Asset ManagerRIA · CRD 317735SEC-Registered

Updated:

Paramount Financial

PARAMOUNT FINANCIAL is an SEC-registered investment adviser in DANVERS, MA. The firm manages approximately $24 million in regulatory assets. It has 4 employees...

Paramount Financial

PARAMOUNT FINANCIAL is an SEC-registered investment adviser in DANVERS, MA. The firm manages approximately $24 million in regulatory assets. It has 4 employees and 3 investment advisers.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Corporate office

Frequently asked questions

Is Paramount Financial a single entity or a collection of firms?

"Paramount Financial" is a brand shared by multiple independent and legally distinct entities, not a single operating company. The most documented of these is Paramount Financial Group, Inc., a broker-dealer registered by FINRA under CRD# 15077. Other businesses using the same or similar names have operated in debt collection, factoring, and equipment leasing with no common ownership connecting them. Verifying the specific legal entity and its SEC or FINRA registration is essential before any due diligence analysis.

Does Paramount Financial function as a family office or a principal investor?

Public records do not indicate that any entity known as "Paramount Financial" operates as a single-family office or a principal investment firm. The broker-dealer entity functioned as an intermediary, earning commissions on securities and insurance products for a retail and high-net-worth client base. There is no record of proprietary balance-sheet deployment or discretionary allocations into direct equity, real assets, or venture capital.

What is the investment strategy of Paramount Financial Group?

Paramount Financial Group operated a commission-based brokerage model, distributing third-party securities, mutual funds, and variable annuities. It did not deploy proprietary capital into direct investments or co-investments and did not maintain a defined allocation strategy for an integrated portfolio. This transactional posture differentiates it from investment advisers or offices that manage capital discretionarily across asset classes.

How can I identify the specific Paramount Financial entity I am evaluating?

The most reliable method is to request the legal entity's full name alongside its SEC (CIK) or FINRA (CRD) registration number. Paramount Financial entities have been registered in multiple states, including New York and Florida, and multiple firms have operated under similar names. Without a specific registration number, the business's operational history, assets, and regulatory record cannot be accurately isolated from other entities sharing the brand.

Is Paramount Financial's AUM publicly disclosed?

Assets under management or advisement have never been publicly reported by any entity operating under the Paramount Financial name. The broker-dealer did not file 13F reports, and no audited financial statements are available to reconstruct a total capital base. Any claim of a figure would be speculative without private disclosure from the specific entity's management.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on registered investment advisers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Asset Manager profiles