Cambridge Trust Wealth Management, a Division of Eastern Bank, is singularly focused on outstanding client service and deep expertise in financial planning, investment management, trusts and estates, and private banking. Personalized attention to understanding client goals and a breadth of solutions combine to chart a course that builds and protects client wealth. About Eastern Bank Founded in 1818, Eastern Bank is Greater Boston's leading local bank with approximately 110 branch locations serving communiti ...

Core Insights - Whales have adopted a bearish stance on SoFi Technologies, with 53% of trades being bearish and only 35% bullish [1] - The trading volume and open interest indicate a price target range for SoFi Technologies between $1.0 and $47.0 over the last three months [2] - Significant options trades show a mix of bullish and bearish sentiments, with notable put and call trades [7] Trading Activity - A total of 28 trades were detected for SoFi Technologies, with 6 puts totaling $580,710 and 22 calls totaling $1,081,201 [1] - The volume and open interest data provide insights into the liquidity and interest for SoFi's options, particularly within the $1.0 to $47.0 strike price range over the last 30 days [3] Options Snapshot - Recent significant options trades include a bearish put trade with a total price of $338.9K and a bullish call trade with a total price of $229.5K [7] - The current trading volume for SoFi Technologies is 27,172,853, with a price decrease of 2.11%, reaching $27.03 [12] Company Overview - SoFi Technologies, founded in 2011 and based in San Francisco, has expanded from student loan refinancing to a comprehensive range of financial services [8] - The company aims to be a one-stop shop for financial needs, operating through its mobile app and website, and has enhanced its offerings through the acquisition of Galileo in 2020 [8] Market Sentiment - An industry analyst has set an average target price of $28.0 for SoFi Technologies, maintaining a Hold rating [9][10]

Core Insights - Procyon Partners, a US-based registered investment advisory firm, has acquired OLV Investment Group to enhance its presence in the Midwest and South regions [1][2] - The acquisition adds over $500 million in assets under management (AUM), increasing Procyon's total AUM to nearly $9 billion [1][2] - The transaction includes the transition of seven financial advisers and 13 team members from OLV, raising Procyon's workforce to almost 80 employees [2] Company Strategy - The acquisition supports Procyon's strategy to expand its wealth management platform across the US [2][4] - Procyon aims to deliver comprehensive solutions through a team-based, client-first approach, as stated by CEO Phil Fiore [2][3] - The firm plans to extend its services to new regions and clients with evolving financial needs while maintaining a personal touch [3][4] Service Offerings - Procyon provides a range of services including financial planning, investment management, tax strategy, estate planning coordination, and advisory support for business owners [3][4] - For institutional clients, the firm assists with the design and management of retirement and health plans, along with participant education on financial matters [4] - The combined firm will leverage Procyon's operational resources, technology, and centralized support to deliver tailored financial advice [4] Recent Developments - Earlier in July, Procyon expanded in its home market by acquiring Wooster Corthell Wealth Management, which manages approximately $600 million in client assets [5]

Whales with a lot of money to spend have taken a noticeably bullish stance on SoFi Technologies.Looking at options history for SoFi Technologies (NASDAQ:SOFI) we detected 28 trades.If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 35% with bearish.From the overall spotted trades, 4 are puts, for a total amount of $506,881 and 24, calls, for a total amount of $1,409,880.Projected Price TargetsAnalyzing the Volume and Open ...

Core Insights - Citizens Financial Group has expanded its private wealth business in Southern California by adding an $880 million team led by Eric Bradley, previously from Citi Private Alternatives [1][2] - The newly formed Bradley Wealth Partners will focus on next-generation and ultra-high-net-worth clients, continuing to provide services such as financial planning, private banking, and commercial banking [2] - Citizens is actively increasing its private wealth advisor headcount and assets under management, having recently acquired teams from Bank of America and Flagstar Advisors [3][4] Company Expansion Efforts - The firm has made strategic hires to bolster its private bank and wealth divisions, including a recent addition of a team managing $900 million in client assets from Merrill [4][5] - In its first quarter earnings report, Citizens reported a $22 million increase in salaries and employee benefits, reflecting hiring related to the expansion of its Private Bank and Private Wealth divisions [4] - Citizens' wealth division reported $28 billion in assets under management, marking a 21% increase year-over-year [4]

Core Insights - The article discusses the impact of financial advisor fees on long-term investment returns, emphasizing that even a seemingly small fee can significantly erode gains over time [2][3] - It highlights the average financial advisor fee of 1.02% for $1 million in assets under management, noting that fees can vary based on the advisor's experience and the services provided [3][4] - The article also explains different fee structures, including tiered fees that decrease as asset amounts rise, and customized service offerings that may include comprehensive financial planning [5][6] Summary by Category Financial Advisor Fees - A typical annual fee for managing a $2 million portfolio is around 1%, which can cost over $375,000 in lost returns over 10 years if the portfolio earns 7% [2] - The average financial advisor fee is 1.02% for $1 million in assets under management, but this can vary widely among advisors and firms [3] Fee Structures - Advisors may implement tiered fee schedules where the percentage decreases as the asset amount increases, incentivizing firms to help clients grow their assets [5] - Some advisors customize their services and fees based on client needs, offering lower percentage fees for investment management while excluding financial planning [6] Advisor Experience and Services - Advisors with more experience or special certifications may charge higher fees, and the fee percentage can differ based on account size and service mix [4]

The Mather Group (TMG), a wealth management firm serving individuals and families in the US, has announced a wealth management partnership in Northern California with Napa Wealth Management (NWM), a registered investment advisor based in Napa Valley. NWM has just under $300m in assets under management. This partnership strengthens TMG’s presence in Northern California and expands its ability to serve business owners and families with sophisticated planning and advisory requirements in the region. Accord ...

Core Points - Thomasville Bancshares, Inc. declared a cash dividend of $1.45 per share, to be paid on December 12, 2025, with a total annual dividend of $2.70, reflecting a 17% increase from the previous year's dividend of $2.30 [1][2] - The Chairman and CEO, Stephen H. Cheney, emphasized the bank's strong financial performance and the importance of community support in achieving success, noting that over the past 26 years, TNB has returned over $124 million in dividends to local shareholders [2][3] - Thomasville Bancshares, Inc. was founded in 1995 and operates Thomasville National Bank, which has total assets exceeding $1.9 billion and is recognized as a top-performing community bank, ranking 4th nationally in American Banker's Top 200 Community Banks based on average return on shareholders' equity [3] Company Overview - Thomasville National Bank, along with its divisions St. Simons Bank & Trust and Tallahassee National Bank, provides full-service banking and commercial lending across South Georgia and North Florida [3] - The bank's trust and investment division, TNB Financial Services, manages client assets over $5 billion and offers a range of financial services including financial planning and brokerage [3] - The company is headquartered in Thomasville, Georgia, and has over 800 local shareholders, emphasizing its commitment to the community [3]

Core Insights - SoFi has shown significant improvement in its financial performance, with a notable increase in earnings and sales, leading to a positive market reaction [3][4][5] - The company reported an adjusted EPS of 11 cents, exceeding the estimate of 8.5 cents, and more than doubling last year's earnings of 5 cents [3] - Total sales for the quarter reached $950 million, up 38% year-over-year, surpassing estimates of $885 million [3] - Loan originations increased by 53%, fee-based revenues rose by 50%, and student loan originations grew by 58% [4] - The company raised its adjusted EPS guidance for the fiscal year from 32 cents to 37 cents, a 15% increase [5] Financial Metrics - SoFi's adjusted EPS for the fiscal year is now projected at 37 cents, which translates to a valuation of approximately 80 times this year's earnings based on the current stock price of around $31 [6] - The company has experienced a stock price increase of about 97% year-to-date and 16.5% in the current month [13] Business Model and Growth - SoFi has evolved from a niche online loan originator to a comprehensive financial services provider, including traditional banking services, personal loans, credit cards, mortgages, insurance, financial planning, and crypto trading [7][8] - The company has successfully improved its scalability and profitability profile over the last six quarters, contributing to its stock price appreciation [5][9] Market Context - The current market environment is favorable for growth companies like SoFi, which has contributed to its stock performance [10] - Despite the positive trends, there are concerns regarding valuation, with short interest in SoFi still around 9% [10][11]

Core Insights - SoFi Technologies reported third quarter earnings and revenue that exceeded Wall Street expectations, with earnings of 11 cents per share and net adjusted revenue of $961 million, a 38% increase year-over-year [2][3] - The company added a record 905,000 members in the quarter, bringing total membership to 12.6 million [2] - SoFi stock rose 3% to near $31, marking a significant increase of 112% in 2025 [3] Financial Performance - SoFi's earnings before market open showed a profit of 11 cents, surpassing analyst predictions of 8 cents, while revenue was significantly higher than the expected $889 million [2] - The previous year, SoFi reported a profit of 5 cents using GAAP [2] Product Expansion - Initially focused on student loan refinancing, SoFi has diversified its offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning [4] - The company is expanding into new areas, such as providing access to private market funds and launching a co-branded debit card program [4] Business Highlights - SoFi's loan platform business was a standout in Q3, originating loans for both its own book and for partners [5] - The company holds a Composite Rating of 99, indicating strong growth potential [5]