Provident Financial (PFS) elevates Annamaria Vitelli to lead wealth business
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Provident Financial Services, Inc., parent of Provident Bank, has appointed Annamaria Vitelli as Executive Vice President and Chief Wealth Officer of Provident Bank and designated her as an Executive Officer and Regulation O officer. She will also serve as President of Beacon Trust and join the bank’s Executive Leadership Team.
Vitelli will lead the strategic direction and growth of the wealth management business, including investment management, trust and fiduciary services, and will work across lines of business to deliver integrated financial solutions. Beacon Trust and its affiliate have approximately $4 billion in assets under administration, and Provident Financial Services, Inc. reported assets of $25.20 billion as of March 31, 2026.
Positive
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Negative
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Assets under administration: $4 billion
Total assets: $25.20 billion
Branch network: more than 140 branches
+2 more
5 metrics
Assets under administration
$4 billion
Beacon Trust and Beacon Investment Advisory Services, Inc.
Total assets
$25.20 billion
Provident Financial Services, Inc. as of March 31, 2026
Branch network
more than 140 branches
Provident Bank locations across NJ, NY and PA
Executive role effective date
June 4, 2026
Effective immediately per news release dated June 4, 2026
Experience length
more than two decades
Vitelli’s experience in wealth management and related fields
Key Terms
Regulation O officer, Executive Vice President, assets under administration, wealth management, +1 more
5 terms
Regulation O officer regulatory
"designated Ms. Vitelli as an “Executive Officer” and Regulation O Officer of the Bank"
Executive Vice President financial
"appointed Annamaria Vitelli as Executive Vice President and Chief Wealth Officer of the Bank"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
assets under administration financial
"has approximately $4 billion in assets under administration and decades of proven success"
Assets under administration (AUA) is the total market value of clients’ investments and accounts that a financial firm oversees for recordkeeping, reporting, and transaction processing without necessarily deciding how the money is invested. Think of it like a warehouse that stores and tracks other people’s goods: bigger AUA shows a firm’s scale, steady fee potential and client trust, so changes can signal growing business or client withdrawals that matter to investors.
wealth management financial
"lead the strategic direction and growth of Provident Bank’s wealth management business"
Wealth management is a professional service that helps people organize, grow and protect their money by combining investment advice with tax planning, retirement preparation and long-range financial planning into a single, ongoing strategy. Think of it as a personal financial coach and project manager who coordinates specialists and choices to meet life goals. For investors, it matters because it aligns investments with objectives, manages risk and seeks better after-tax outcomes over time.
high-net-worth and ultra-high-net-worth financial
"serving high-net-worth and ultra- high-net-worth individuals, families, and institutions"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 1, 2026
(Exact Name of Registrant as Specified in its Charter)
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(Address of Principal Executive Offices) | (Zip Code) | |||||||||||||
Registrant's telephone number, including area code | ||||||||||||||
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol Symbol(s) | Name of each exchange on which registered | ||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
CFR 240.14d-2(b))
CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
The Boards of Directors of Provident Financial Services, Inc. and of Provident Bank (the “Bank”) appointed Annamaria Vitelli as Executive Vice President and Chief Wealth Officer of the Bank and designated Ms. Vitelli as an “Executive Officer” and Regulation O Officer of the Bank.
A copy of the press release announcing the appointment is included as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(a) Financial Statements of Businesses Acquired. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Shell Company Transactions. Not applicable.
(d) Exhibits.
Exhibit No. Description
99.1 Press release announcing the appointment of Annamaria Vitelli as EVP & Chief Wealth Officer of Provident Bank and Executive Officer of Provident Financial Services, Inc.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
PROVIDENT FINANCIAL SERVICES, INC. | ||||||||||||||
DATE: | June 4, 2026 | By:/s/ Bennett MacDougall | ||||||||||||
| Bennett MacDougall | ||||||||||||||
| EVP, General Counsel & Corporate Secretary | ||||||||||||||
NEWS RELEASE Provident Bank Names Annamaria Vitelli EVP, Chief Wealth Officer and President of Beacon Trust Seasoned Wealth Management Executive to Lead Strategic Growth of Provident Bank’s Wealth Management Business ISELIN, NEW JERSEY (June 4, 2026) – Provident Bank, a leading New Jersey-based financial institution, announced today the appointment of Annamaria Vitelli to Executive Vice President, Chief Wealth Officer of Provident Bank and President of Beacon Trust, effective immediately. In her new role, Ms. Vitelli will lead the strategic direction and growth of Provident Bank’s wealth management business, including investment management, trust, and fiduciary services. In addition, she will partner across business lines to advance an integrated sales model and collaborate closely with the leaders of Provident Bank and Provident Protection Plus to deliver comprehensive financial solutions and an exceptional customer experience. Ms. Vitelli will also focus on expanding and retaining Beacon Trust’s customer base, developing innovative wealth management products and services, and attracting, developing, and retaining top talent to support long-term growth. Ms. Vitelli will report directly to Anthony Labozzetta, President and Chief Executive Officer of Provident Bank, and will serve as a member of the bank’s Executive Leadership Team. “Since joining Beacon Trust last year, Anna has made a significant impact on our organization through her vision, leadership, and unwavering commitment to delivering exceptional customer outcomes,” said Mr. Labozzetta. “She brings extensive experience in wealth management, a proven ability to drive strategic growth, and a collaborative leadership style that aligns perfectly with our culture. As we continue to expand our wealth management capabilities and strengthen our integrated approach to serving customers, Anna is exceptionally well-positioned to lead Beacon Trust and help shape the future of this important business.” Ms. Vitelli joined Beacon Trust in September 2025 as Executive Vice President and Chief Growth Officer. In that role, she was responsible for driving growth and retention strategies, leading business development and wealth advisory teams, and helping expand the firm's market presence and client relationships. With more than two decades of experience in wealth management, private banking, trust, and estate planning, Ms. Vitelli has built a distinguished career serving high-net-worth and ultra-
high-net-worth individuals, families, and institutions. Prior to joining Beacon Trust, she served as Executive Vice President and Head of Hawthorn at PNC Private Bank, where she led the ultra- high-net-worth business segment and oversaw a team of more than 200 professionals. Earlier in her career, she held senior leadership positions in wealth strategy and customer experience at PNC and served in senior wealth management and trust roles at Vanguard and The Private Family Office. She also practiced as an estates and tax attorney. “I am honored to assume this role and grateful for the confidence Tony and the Board have placed in me,” said Ms. Vitelli. “Beacon Trust has a strong reputation for delivering personalized advice, an exceptional experience, and long-term value to customers. I look forward to working with our talented teams across Provident Bank and Provident Protection Plus to build upon our momentum, deepen customer relationships, and accelerate growth across our wealth management business.” Ms. Vitelli holds a J.D. and an LL.M. in Taxation, both earned cum laude from Temple University’s Beasley School of Law. ### About Beacon Trust Based in Morristown, New Jersey, Beacon Trust is a full-service wealth management firm, which together with Beacon Investment Advisory Services, Inc., has approximately $4 billion in assets under administration and decades of proven success, superior solutions and exceptional client service. The firm focuses on helping its clients attain, preserve and expand their assets through customized wealth management planning. Beacon Trust Company is a wholly owned subsidiary of Provident Bank which, in turn, is a subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $25.20 billion as of March 31, 2026. About Provident Bank Founded in Jersey City in 1839, Provident Bank is the oldest community-focused financial institution based in New Jersey and is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS). With assets of $25.20 billion as of March 31, 2026, Provident Bank offers a wide range of customized financial solutions for businesses and consumers with an exceptional customer experience delivered through its convenient network of more than 140 branches across New Jersey and parts of New York and Pennsylvania, via mobile and online banking, and from its customer contact center. The bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company, and insurance services through its wholly owned subsidiary, Provident Protection Plus, Inc. To learn more about Provident Bank, go to www.provident.bank or call our customer contact center at 800.448.7768. Media Contact: Keith Buscio Director of Public Relations & Communications Keith.Buscio@provident.bank
FAQ
What did Provident Financial Services (PFS) announce in this 8-K filing?
Provident Financial Services announced the appointment of Annamaria Vitelli as Executive Vice President and Chief Wealth Officer of Provident Bank and President of Beacon Trust. She is also designated an Executive Officer and Regulation O officer, joining the bank’s Executive Leadership Team to lead wealth management growth.
What is Annamaria Vitelli’s new role at Provident Bank and Beacon Trust?
Annamaria Vitelli becomes Executive Vice President, Chief Wealth Officer of Provident Bank and President of Beacon Trust. She will oversee investment management, trust and fiduciary services, drive growth and retention, and collaborate across business lines to deliver integrated wealth solutions and enhance customer experience.
How much business does Beacon Trust manage for Provident Financial Services (PFS)?
Beacon Trust and its affiliate manage approximately $4 billion in assets under administration. This wealth management platform focuses on customized planning and solutions for clients, supporting Provident Financial Services’ broader strategy to grow fee-based businesses alongside its traditional community banking operations and services.
What is the size of Provident Financial Services (PFS) as of March 31, 2026?
Provident Financial Services reported assets of $25.20 billion as of March 31, 2026. Through Provident Bank it operates more than 140 branches across New Jersey, New York, and Pennsylvania, offering banking, wealth management via Beacon Trust, and insurance through Provident Protection Plus.
To whom will Annamaria Vitelli report in her new position at Provident Bank?
In her new role, Annamaria Vitelli will report directly to Anthony Labozzetta, President and Chief Executive Officer of Provident Bank. She will also serve on the Executive Leadership Team, helping shape strategy for wealth management and integrated customer solutions across Provident’s business units.
What experience does Annamaria Vitelli bring to Provident Financial Services (PFS)?
Annamaria Vitelli brings more than two decades of experience in wealth management, private banking, trust, and estate planning. She previously led the ultra-high-net-worth Hawthorn segment at PNC Private Bank and has held senior roles at Vanguard, The Private Family Office, and practiced as an estates and tax attorney.