Paramount Financial LLC

Paramount Financial, LLC, established in 2001 by Arthur Montgomery, offers Investment Supervisory Services to individuals, institutions, and organizations. Clients' portfolios may include various investments such as mutual funds, stocks, bonds, and REITs. The firm provides continuous advice and discretionary management based on clients' objectives. Investment strategies consider factors like performance history and management style. Fees are structured based on account size, with a linear fee schedule for equity and fixed income portfolios. Clients authorize Pershing LLC to deduct fees from their Platform Account. The firm does not accept performance-based fees or engage in side-by-side management. Clients have investment discretion, with the option to place reasonable restrictions. Mr. Montgomery, the principal executive officer, is a registered representative of Cetera Advisor Networks LLC and an independent insurance agent. He may receive compensation for recommending investment and insurance products. The firm does not have custody of client funds and provides quarterly account statements. Clients may terminate agreements with notice and receive refunds for unearned fees. Supervision of communications and conduct is overseen by Thomas Paynter. Clients can contact Paramount Financial for further information or clarification.