# Provident Financial Services Provident Financial Services is an Asset Manager based in Lehi, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** Lehi, United States - **Region:** North America - **Address:** Jersey City, NJ, United States - **Founded:** 1839 - **Assets under management:** Undisclosed - **Website:** provident.bank ## About PROVIDENT FINANCIAL SERVICES INC is an SEC-registered investment adviser in LEHI, UT, registered since 2025. The firm manages approximately $158 million in regulatory assets. It has 3 employees and 3 investment advisers. ## Sectors - Financial Services ## People - Anthony J. Labozzetta — President and CEO ## Questions ### Who runs Provident Financial Services? Anthony J. Labozzetta serves as President and CEO, having succeeded former CEO Christopher Martin in 2020. Labozzetta previously served as Chief Operating Officer of the bank, giving him deep operational familiarity with the institution's commercial lending and branch network. ### How does Provident Financial Services make money? Provident generates revenue primarily through net interest income from its loan portfolio — which is heavily weighted toward commercial real estate and commercial/industrial lending — and non-interest income from deposit service charges, wealth management fees through Beacon Trust, and insurance commissions via Provident Protection Plus. The deposit franchise across northern New Jersey provides a low-cost funding base. ### What is Beacon Trust? Beacon Trust Company is a wholly-owned subsidiary of Provident Bank that provides trust administration, investment management, estate settlement, and tax preparation services. It extends Provident's relationship depth with high-net-worth clients in its footprint, complementing the commercial banking business with fee-based fiduciary revenue. ### Where does Provident Financial Services operate? Provident's branch network is concentrated in northern and central New Jersey, with additional presence in eastern Pennsylvania (Lehigh Valley and Bucks County) and Queens County, New York. The Lakeland merger expanded its Pennsylvania footprint into additional markets previously served by Lakeland Bank. ### Is Provident a public company? Yes. Provident Financial Services trades on the New York Stock Exchange under the ticker 'PFS'. The company is a public bank holding company, though its banking subsidiary originated as a mutual savings bank chartered in 1839, and the institution retains elements of that long-duration relationship-banking culture. ### What is the significance of 1839 in Provident's history? 1839 marks the founding year of Provident Institution for Savings in Jersey City, making it the oldest chartered savings bank in New Jersey. The institution was originally formed as a mutual organization to serve the savings and home-financing needs of the local community, a legacy that informs its continued focus on residential and commercial real estate lending today. ## Related profiles - [Interparfums](https://altss.com/profile/interparfums-inc) - [Fortuna Mining Corp.](https://altss.com/profile/fortuna-mining-corp) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/provident-financial-services-inc Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology