Peapack Private Wealth Management Hires Team from Noyes Capital Management

Bedminster, NJ – (NewMediaWire) – December 14, 2020 – Peapack-Gladstone
Financial Corporation (NASDAQ Global Select Market: PGC), and Peapack Private
Wealth Management are proud to announce that Scott P. Noyes and Leigh Anderson,
from Noyes Capital Management, LLC, a New Vernon, NJ wealth management firm, have
joined the organization.

“We continue to prioritize
building out a robust wealth management team to support clients and grow our
business,” said John P. Babcock, President of Peapack Private.  “Scott and
Leigh are joining the firm at the perfect time.  As with other wealth
advisors that have joined us, their focus is on the client and doing the right
thing, so I expect their transition to Peapack Private to be seamless.”

Scott Noyes, CFA® CFP®, a
resident of New Vernon, has over 30 years of experience in the securities
industry. He spent twenty years at Aubrey G. Lanston & Co., a primary
dealer of U.S. Treasury securities, where he started as a financial advisor and
was ultimately promoted to become the President of the firm.  During his
twenty years with Lanston, Scott worked extensively with the firm’s
high-net-worth clients, hedge funds, money managers, pension funds and banks.

In 2003 Scott established Noyes
Capital Management, LLC with the goal of providing wealth management services
for affluent individuals and families. With particular strength in investments
and portfolio design, Scott is a Chartered Financial Analyst® and a CERTIFIED
FINANCIAL PLANNER™ professional.  These credentials and several more were
earned over thirty years in the investment industry.

Scott received his M.B.A. from
the University of Chicago and his undergraduate degree from Knox College where
he majored in Economics and minored in Mathematics.  He was previously a
member of the Chicago Board of Trade and Chicago Mercantile Exchange.  He
is currently a member of numerous industry associations including the National
Association of Personal Financial Advisors (NAPFA), The Financial Planning
Association (FPA), and The CFA Institute.

Joining Scott is Leigh
Anderson.  Leigh has over 20 years’ experience in financial services,
accounting, marketing and operations.  She joined Noyes in 2005 and was
responsible for managing the office and assisting in client reporting,
financial planning, compliance, mutual fund research, special client projects
and overall confidential maintenance of client information, correspondence and
other records.

Before joining Noyes, Leigh
worked at Day Pitney LLP where she was a Fiduciary Accountant, specializing in
trust and estate planning and administration. Previous to that, Leigh was with
Merrill Lynch where she held positions in marketing and operations supporting
high-net-worth clients.  Leigh also worked in philanthropic financial
services, assisting clients with the establishment of charitable trusts. 
Leigh received her B.A. from Lehigh University, where she majored in Economics.

“Leigh and I are excited to join
Peapack Private and to begin exposing clients to an enhanced range of
capabilities,” noted Scott. “We know we are joining a first-class financial
institution that shares our goal of delivering personalized financial planning,
prudent investment management and the same dedication to great client service
that we have always had.”

About
the Company

Peapack-Gladstone Financial Corporation is a New Jersey
bank holding company with total assets of $6.0 billion and assets under
management and/or administration of $7.6 billion as of September 30,
2020.  Founded in 1921, Peapack-Gladstone Bank is a commercial bank that
provides innovative wealth management, commercial and retail solutions,
including residential lending and online platforms, to businesses and
consumers.  Peapack Private, the Bank’s wealth management division, offers
comprehensive financial, tax, fiduciary and investment advice and solutions, to
individuals, families, privately held businesses, family offices and
not-for-profit organizations, which help them to establish, maintain and expand
their legacy.  Together, Peapack-Gladstone Bank and Peapack Private offer
an unparalleled commitment to client service.  Visit www.pgbank.com and www.peapackprivate.com for
more information.

Contact:  Denise M.
Pace-Sanders, Senior Vice President Brand and Marketing Director,
dpace@pgbank.com, 908.470.3322, Peapack-Gladstone Bank, 500 Hills Drive, Suite
300, Bedminster, NJ 07921.