Bringing you live news and features since 2006 

Peapack-Gladstone Financial Corporation to acquire Quadrant Capital Management

RELATED TOPICS​

Peapack-Gladstone Financial Corporation, the parent company of Peapack-Gladstone Bank, is to acquire Quadrant Capital Management, a boutique wealth management firm that offers sophisticated financial planning, investment, tax, retirement and insurance advice and services to its clients.

Quadrant currently has over USD400 million in client assets under management.
 
After up front transaction costs, Peapack-Gladston anticipates that the purchase will be immediately accretive to earnings. The transaction is expected to close in the fourth quarter of 2017.
 
“Quadrant and Peapack-Gladstone Bank are both committed to helping clients manage their wealth, plan for the future, navigate risk and provide for future generations,” says John P Babcock, President of Private Wealth Management at Peapack-Gladstone Bank. “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 organisation.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by