The portfolio company, which has expanded 700% since the growth equity investment firm's initial financing in 2013, will become Verritone's marquee offering for human capital management.

“Ensuring that kids and young adults have the digital tools, access and opportunity is vital for us to take Camden to the next level. Both of the programs being funded... provide these critical initiatives which will have long-term impacts for many years to come for kids in the city,” said Camden County Commissioner Director Louis Cappelli Jr.

According to the Newark-based seller, the sector comprises more than 4,300 workplace savings plans, through which approximately 4 million plan participants have saved $314 billion in assets as of March 31. It has 1,800-plus employees who provide record keeping and administration services to financial professionals, plan sponsors and participants.

Based on financials as of March 31, upon completion of the transaction the combined company will have approximately $4 billion in assets, $3 billion in gross loans, $3.1 billion in deposits and 26 branches throughout New Jersey.

Joining the Tinton Falls-based company offers independent McCue Captains Agency opportunities to expand its national presence, while continuing to serve current and future clients.

According to a new study from financial technology company SmartAsset, 48,200 taxpayers from the No. 1 spot - located in Central Jersey - were on the hook for an average of $8,689.

The European private equity secondaries manager will further enhance Prudential Financial's investment management business's existing $253 billion alternatives platform.

With more than 14 years of banking experience, Jose Gil has will oversee the financial institution's Rutherford branch where he will develop new business with an emphasis on strengthening the location’s consumer and commercial associations.

Among its initial areas of focus will be cybersecurity; high-frequency automated markets; technology risk and regulation; commercialization; and applications of blockchain, quantum computing, natural language processing, artificial intelligence and machine learning.

Marco Sardeira is based in the financial institution's West Orange office and is responsible for managing a team of relationship managers who work with small to mid-sized companies in North Jersey to grow the bank’s commercial loan portfolio by offering deposit and lending solutions.

The combined organization will have approximately $9.6 billion in assets, making it the fifth-largest bank headquartered in New Jersey.

Since its founding in 2012, the Tinton Falls-based brokerage has completed 106 acquisitions, serving customers from more than 137 offices nationwide.