Provident Bank’s Beacon Trust Adds Four Advisors to Strengthen $4 B Wealth Business
Provident Bank’s Beacon Trust subsidiary hired four senior wealth management professionals — Jason Apuzzio, Samantha Booth, Marc Oceanak, and Louis Russo — to bolster advisory services and business development. Beacon Trust oversees $4 billion in assets under administration as Provident Bank targets expansion of high-net-worth client relationships.
1. Beacon Trust Appoints Four Wealth Advisors
Beacon Trust hired Jason Apuzzio as Senior Vice President, Samantha Booth as Assistant Vice President, Marc Oceanak as Wealth Management Relationship Manager and Louis Russo as Wealth Management Business Development Officer to strengthen its full-service advisory team.
2. Expanded Advisory and Development Capabilities
The additions bring deep experience in investment management, tax-efficient portfolio construction, trust and estate planning, and professional referral development to enhance customized wealth strategies for high-net-worth clients.
3. Asset Base and Growth Strategy
Beacon Trust manages $4 billion in assets under administration within Provident Bank’s $24.98 billion asset base, underpinning the bank’s strategy to scale private wealth services and boost recurring fee income.