TSG Invest Opens Private Wealth Office in Old Bridge, NJ

TSG Invest has opened a private wealth office in Old Bridge, bringing pre-IPO investment access and estate planning services to Middlesex County clients for the first time.

The Long Island-based firm, which already runs offices in Hauppauge, New York, and Jersey City, says the Old Bridge location is its third and signals a deliberate push into Central Jersey’s high-net-worth market. The practice targets accredited investors and wealthy families across New Jersey and the broader tri-state area, combining retirement income planning, estate and legacy work, and access to private market deals that most retail clients never see.

Two hires anchor the expansion. Patrick French joins as vice president of wealth management, carrying more than 35 years of experience in retirement income strategy, tax-aware distribution planning, and multigenerational wealth transfer. Patrick Shin, Esq., comes on as director of estate planning, with more than 30 years working in trusts and estates law, focused on complex estate structures, asset protection, and legacy planning for families and business owners. Two Patricks. One office. A pitch that the firm has been quietly building toward for years.

Drew Spaventa, founder and chief executive officer of TSG Invest, said the Old Bridge opening reflects the firm’s core argument against a false choice in wealth management.

“Most accredited investors are told they have to choose between a traditional wealth manager and a private markets specialist,” Spaventa said. “Our whole thesis is that they shouldn’t have to.”

That thesis runs through everything TSG has built, including its proprietary Venture 50 Index and its pre-IPO fund offerings, tools that give clients exposure to late-stage private companies before those shares hit public markets. Getting into pre-IPO deals has traditionally meant knowing the right people on the right coast, or running money through a full-scale family office. TSG’s pitch, detailed in ROI-NJ’s coverage of the launch, is that it delivers a family office model at a price point that doesn’t require nine figures in assets.

Worth watching here is the regulatory structure. Clients working with the Old Bridge team can access services through two separate entities: TSG Alpha Partners LLC, which is SEC-registered as an investment adviser, and TSG Capital Advisors LLC, a broker-dealer that carries both FINRA and SIPC membership. That dual-track setup matters for clients who want both investment advice and brokerage execution under one relationship.

Old Bridge isn’t an accident as a location. Middlesex County holds some of the densest concentrations of professional wealth in the state, a product of decades of pharma money from New Brunswick corridor employers, finance commuters, and a large South Asian business-owner community that has built significant family wealth and doesn’t always get the attention from Manhattan-facing firms that it deserves. Central Jersey has never had a shortage of accredited investors. It has had a shortage of firms willing to serve them locally rather than asking them to drive to the Hudson waterfront.

Spaventa framed the Old Bridge office as the practical expression of what the firm means by a modern family office.

“Bringing Pat French and Pat Shin onto the team, and opening the Old Bridge office to serve them, lets us deliver the private market access our clients come to us for alongside the retirement and estate planning they actually need,” he said. “All under one roof. This is what the modern family office looks like.”

For families navigating estate complexity or business owners thinking about succession, having Shin’s trusts-and-estates depth in the same office as French’s retirement distribution expertise is a real differentiator. That combination doesn’t show up often outside of fee-only family offices that charge accordingly.

Clients can meet with advisors in person at the Old Bridge location now. Whether TSG’s integrated model can hold its shape as the practice scales across New Jersey, and whether it can actually convert Middlesex County’s professional class into private-market clients, will become clear as the firm builds its book. For now, FINRA’s BrokerCheck database gives clients a starting point to verify credentials before any first meeting.