-
State Bank Financial in Atlanta has acquired Boyett Agency to serve as the foundation for a new insurance division.
March 2 -
Riverview Financial in Halifax, Pa., has received state regulators' approval to buy Citizens National Bank of Meyersdale in Pennsylvania for $8 million in cash and stock.
February 17 -
Amid heartbreaking tales told by distressed homeowners and reverse mortgage holders, many community groups praised OneWest CEO Joseph Otting for spending time speaking to them and hearing their communities' concerns.
February 26
Peapack-Gladstone Financial in Bedminster, N.J., has agreed to buy Wealth Management Consultants in Morristown, N.J.
The $2.7 billion-asset Peapack-Gladstone did not disclose any financial terms for the acquisition. The company said it will incorporate the firm into its private wealth management business.
Wealth Management Consultants specializes in providing financial services to ultra-high-net-worth individuals, including estate and income tax planning, compensation and benefit planning and investment advisory services. The firm's clients control more than $2 billion of assets.
The seller's relationship with Callan Associates in San Francisco helped make the acquisition attractive, John Babcock, president of private wealth management at Peapack-Gladstone Bank, said in the release.
Peapack-Gladstone's wealth management division has about $3 billion in assets under management and administration.
