Princeton Capital Management LLC is the result of a merger of two investment advisory firms. The oldest is Princeton Capital Management Inc., which was founded in 19XX by James Fitzpatrick. Jim had just retired from managing the YMCA’s pension fund. He died in 2016 at the age of 93.
After fighting in WWII as a B-17 bomber pilot and serving 2.5 years as a prisoner of war, Jim Fitzpatrick became a lifelong student of investing.He joined Moody’s as a credit analyst in 1947. In 197X, he was asked to manage the YMCA’s defined benefit retirement plan. The plan was on the verge of bankruptcy and had only $ XXX in assets. Jim managed the funds well, meeting retiree payouts and building the fund to $xx in assets and solid solvency. Jim brought the investment disciplines he used at the YMCA to Princeton Capital management.
Hudson Canyon Investment Counsel LLC was the other registered investment advisor that came together to create Princeton Capital Management LLC. Hudson Canyon was founded in 20xx by Joseph Cajigal. Joe had been a Senior Officer and member of the Executive Committee of the Fiduciary Trust Company. When Fiduciary Trust was sold to Franklin Templeton, the opportunity to form Hudson Canyon arose.
The merger of Hudson Canyon and Princeton Capital came about because the principals of both firms liked and respected each other, wanted to work together and agreed to join forces.
Our commitment to each other is to put our clients’ interests ahead of our own, to do the very best we can and to behave in ways we can all be proud.