AUSTIN, Texas, Aug. 21, 2013 /PRNewswire/ -- Princeton Equity Partners LLP, an independent full-service financial firm, announces the formal opening of their Austin, Texas office where the company looks to expand its growing money management business. The Austin opening marks the second venture of its kind, a regional expansion supporting the company's ongoing growth efforts. This market is particularly attractive as Texas was recently recognized nationally for its booming economy, especially in the state's capital.
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"We are seeing increased demand from high net worth to mass affluent investors, particularly in alternative investments such as REITs and Business Development Companies (BDCs)," states Michael DiGaetano, Chief Investment Officer of Princeton Equity Partners, LLP. "Investors facing retirement are increasingly attracted to alternative investments because they provide preservation of principle and regular distribution of income while not being correlated to the markets. We believe Texas and Austin in particular, with its growing base of retirees and small business owners, will be an area where we will flourish."
Individual investors are largely unaware of the prospects in institutional quality investments, and Princeton Equity Partners is capitalizing on this opportunity to educate them. As a result, the company is developing new client relationships and ultimately providing them with decent returns.
The office is located in a shared office complex at 901 South Mopac Expressway, Barton Oaks Plaza 1, Suite 113. Operations officially began last month on Monday, July 1st.
For more information on Princeton Equity Partners LLP or directions to the Austin, Texas office location, please visit: http://www.princetonequitypartners.com/.
About Princeton Equity Partners LLP
Princeton Equity Partners LLP is an independent full-service financial firm committed to helping people pursue their financial goals. As an independent branch office of JP Turner and Co., LLC, the firm has access to a wide array of investment products and strategies such as mutual funds, managed accounts, stocks, real estate, insurance, and energy and fixed income products. Princeton Equity Partners LLP specializes in providing financial services such as tax-aware investment strategies, investment management, retirement planning strategies, wealth management and more. Princeton Equity Partners was founded in 1998 and is headquartered in Lewiston, NY.
SOURCE Princeton Equity Partners LLP
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