Peapack Private Bank & Trust has significantly expanded its presence in New York City with the opening of its flagship Financial Center at 300 Park Avenue. This move positions the bank as a personalized alternative to larger financial institutions, offering a bespoke banking experience in a 6,000 square foot first-floor facility. The new location enhances the bank's existing 13th-floor office space, which has been operational since 2023 and hosts over 100 private bankers and relationship managers dedicated to providing tailored commercial and private banking solutions.
With a history that stretches back to 1921, Peapack-Gladstone Financial Corporation leverages over a century of banking expertise in its New York City expansion. The institution reported total assets of $7.0 billion and assets under management and/or administration of $11.9 billion as of December 31, 2024. The Financial Center embodies a strategic blend of advanced technology and a client-centric approach, aiming to stand out in New York's competitive financial landscape by prioritizing personalized service and meticulous attention to detail.
The center offers a wide range of services, including wealth management, investment banking, commercial banking, and personal banking solutions. Its wealth management division provides specialized financial advice catering to individuals, families, privately held businesses, family offices, and non-profit organizations. This expansion reflects Peapack Private Bank & Trust's dedication to growth and its mission to assist clients in building, preserving, and expanding their financial legacies through innovative and customized banking services. For more information, visit https://www.peapackprivate.com.
