Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have appointed Robert Melle as Senior Managing Director and Senior Financial Advisor with the wealth management division. Based at the firm's Park Avenue office in New York City, Melle joins a growing team focused on expanding the bank's wealth management presence in Manhattan. This strategic hiring represents Peapack Private's intensified focus on capturing market share in one of the world's most competitive financial centers.
Melle brings over 25 years of financial industry experience to Peapack Private, having most recently served as Vice President and Financial Consultant at Charles Schwab. During his tenure there, he delivered comprehensive wealth management services to ultra-high- and high-net-worth clients. His career includes distinguished positions at Chase Investment Services Corporation and Citicorp Investment Services, all based in New York. This extensive background positions him to navigate the complex needs of Manhattan's affluent clientele effectively.
The appointment represents a significant strategic move for Peapack Private as it seeks to strengthen its position in Manhattan's competitive wealth management landscape. Melle's track record includes overseeing asset management exceeding $1.2 billion, with advisory fee assets totaling more than $220 million. His consistent ranking in the top 25% of regional financial consultants and multiple achievement awards demonstrate his proven capability in serving high-net-worth clients. This level of expertise is crucial for Peapack Private's expansion ambitions in a market dominated by established financial giants.
Melle's expertise spans wealth planning, asset allocation, investment strategy, and financial advisory services. He is highly skilled in relationship management, negotiation, risk mitigation, and strategic process alignment. His credentials include a bachelor's degree in business management from Adelphi University, Certified Wealth Strategist designation, Chartered Retirement Planning Counselor certification, and current enrollment in the Certified Financial Planner program at Kaplan Financial Institution. These qualifications align with Peapack Private's commitment to maintaining high professional standards while expanding its service offerings.
Peapack Private Bank & Trust, with total assets of $7.2 billion and assets under management and administration of $12.3 billion as of June 30, 2025, offers comprehensive financial services through its website at https://www.peapackprivate.com. The bank provides wealth management, investment banking, and commercial banking solutions with a client-centric approach. Founded in 1921, the institution has built its reputation on customized services for individuals, families, privately held businesses, family offices, and not-for-profit organizations. The addition of Melle to the wealth management team signals the bank's commitment to expanding its Manhattan operations and competing effectively in the New York financial services market.
Melle's extensive experience managing substantial client assets and his proven track record in financial consulting position him to contribute significantly to the bank's growth strategy in the region. His appointment comes at a time when wealth management firms are increasingly competing for top talent to serve the growing population of high-net-worth individuals in Manhattan. The move demonstrates Peapack Private's understanding that experienced leadership is essential for successful market penetration and long-term client relationship building in sophisticated financial environments.
