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Peapack-Gladstone Financial closes deal for NJ investment adviser

Bedminster, N.J.-based Peapack-Gladstone Financial Corp. has completed the acquisition of Summit, N.J.-based Point View Wealth Management Inc., effective Sept. 1.

Point View Wealth Management Founder David Dietze will remain president and chief investment strategist, and Claire Toth will continue as vice president and COO. The entire Point View team will join the bank's wealth management division, Peapack Private.

Park Sutton Advisors LLC served as exclusive financial adviser to Peapack-Gladstone Bank on this transaction.