Princeton Portfolio Strategies Group LLC (Princeton)

Name: Princeton Portfolio Strategies Group LLC
Address: 212 Carnegie Center, Princeton, NJ, 08540
Telephone: 609-436-5680

Princeton Portfolio Strategies Group LLC is a large advisory firm based in Princeton. It manages $400.01 million of regulatory assets for 448 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Colorado, Connecticut, and 12 other states.

Princeton Portfolio Strategies Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Princeton Portfolio Strategies Group: assets under management

The assets under management (AUM) of Princeton Portfolio Strategies Group LLC is $400.01 million. The firm's AUM has grown by 978% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $394.55 million in discretionary accounts and $5.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $884.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.73 million.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is investment and business development companies, which make up 9% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Princeton Portfolio Strategies Group LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Princeton Portfolio Strategies Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Princeton Portfolio Strategies Group is high net worth individuals with 63 clients and $297.51 million of assets under management. Among the 4 most similar advisory firms, Princeton Portfolio Strategies Group has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $386.27 million for 203 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Princeton Portfolio Strategies Group doesn't advise any private funds.

Careers at Princeton Portfolio Strategies Group LLC

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Henry Baldwin Hamill	Co-managing member	1 May 2011	25% - 50%	2214618
Carlton Oldis Savoye	Co-managing member	1 Aug 2011	Other	4577607
Robert Todd Lincoln	Co-managing member	1 Aug 2011	Other	1319736
Suzanne Twitchell Hutter	Co-managing member, chief compliance officer	1 Aug 2011	Other	4967372
William Henry Baldwin Hamill	Co-managing member	1 May 2012	Other	2214618
Alan Michael Moucha	Co-managing member	1 Dec 2013	Other	1082811
John Joseph Capodici	Co-managing member	1 Jun 2015	Other	1938918

Based in Princeton

The principal office where Princeton Portfolio Strategies Group LLC performs its advisory services is located at 212 Carnegie Center, Princeton, NJ 08540, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-436-5680 or by fax 609-799-0852. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at princetonpsg.com.