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1150 Walnut Street
Newton, MA  02461
tel:  617-641-2446
fax:  617-641-2044

info@paragonfeeonly.com

Paragon      

Financial Advisors
Dana J. Levit, CFP®

Financial Planning

Tax Advice

Investment Counseling

Fee-Only

 

 

1150 Walnut Street
Newton, MA  02461
tel:  617-641-2446
fax:  617-641-2044

info@paragonfeeonly.com

Services

Financial Planning
Tax Advice
Investment Counseling

Financial Planning

  • Goal Setting & Financial Planning:
    You will be guided in setting attainable goals for the near term and for the future...and in finding strategies to help balance what can seem to be conflicting goals
  • Risk Management:
    We will review your insurance needs, current coverages and deductibles, and you will be advised of the insurance you need to be safe, as well as elaborate coverage you may not need.
  • Estate Planning:
    You will be guided through the process of deciding how you want your loved ones cared for and your assets divided. The focus is on reducing estate taxes and probate costs while ensuring your wishes will be carried out.
  • Retirement Planning / Financial Independence Analysis:
    When do you wish to retire? How much do you need to save to meet your goals? Your goals, present savings, and many other factors will be analyzed and a realistic projection will be developed. You will learn how to adjust your savings and spending now to make your retirement goals attainable.
  • Special Needs Planning:
    In addition to the areas mentioned here, special needs such as education planning, budgeting, debt reduction, home purchase analysis, charitable giving, and qualified plan/IRA rollovers are addressed. Also, careful planning can ease such life transitions as the death of a spouse, divorce, second marriage, early retirement, and starting a small business.

 

Tax Advice

  • Tax Planning & Preparation:
    Your personal income tax return will be prepared and you will be provided with professional advice year-round. By teaching you how to reduce your taxes, tax savings can often offset your annual fee.
  • Audit Protection:
    In the event of an audit, a qualified tax attorney, CPA or enrolled agent will handle your audit at no additional charge.
  • Record Keeping System:
    You will receive Quicken software and training along with a complete home filing system. The record keeping system is designed to maximize tax savings and requires minimal effort to maintain.

 

Investment Counseling

  • Portfolio Analysis:
    Are your present investments appropriate for your risk tolerance? Tax bracket? Long term goals? Your retirement accounts (401(k), 403(b), IRA`s, etc.) as well as your other investments will be analyzed.
  • Asset Allocation:
    A personalized asset allocation plan will be developed based on your needs and objectives. You will learn how to balance your investments to hedge against inflation and unpredictable economic and market cycles. Diversification appropriate to your investment horizon can enable you to reduce portfolio risk while enhancing returns.
  • Commission-Free Investing:
    No-load, low expense mutual funds are analyzed and specific recommendations are made. For independent investors, the self-directed approach enables you to buy direct from the funds or use the discount broker of your choice. Or, you may choose to invest through the Investment Advisor division of the broker listed below. You`ll receive consolidated account statements, access to "advisor-only" mutual funds, and other benefits.
  • We offer access to Dimensional Fund Advisors, an institutional money manager which offers its low-cost mutual funds (based on Nobel Prize-winning research by Myron Scholes and Merton Miller) only through approved fee-only financial planners.

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