana J. Levit founded Paragon Financial Advisors in 2005, a solo fee-only RIA offering holistic financial planning from Newton, Massachusetts.
Paragon Financial Advisors
Dana J. Levit founded Paragon Financial Advisors in 2005 after a career as a financial advisor at another fee-only planning firm. She holds the Certified Financial Planner designation and an MBA with a finance concentration from Simmons. The source of the firm's capital is not disclosed; Paragon appears to operate as a purely advisory practice without investment of principal. The firm offers a single fee-only service model covering retirement planning, portfolio analysis, investment counseling, tax advice and strategies, insurance counseling, education planning, and estate planning. It targets individuals across three life-stage buckets: working and saving, closer to retirement, and transitioning to or living in retirement. No specific portfolio companies, deals, or co-investors are disclosed. The firm's geographic footprint is limited to one office in Newton, Massachusetts. Paragon is staffed by Levit alone. No additional offices, philanthropic vehicles, or operating businesses appear in public records. The firm maintains an informational press page on its website with no dated press releases or media mentions from the last 24 months. Paragon's structural differentiator is its status as a solo practitioner bound by fiduciary duty under a fee-only structure. The firm does not accept commissions and does not manage third-party institutional capital. Its model is a simple RIA that relies on direct client relationships rather than fund structures or investor syndicates.
General information
Firm type
RIA
Year founded
2005
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Newton
Corporate office
Newton, MA, United States
Principals
Dana J. Levit
Owner and Principal Advisor
Frequently asked questions
Who makes investment decisions at Paragon Financial Advisors?
Dana J. Levit, CFP, is the owner and principal advisor. She is the sole decision-maker on all financial planning and investment counsel provided to clients.
How is Paragon Financial Advisors structured — is it a family office?
Paragon is a registered investment advisor (RIA) operating as a solo practice, not a family office. It provides fee-only financial planning to individual clients and does not invest principal capital.
Does Paragon Financial Advisors make direct investments or fund commitments?
No. The firm does not make direct investments, fund commitments, or SPV investments. It serves as a planning and advisory practice only.
What investment stages or sectors does Paragon target?
Paragon does not target investment stages or sectors. It provides portfolio analysis and investment counseling across all asset classes for its individual clients.
Where does the underlying wealth at Paragon come from?
Paragon does not manage a concentrated pool of family wealth. Client assets come from individual households who retain the firm for financial planning services.
Is Paragon Financial Advisors affiliated with any larger organization?
No. Paragon is a standalone, sole-proprietorship RIA based in Newton, Massachusetts, with no disclosed parent or sibling entities.
Does Paragon maintain a philanthropic arm?
No philanthropic foundation or charitable trust is named in public materials. The firm does not disclose any such structures.
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