New Jersey-based Peapack-Gladstone Financial, the parent of Peapack-Gladstone Bank, has agreed to acquire Quadrant Capital Management, a local wealth management firm with over $400m in assets.

The deal, whose terms were not disclosed, is expected to be completed by the final quarter of 2017.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Quadrant, founded by Jeff Fisher and Jim Kearney in 2001, offers financial planning, investment, tax, retirement and insurance services.

“This combination enhances Quadrant’s ability to meet client needs through access to trust and banking services, while assuring our clients of long term continuity in the management of their financial affairs,” Fisher and Kearney stated.

Peapack-Gladstone Bank president of private wealth management John Babcock said: “Quadrant has a high-quality team of professionals with a deep understanding of the investment management and financial planning processes. Fundamentally our philosophies are the same, and we are excited to be able to attract this team of professionals to be part of the Peapack-Gladstone Bank’s growing wealth management organization.”