Peapack-Gladstone Financial Corporation Strengthens Wealth Management Division with Key Hire

Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have announced the addition of Greg Allison to their wealth management division as a senior managing director and portfolio manager. Allison's extensive experience in both public and private markets, along with his proficiency in financial analysis, research, trading, and operations, positions him as a valuable asset to the Summit wealth office. This strategic hire comes as the bank continues to expand its wealth management capabilities, with total assets of $7.2 billion and assets under management and/or administration of $12.3 billion as of June 30, 2025.

Allison's career includes significant roles at J.P. Morgan Private Bank in Austin, Texas, where he managed ultra-high-net-worth client relationships, and at Austin Asset, where he led a centralized investment team overseeing assets exceeding $1.3 billion. His previous position as director of portfolio management at RegentAtlantic (Corient) involved managing over 1,500 clients and assets under management exceeding $6 billion, showcasing his capability to handle diverse and complex investment portfolios. This depth of experience is particularly important as wealth management firms face increasing complexity in client needs and regulatory environments.

A graduate of Texas Tech University with a Bachelor of Science in personal financial planning, Allison is a Certified Financial Planner™ Practitioner and holds SEI, Series 7, and 65 licenses. His involvement with the Texas Tech Personal Financial Planning Alumni Association and the Travis County Parks Foundation highlights his commitment to professional and community service. These credentials and community connections enhance his ability to serve clients with comprehensive financial planning needs.

Peapack Private Bank & Trust's focus on providing customized and innovative solutions to individuals, families, and organizations aligns with Allison's expertise in developing and managing world-class investment solutions. The bank's continued expansion of its wealth management division reflects broader industry trends where regional banks are competing more aggressively with larger institutions for high-net-worth clients. For more information about the bank's services, visit https://www.peapackprivate.com. This strategic hire positions Peapack to better serve clients seeking sophisticated wealth management solutions in an increasingly competitive financial landscape.