Sax buys Pennington firm, tops $1B ‘AUM’ mark

Sax Wealth Advisors has acquired Pennington’s GM Financial Group LLC. The addition of group’s approximately $140 million in assets under management brings Sax Wealth Advisors’ AUM to more than $1 billion. “Finding a firm that shares...

Spencer Savings Bank donates $30K to those affected by Marcal plant fire

Spencer Savings Bank announced recently it has made a $30,000 donation to help those who have been affected by the Marcal plant fire. The historic Elmwood Park-based plant was destroyed in a fire in January. “We...

Princeton to name new residential college after Mellody Hobson, class of 1991, after generous...

In recognition of a substantial gift from Mellody Hobson and the Hobson/Lucas Family Foundation, Princeton University announced Thursday that it will build Hobson College, a new residential college at the school — and the...

Latest GOP tax plan is mixed bag for N.J., experts say

President Donald Trump and Republican leaders this week unveiled a framework to overhaul federal taxes in a way that New Jersey tax experts expect will get mixed reviews from local clients. The initial plan driving...

Pru names award-winning exec Susan Somersille Johnson its new chief marketing officer

Prudential Financial Inc. announced this week that it has named a new chief marketing officer, leading the financial services firm’s global marketing and brand strategy to help drive profitable growth for it. Susan Somersille Johnson...

Peapack-Gladstone senior VP takes on new role

A senior-level change is happening at Bedminster-based Peapack-Gladstone Financial Corp.’s subsidiary for equipment finance and leasing, Peapack Capital. Last week, Peapack Capital announces Senior Vice President David Santom would become responsible for all aspects of...

Veteran-owned companies said EDA grants will have big impact

Brett D’Alessandro and Alexa Modero were thrilled that veteran-owned businesses and nonprofits were eligible for phase 2 of the New Jersey Economic Development Authority’s Small Business Emergency Assistance Grant Program. Modero applied Tuesday morning without...

Only structural reforms — not new taxes — will save N.J. from financial crisis

The testimony on the fiscal 2020 state budget from Treasurer Elizabeth Maher Muoio to the Legislature recently was troubling, at best, and served to validate the immediate need for structural reforms versus increased taxes...

WIA continues acquisitions, adding Trenton insurance agency, Kansas group

World Insurance Associates, the Tinton Falls-based insurance agency, has made a pair of acquisitions, it announced this week. The deals follow on the heels of another transaction, in which the agency added Walker Agency Inc....

Up to $30K in rent is available for small businesses in Essex, Ocean, Passaic

Small businesses in Essex, Ocean and Passaic counties are eligible for up to $30,000 in commercial rent assistance, thanks to Phase 2 of the Small Business Lease Emergency Assistance Grant Program, it was announced...

Latest Articles

What is ‘family office’ … and does your high net worth family need one?

Every family business reaches a point where the business has become so all-consuming that the leaders have little time to spend on their own...

E-commerce fuels industrial real estate market in Q3, CBRE report finds

Industrial real estate remained a booming sector despite the COVID-19 pandemic, according to the latest Northeast U.S. Logistics Marketview Snapshot from real estate firm...

Auto parts business expands rapidly in Pennsauken, subleasing 140K sq. ft. from subscription box...

Two companies undergoing rapid growth have struck a subleasing agreement at a Pennsauken industrial facility, according to real estate firm Colliers International. Misfits Market, a...

Developer says luxury apartments in Raritan to begin leasing this winter

A luxury rental community in Raritan is near completion, with leasing slated to launch this winter, according to developer Accurate Builders & Developers. The firm...

30 influential business, nonprofit, elected officials express support for Horizon’s bid to become not-for-profit...

Horizon Blue Cross Blue Shield of New Jersey’s effort to change its corporate structure to a not-for-profit mutual got a big boost Wednesday when...