Provident: Now's a Good Time for Wealth Growth

Provident Financial Services Inc. of Madison, N.J., plans to double its wealth management assets under advisement over the next three years, to $600 million, by targeting wealthy customers as many small and midsize banking companies divest similar businesses.

James Nesci, the banking company's chief wealth management officer, said in an interview last week that it plans to increase its marketing through print and other channels, as well as to hire "seasoned" wealth advisers.