Charles Schwab

New in Town


Crosstown Moves

Leaving Town

Management Moves

Name Changes

Gone Virtual


Corrections or additions?

These articles were published in U.S. 1 Newspaper on

October 20, 1999. All rights reserved.

Nassau Street: Wall Street

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Charles Schwab

Nassau Street in downtown Princeton is looking more

like Wall Street every day. Charles Schwab, the discount brokerage,

has moved from the Princeton University-owned Helm Building at 330

Alexander to a newly refurbished and much more visible building at

132 Nassau Street, owned by Jay Biggins of Coleman Co. Scott

Jensen is the branch manager. Phone and fax remain the same.

Meanwhile Nassau Partners Limited is seeking a use variance for its

property at 182 Nassau Street to permit general office use of the

entire ground floor "which may include, but not be limited to

financial or brokerage offices." Some of that space had been used

for a retail store. A hearing will be held Thursday, October 28, before

the Princeton Borough Zoning Board.

Not counting the brokerages within commercial banks, there are three

other discount brokerages on Nassau Street: Olde Discount Brokers,

Waterhouse Securities, Quick & Reilly, and two full-service brokers,

Merrill Lynch and Tucker Anthony.

Charles Schwab, 132 Nassau Street, Princeton 08542.

Scott Jensen, branch manager. 609-497-3619; fax, 609-497-3616. Home


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New in Town

ComNet Mortgage Services, 1330 Route 206, Skillman

08558. Alec Rabinowitz, branch manager. 800-924-9091; fax, 609-497-9747.

The mortgage division of Commonwealth Bank, ComNet Mortgage Services,

has opened its second central New Jersey office. The manager of the

Skillman branch, Alec Rabinowitz, has been with Commonwealth Bank

for five years. ComNet is a national discount lender that boasts no

application fee and competitive rates.

Renaissance Partners LC, 49 Dogwood Hill, Princeton

08540. Matthew L. Powell, mid-Atlantic practice leader. 609-403-0926;

fax, 609-430-9206. Home page:

After a career in retailing Matthew Powell has joined a management

consulting firm with offices in Atlanta, Charlotte, Columbus, Fort

Lauderdale, Nashville, and New York. Powell’s parents had a manufacturer’s

rep company to sell apparel, and he was working in a department store

at the age of 15. An alumnus of Colby College, Class of 1973, he has

worked for Jordan Marsh in Boston, Sport Mart in the midwest, Sneaker

Stadium in New Jersey, and Modell Sporting Goods.

His wife, Susan, is the grants manager in the molecular biology department

at Princeton University, and they have two teen-aged sons. "My

kids have seen the USA the retail way, and that was one of the reasons

I wanted to do the consulting," says Powell.

His current clients include a casual sportswear retailer, Poor Simon’s,

and he is doing E-commerce work for Weekend Exercise, a San Diego

company, and Berkeley Shirt. "I know a lot about E-commerce and

am a seasoned retailer especially for the manufacturers who don’t

have a lot of retail background."

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Parelec LLC, 5 Crescent Avenue, Building C-2, Box

236, Rocky Hill 08553-0236. Steve Ludmerer. 609-279-0072; fax, 609-252-1288.

A subsidiary of the R&D firm Partnerships Ltd., Parelec received an

injection of funding to commercialize Parmod, a trademarked additive

process that is used to make printed wiring boards. The company just

added four new employees to its staff and is looking for chemists,

chemical engineers, and an executive assistant.

Sage Consulting LLC, 29 Airpark Road, Princeton

08540. Edward H. Soesman, president. 609-497-1589; fax, 609-497-1266.

Home page:

This computer consulting business moved from a home office at 82 Harris

Road to a commercial office at 29 Airpark Road. It does customized

systems — analysis, design, and programming — for mid-sized

and larger companies.

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Crosstown Moves

Glenn M. Parker Associates Inc., 36 Otter Creek

Road, Skillman 08558. Glenn M. Parker, president. 609-333-0203; fax,

609-333-0203. Home page:

The management and team building consultant has moved from a home

office in Lawrenceville to one in Skillman, and his phone and fax

are new. Parker has had his consulting practice since 1971 and has

written nearly a dozen books on teamwork.

Alfred J. Pietrinferno Jr. CPA, 209 Wall Street,

Princeton 08540. 609-924-1131; fax, 609-924-1125.

The CPA firm has moved within Research Park, from 372 to 209. The

firm was founded in 1933.

State Farm Insurance, 134 Nassau Street, Princeton

08540. Marie Kerlin, agent. 609-921-7059; fax, 609-497-2940.

Marie Kerlin moved her office from 228 Alexander Road to 134 Nassau

Street. Her father, David Kerlin, had previously been a State Farm

agent on that same block of Nassau Street. Her brother, John Kerlin,

also has a State Farm office, located at 13 Roszel Road.

Print-It, 743 Alexander Road, Unit 6, Box 352,

Princeton Junction 08550. Janna Moore, manager. 609-936-1000; fax,


The company moved its production facility from 51 Everett Drive.

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Leaving Town

American Society of Media Photographers, 150 North

Second Street, Philadelphia 19106. Richard Weisgrau, executive director.

215-451-2767; fax, 215-451-0880.

The national headquarters for the trade association moved from Manhattan

to 14 Washington Road five years ago. Now it has left for an office

in Center City Philadelphia and has a new phone and fax. The ASMP

represents more than 6,000 photographers, and, as a trade group, lobbies

Congress on such issues as copyright protection.

NEC Systems Laboratory Open Systems Technology Center,

4 Independence Way, Princeton 08540. Ken Ogawa, director. 609-734-6000;

fax, 609-734-6001.

The software lab has vacated 8,000 square feet at an NEC-owned building

at 4 Independence Way and moved to 305 Foster Street, Littleton, Massachusetts

01460; 978-742-8000. With six employees it develops software for Unix

and NT products. "We do system integration business, and lots

of the activity is in the Boston area," says Ken Ogawa, the director.

"Two other NEC groups, one for technology and one for systems,

are also in Littleton." Remaining at 4 Independence Way is NEC

USA C&C Research.

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Management Moves

Princeton Executive Search, 2667 Nottingham Way,

Hamilton 08619-4109. Richard L. Tyson, president. 609-584-1100;

fax, 609-584-1141.

The executive search firm merged with Marlton-based Bonifield

Associates, which specializes in staffing in the insurance, banking,

and pharmaceutical industries. Bonifield purchased the Princeton firm

and holds it as a subsidiary. Both companies will keep their names and


Andrew B. Barkocy, the former CEO who started the Princeton Executive

search, will remain with the firm as President Emeritus, working on a

special project basis. The new senior vice president is Sean K.

Sweeney, who is currently the president of the Mid Atlantic

Association of Personnel Consultants. The president and CEO of

Bonifield Associates, Richard L. Tyson, is the new president of both

companies. Tyson, a ChFC, COU, and FLMI, holds a degree from Saint

Francis College.

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Name Changes

CitiFinancial, 510 Route 130, Suite 17, East

Windsor 08520. Jim Hyland, branch manager. 609-371-2373; fax,


CitiFinancial, 3100 Quakerbridge Road, Ames

Plaza E-4, Mercerville 08619. Chris Brinza, branch manager.

609-588-8909; fax, 609-588-6862.

The name of this mortgage company has changed from Commercial Credit

to CitiFinancial. It had been a subsidiary of Travelers Group, which

merged with CitiBank, producing CitiGroup. There are now 1,200

CitiFinancial offices in North America.

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Gone Virtual

The Eurogallery, 37 West Broad Street, Hopewell

08525. Ava E. Rosen. 609-466-0732; fax, 609-466-0313. Home page:

This retail business has gone virtual and is conducting business only

in cyberspace.

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Christina Watlington, 57, on October 7. She worked at

Princeton Biomedix and Ellsworth’s Wine and Liquors.

James E. Ward II, 45, on October 9. He was a manager for

Radio Shack in Rocky Hill and Princeton.

Frank G. Csaszi, 64, on October 10. He was a truck driver

for J. Vinch Construction.

Elizabeth A. Lamb, 69, on October 14. She was a systems

analyst for McGraw Hill Inc. on Princeton-Hightstown Road.

Betty Jane Farrington, 74, on October 14. She had been

a registered nurse at Princeton Hospital, and she and her husband

owned Farrington’s Music stores on Spring Street and Route 33.

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