Peapack Private Bank & Trust has appointed Paul F. Diamond, CFA, CFP, as a Senior Managing Director and Client Advisor in its wealth division, a strategic move to enhance advisory services for high-net-worth and ultra-high-net-worth clients. Diamond brings over 25 years of financial services experience, with expertise in portfolio management, relationship management, and risk management. His appointment reflects the bank's commitment to strengthening its leadership in wealth management, as detailed in the announcement on https://www.peapackprivate.com/news.
Before joining Peapack Private, Diamond served as an executive director at JP Morgan Private Bank, where he managed client relationships and delivered customized financial solutions. His career includes roles as a senior investment manager at PNC Wealth Management and leadership positions at Adherence Consulting Group, GFI Group, Merrill Lynch, and Deutsche Bank, providing him with a comprehensive understanding of the financial landscape. This background positions him to contribute significantly to the bank's offerings, as highlighted in the corporate profile at https://www.peapackprivate.com/about.
Diamond holds a Bachelor of Science in Accounting from West Virginia University and is a Chartered Financial Analyst (CFA) with memberships in the CFA Institute and the New York Society of Security Analysts (NYSSA). His qualifications are further supported by FINRA Series 7, 55, and 63 licenses and membership in the Global Association of Risk Professionals (GARP), underscoring his commitment to excellence in financial services. These credentials align with Peapack Private's focus on providing high-quality advisory services, as noted in the bank's service descriptions at https://www.peapackprivate.com/services.
Peapack-Gladstone Financial Corporation, the parent company of Peapack Private Bank & Trust, reported total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. The wealth management division is known for offering comprehensive financial, tax, fiduciary, and investment advice to individuals, families, privately held businesses, family offices, and not-for-profit organizations. Diamond's appointment is expected to bolster these services, reinforcing the bank's reputation as a leader in the sector, with more information available in the financial reports at https://www.peapackprivate.com/investor-relations.
