Electromagnetic shields and flux concentrators for magnetic sensors could utilize flexible and insulating composites applied using simple thin film deposition methods such as dip-coating, spin-coating, spraying, etc. As the first step towards development of composites with superior performance, efforts focused on isolating nanoparticles with large magnetizations under low fields. In this paper, we provide the results of proof-of-concept studies for two systems: metal-functionalized silicone-based materials (metal-silicone); and, Co-ferrite (Co2+1−xFe2+xFe3+2O4) nanoparticles. The metal-silicone materials studied included a polysiloxane that contained a pendant ferrocene where an optimum saturization magnetization of 5.9 emu/g (coercivity = 11 Oe) was observed. Co-ferrite nanoparticle samples prepared in this study showed unprecendented saturation magnetization (i.e., Ms > 150 emu/g) with low coercivity (Hc ∼ 10 Oe) at room temperature and offer potential application as flux concentrators.