Expansion-minded Savant Capital Management has bolstered its presence in the vibrant Chicago metropolitan market, acquiring Paragon Advisors, a $150 million firm in Naperville, Ill.

The acquisition boosts Savant’s assets under management to $3.7 billion and adds 130 families to the RIA’s client roster. Gregory De Jong, founding principal of Paragon, and two of the firms’ client service team members will join Savant.

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