Core Insights - Truxton has announced the promotion of Buck Patton to Senior Vice President, Wealth Advisor, and Brandt Warner to Vice President, Wealth Advisor [1] Group 1: Promotions and Roles - Buck Patton has been with Truxton since 2018, serving in various roles including Portfolio Analyst and Financial Advisor, and has significantly impacted the firm and its clients [2] - Brandt Warner joined Truxton in 2024 as an Assistant Vice President, Wealth Advisor, and has quickly become a key contributor known for his strategic thinking and technical expertise [3][4] Group 2: Contributions and Impact - Buck Patton has refined processes and led complex client initiatives, earning certifications as a CERTIFIED FINANCIAL PLANNER™ and Certified Private Wealth Advisor [2] - Brandt Warner has improved core processes and has a client-first mindset, enhancing internal operations and building trust among clients [3][4] Group 3: Company Overview - Truxton is a premier provider of wealth, banking, and family office services, founded in 2004 in Nashville, Tennessee, and focuses on customized solutions for complex financial needs [4]

Core Insights - Northern Trust Corporation (NTRS) successfully passed the Federal Reserve's 2025 stress test, maintaining a 2.5% Stress Capital Buffer, indicating a strong capital position and resilience against severe economic downturns [1][3] - Analysts have revised earnings growth estimates for NTRS upward for 2024 and 2025, reflecting optimism about the company's financial performance [2] Financial Performance - The Zacks Consensus Estimate for NTRS's earnings per share (EPS) for 2025 is projected at $8.18, with a year-over-year growth estimate of 6.23% [12] - Over the past three to five years, NTRS's EPS has increased by 3.1%, with a projected growth rate of 6.2% in the near term [8][11] - The company reported a return on equity (ROE) of 13% in the first quarter of 2025, indicating consistent profitability and operational efficiency [16] Dividend and Share Repurchase - Following the stress test, NTRS plans to increase its quarterly dividend by 7% to $0.80 per share starting in Q3 2025, subject to board approval, with a current dividend yield of 2.34% [4] - NTRS has an active share repurchase program, having repurchased $287 million worth of shares in Q1 2025, with $25 million authorized for buybacks [6] Growth Drivers - The company has experienced a compound annual growth rate (CAGR) of 7.8% in total revenues from 2020 to 2024, supported by increases in net interest income (NII) and non-interest income [12][14] - Loan and lease balances grew at a CAGR of 6.7% during the same period, with expectations for a rebound in loan activity as the client base expands [13][14] - The launch of Family Office Solutions in April 2025 aims to attract ultra-high-net-worth clients, enhancing revenue potential [14] Cost Management - Northern Trust is implementing cost optimization measures, including disciplined headcount management and process automation, to enhance productivity and achieve financial objectives [15] - The company has maintained a solid liquidity position, with deposits totaling $52 billion compared to total debt of $12 billion, supporting its financial flexibility [7] Market Performance - Over the past year, NTRS shares have increased by 53.1%, outperforming the industry growth of 28.6% [17] - NTRS currently holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [20]

Core Insights - The financial services sector outperformed expectations in the first half of 2025, driven by modest economic expansion, decent loan demand, higher interest rates, increased market volatility, and ongoing business restructuring initiatives [1][2][8] Sector Performance - The financial services sector gained over 7% in the January-June period, surpassing the S&P 500 Index's 4.9% rise [2] - Higher interest rates, technology investments, loan growth, and market volatility contributed to the sector's strength [8] Technology and Innovation - Increased use of innovative trading platforms and the adoption of artificial intelligence (AI) are expected to enhance profitability for finance firms in the long run, despite initial technology-related expenses [3] Top-Performing Stocks - Five top-performing stocks in the financial services sector include Coinbase Global (COIN), W. R. Berkley Corporation (WRB), Northern Trust (NTRS), Goldman Sachs (GS), and Charles Schwab (SCHW) [4][8] Coinbase Global (COIN) - Coinbase is positioned to benefit from increased crypto market volatility, with 84% of its revenues coming from the U.S. market [9] - The company is investing in infrastructure and platforms like Base to enhance the practical use of crypto [10] - Coinbase ended Q1 2025 with $10.2 billion in USD resources, a 6.7% increase from the end of 2024 [12] W. R. Berkley Corporation (WRB) - WRB has been investing in startups and expanding into international markets, with a 10.2% year-over-year increase in net premiums written in Q1 2025 [15] - The company is experiencing growth across all business lines except for professional liability and workers' compensation [16] Northern Trust (NTRS) - Northern Trust is focusing on organic expansion and has launched Family Office Solutions to attract ultra-high-net-worth clients [20] - The company reported a return on equity (ROE) of 13% in Q1 2025, indicating progress towards sustainable profitability [22] Goldman Sachs (GS) - Goldman Sachs is restructuring to refocus on core strengths, including the transfer of its GM credit card business and the sale of GreenSky [24][25] - The company expects a recovery in investment banking revenues in the second half of 2025 as economic conditions stabilize [26] Charles Schwab (SCHW) - Schwab is benefiting from a high-interest-rate environment, with its net interest margin improving to 2.12% by the end of Q1 2025 [30] - The company has a strong cash position of $35 billion and a total debt of $39.9 billion as of March 31, 2025 [33]

NASHVILLE, Tenn., June 05, 2025 (GLOBE NEWSWIRE) -- Truxton is pleased to announce the promotion of several distinguished members of its team, recognizing their outstanding contributions to the Truxton Banking team’s continued growth and success. Lindsey Heird, Lizzie McKeand, and William Benson have each been promoted to Senior Vice President, Truxton Banking. These veteran bankers have demonstrated exceptional leadership, deep industry expertise, and a continued dedication to the firm’s mission of deliver ...

NEW YORK, May 23, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today announced that the Company's Board of Directors authorized a common stock repurchase program. Under the program, the Company may purchase up to $25.0 million of its Class A common stock, as market conditions warrant. The shares may be repurchased through open market purchases, privately-negotiated transactions, block purchases, one or more 10b5-1 share trading plans, or ot ...

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group (NASDAQ: SAMG) is pleased to announce the appointment of Van Martin as Head of U.S. Consultant Relations. In this role, Mr. Martin will oversee the firm’s initiatives to strengthen its partnerships with new and existing institutional investors, deepen consultant relationships, and expand the growth of Silvercrest’s institutional business in the U.S. Since joining Silvercrest in 2014, Mr. Martin has been instrumental in expanding t ...

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) (the “Company” or “Silvercrest”) today reported the results of its operations for the quarter ended March 31, 2025. Business Update Silvercrest experienced strong new client organic flows of $0.4 billion during the first quarter of 2025. The new assets under management (“AUM”) follow on the significant new client flows of $1.4 billion in the 4th quarter of 2024. Our first quarter’s new client account flows was ...

NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on May 9, 2025, to discuss the company’s financial results for the first quarter ended March 31, 2025. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.Chairman, Chief Executive Officer and President Richard R. Hough III and Chief Financial ...

Core Insights - The company reported a slight improvement in its second quarter results, reflecting some recovery in the Capital Markets industry, although still below 2023 levels [2][3] - The company plans to pursue initiatives to expand its business portfolio while growing its Wealth Management, Commercial Lending, and Capital Markets operations [2][3] Financial Performance - Q2 revenue reached $2,854,000, marking a 53% increase year-over-year [8] - The company reported a net loss of $(1,312,000) or $(0.02) per share for Q2 [8] - Adjusted net loss for Q2 was $(421,000) or $(0.01) per share, with EBITDA at $(690,000) compared to $(441,000) in the same quarter last year [8] Corporate Developments - The company is exploring opportunities to diversify revenue sources through strategic investments in both complementary and non-core sectors [9] - The purchase of subordinate voting shares by the Executive Chairman constitutes a related party transaction but is exempt from shareholder approval due to the fair market value being less than 25% of the company's market capitalization [5]

Northern Trust (NTRS) Q1 2025 Earnings Call April 22, 2025 09:00 AM ET Company Participants Jennifer Childe - Senior VP & Director of Investor RelationsMichael O'grady - Chairman & CEODavid Fox - Chief Financial OfficerSteven Chubak - Managing DirectorBetsy Graseck - Managing DirectorMike Mayo - Managing DirectorEbrahim Poonawala - Managing Director - Head of North American Banks ResearchGerard Cassidy - Managing DirectorDavid Smith - Vice President Equity ResearchAlex Blostein - Managing Director Conferenc ...