RED BANK, NJ / ACCESS Newswire / April 22, 2025 / Princeton Capital Management (PrinCap), a privately owned, SEC-registered investment advisor renowned for its institutional investment strategies, expertise in tailored financial planning, and bespoke wealth management services, is pleased to announce the promotion of two key executives who will help lead the firm's continued growth and client-focused initiatives.
Caelan McCarthy, CFP®, has been promoted from Director of Financial Planning to Managing Director, Financial Planning. Since joining PrinCap, Caelan has leveraged his expertise in comprehensive family office-style financial planning, enhancing the firm's approach to delivering personalized wealth strategies for individuals. He specializes in providing objective and strategic financial planning advice, aligning closely with the firm's core mission to preserve and compound client wealth. A Rutgers University graduate with departmental honors in Economics, Caelan is a recognized leader within the Financial Planning Association's NexGen advisor chapter in New Jersey.
Caelan McCarthy, CFP®
Princeton Capital Management
Managing Director, Financial Planning
Joseph N. (Jay) Cajigal has assumed additional duties as Managing Director, Trading. Jay, who joined PrinCap in 2018, having worked for Hudson Canyon Investment Counselors since 2006, has been instrumental in building the firm's comprehensive trading processes, ensuring compliance and operational efficiency. Additionally, he continues to serve as associate Portfolio Manager on one of PrinCap's long- short funds and serves as a senior research analyst contributing fundamental insights to Princeton Capital Management's Investment Committee. Jay holds a BA from Providence College and brings nearly two decades of dedicated industry experience to his expanded role.
Joseph N. (Jay) Cajigal
Princeton Capital Management
Managing Director, Trading
"These promotions underscore our firm's commitment to investing in exceptional talent and reflect our confidence in Caelan's and Jay's proven abilities to continue strengthening our client offerings," said Alfred R. Berkeley, III, Chairman of Princeton Capital Management. "Both Caelan and Jay have demonstrated exceptional leadership and dedication. They embody the high standards of integrity, expertise, and personalized service that define our firm."
Founded in 1988, Princeton Capital Management provides bespoke investment strategies for private clients and model strategies for institutional investors, in addition to robust financial planning services for their individual private clients. The firm manages approximately $400 million in assets under management (AUM) and advises on an additional $290 million in assets under advisement (AUA), serving over 175 households. Its team consists of seasoned investment professionals, averaging more than 30 years of experience. PrinCap remains dedicated to its partnership culture, being 100% employee-owned.
About Princeton Capital Management LLC
Princeton Capital Management (PrinCap) is a privately owned, fee-only, SEC-registered investment advisor headquartered in Red Bank, New Jersey. With deep expertise in institutional investment management and private client financial planning, PrinCap is committed to providing personalized and strategic wealth management solutions that align closely with client objectives. For more information, visit https://princap.com.
Media Contacts:
Brian McDermott, Media Relations
brian@brianpr.co
215-205-3787
Caelan McCarthy, Managing Director, Financial Planning
cmccarthy@princap.com
609- 924-4522
SOURCE: Princeton Capital Management
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