PGAM was founded on January 31, 2008. PGAM is principally owned and managed by Paul J. Gerard
and Brett M. Shaver.
PAUL GERARD, Chairman of Princeton Global Asset Management, has over 40 years of
investment experience. Paul earned a B.S. from the University of California, Berkeley, and an M.B.A.
from New York University Graduate School of Business Administration. Paul is a CFA®
Charterholder and is a member of the New York Society of Security Analysts (NYSSA).Prior to
forming Princeton Global Asset Management, Paul was a Managing Director and Senior Portfolio
Manager for BlackRock/Merrill Lynch Investment Managers from 1986 to 2007. (Merrill Lynch
Investment Managers (MLIM) combined with BlackRock in 2006.) Paul was a member of the
domestic Investment Policy and Strategy Committee and served as Chairman of the International
Policy and Strategy Committee. Before joining MLIM in 1986, Paul was associated with Equitable
Investment Management Corporation in New York for 13 years.
BRETT M. SHAVER is President and Portfolio Manager of Princeton Global Asset Management. As
a leader of the Investment Team, Brett focuses on providing customized investment advice to
Princeton Global’s clients. Prior to joining Princeton Global in 2016 as a Partner, Brett was a Senior
Research Analyst for BlackRock and managed the fundamental investment analysis within the
Technology, Consumer and Energy sectors for large cap equity strategies. Before joining BlackRock
via the combination with Merrill Investment Managers in 2006, Brett served as a generalist
fundamental analyst on a team led by President and Chief Investment Officer of MLIM and served as
an analyst for equity and balanced separately managed accounts. Brett earned a BSBA degree from
Bucknell University in 2002 where he majored in Management and minored in Economics. Brett is a
CFA® Charterholder and is a member of the CFA Society New York. In 2015 he completed the
Columbia University Graduate School of Business Executive Education program in Financial Analysis
and Valuation.
Investment Management Services:
PGAM furnishes “investment supervisory services,” defined as giving continuous advice to Clients
on the investment of their funds based on their individual needs. We provide US, International and
Global investment strategies that are customized to our Clients’ investment objectives and needs
through equity, fixed income and balanced accounts. Our customization considers risk tolerance,
time
horizon, liquidity needs, tax considerations, and Client directed restrictions such as, but not limited to,
social concerns, and all other pertinent issues of our Clients.
We provide investment advice based on information Clients provide us about personal, financial and
tax statuses, and investment objectives and policies, as well as any updates or changes to their
information. We impose no restrictions on the ability of Clients to contact and consult with us.
PGAM does not participate in wrap fee programs.
As of December 31, 2023, PGAM maintained approximately $605 million in clients’ assets under
management. PGAM primarily manages all client assets on a discretionary basis.
Financial Planning Services:
PGAM provides its clients with financial planning and consultation services (e.g., review of goals
and objectives, analysis and recommendations for cash flow planning, asset allocation/investment
planning, income tax planning, insurance planning, estate planning, retirement planning, education
planning, real estate/mortgage planning, etc.).
Investment Management Services for “Held Away” Accounts
We offer an additional investment management service for “Held Away accounts,” such as 401(k),
403(b) plan accounts. We use a third-party platform, Pontera, to leverage an Order Management
System to implement asset allocation and opportunistic rebalancing strategies on behalf of clients. We
regularly review the available investment options in these accounts, monitor them, and rebalance and
implement our strategies in the same way we do other accounts, though using different tools, as
necessary.
A link will be provided to Clients allowing them to connect account(s) to the platform. Once a client’s
account is connected to the platform, we will review the current account allocations. When deemed
necessary, we will rebalance the account considering the Client’s investment goals and risk tolerance,
and any change in allocations will consider current economic and market trends. The goal is to
improve account performance over time, minimize loss during difficult markets, and manage internal
fees that harm account performance. Client account(s) will be reviewed and allocation changes will be
made as deemed necessary. The Pontera’s platform allows us to avoid having custody of Clients’ funds
since we do not have direct access to Client log-in credentials. We are not affiliated with Pontera and
receive no compensation from Pontera for using their platform.