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Robertson Stephens Named Amongst USA Today’s Best Financial Advisory Firms for Third Consecutive Year

Robertson Stephens

Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), a national boutique wealth management firm that manages more than $7 billion in client assets, has been named as one of USA Today’s Best Financial Advisory Firms in 2025. This is the third year in a row Robertson Stephens has been selected as a leading financial advisory firm. “We’re honored yet again to be recognized by USA Today as one of the Best Financial Advisory Firms,” said Raj Bhattacharyya, Chief Executive Officer of Robertson Stephens. “This acknowledgment speaks to our unwavering focus on delivering thoughtful, customized wealth strategies with consistency and personalized care. In an environment marked by uncertainty, partnering with a trusted registered investment advisor has never been more important. The team at Robertson Stephens remains deeply committed to helping our clients gain clarity and confidence in their financial futures by delivering strategies tailored to their goals and priorities.” While all U.S. firms were eligible, only 500 scored high enough to earn a spot in the final ranking. Robertson Stephens is excited to be ranked in the top 20 firms nationwide and in the top 5 in its assets under management subcategory. USA Today and Statista’s Best Financial Advisory Firms 2025 list recognizes the top registered investment advisory (RIA) firms in the U.S. based on two key criteria: recommendations from clients, financial advisors, and industry experts, and growth in assets under management (AUM) over both the short term (12 months) and long term (5 years). More than 30,000 individuals participated in an independent survey to identify exceptional firms. The ranking was developed in collaboration with Statista, a leading provider of market and consumer data. Earlier this year, Robertson Stephens launched a family office designed to serve select ultra-high-net-worth clients who have outgrown a multi-family office platform but are not yet ready for a single-family office environment. This move further demonstrates the firm’s commitment to adapting to the evolving needs of its clients. In 2024, Robertson Stephens ended the year with $7.1 billion in advisory assets under management, reflecting 45% growth over the previous 12 months and over 40% growth over the previous 5 years. For more information about the USA TODAY Ranking and the full list of 2025 firms, please visit https://www.usatoday.com/story/money/2025/04/22/top-financial-adviser-firms/78030977007/. Robertson Stephens has not provided any compensation to secure or utilize this third-party ranking. About Robertson Stephens Robertson Stephens Wealth Management, LLC is an independent SEC-registered investment advisor. Registration does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Its mission is to transform the wealth management experience by delivering institutional-quality investment solutions, comprehensive wealth planning, and intelligent digital solutions, all within a fiduciary relationship where the client is our highest priority. Robertson Stephens AUM is as of December 2024. For more information about Robertson Stephens, please visit: https://www.rscapital.com. Contact Details Peter Page ppage@vocatusllc.com Company Website https://rscapital.com/

April 24, 2025 11:00 AM Eastern Daylight Time

NeuroSense Therapeutics is on Verge of Potential Blockbuster Pharma Deal as ALS Drug Shows 58% Survival Improvement

Global Markets News

NeuroSense Therapeutics (NASDAQ: NRSN)* is in active discussions with a global pharmaceutical giant for what CEO Alon Ben-Noon calls a potentially "transformative" partnership that could catapult the company's groundbreaking ALS therapy toward commercialization, according to a shareholder letter released today. The binding term sheet announced in December has progressed to advanced discussions for a "multinational partnership" that could deliver significant upfront capital and fully fund the upcoming Phase 3 trial. While initially expected to close in Q1, the complex deal's extended timeline suggests substantial terms are being negotiated, with Ben-Noon expressing optimism about an agreement that would mark "a true inflection point" for the company. Previous neurodegenerative disease partnerships have generated substantial value for biotech companies. GSK's 2021 deal with Alector included $700 million upfront and up to $1.5 billion in milestone payments, while Biogen's 2020 Denali partnership involved $560 million upfront with $1.125 billion in potential milestones. In 2024, Eli Lilly licensed QurAlis's preclinical ALS therapy for $45 million upfront plus up to $577 million in milestones—highlighting the pharmaceutical industry's willingness to invest heavily in promising neurological treatments. Investors have compelling reasons to watch NeuroSense closely as multiple catalysts approach. PrimeC, the company's novel ALS treatment, delivered remarkable Phase 2b results showing a 33% slowing of disease progression (p=0.007) and an impressive 58% improvement in survival rates compared to placebo. These potentially game-changing outcomes position PrimeC as one of the most promising ALS therapies in development. The company's dual-track commercialization strategy adds near-term revenue potential to its long-term pipeline value. While advancing toward a global Phase 3 trial set to begin in H2 2025, NeuroSense is simultaneously pursuing fast-track approval in Canada through a special regulatory pathway designed for life-threatening conditions with limited treatment options. Commercial forecasts project potential Canadian sales of $100-150 million annually—potentially providing significant revenue while the larger global program advances. Recent scientific validation came this month at the American Academy of Neurology Annual Meeting, where distinguished neurologists presented biomarker data confirming PrimeC's mechanism of action in targeting multiple disease pathways simultaneously. PrimeC's approach combines two FDA-approved drugs (ciprofloxacin and celecoxib) in a novel formulation designed to attack ALS through multiple pathways—inflammation, iron accumulation, and RNA regulation—giving it potential advantages over single-target therapies. The drug has received coveted Orphan Drug Designation from both US and European regulators. The ALS treatment landscape represents a significant commercial opportunity, with over 30,000 patients in the US and Europe and approximately 5,000 new diagnoses annually in the US alone. With limited effective treatments currently available, successful therapies command premium pricing and substantial market share. Upcoming catalysts include Canadian regulatory progress, potential partnership announcement, and Phase 3 initiation in the second half of 2025—each representing potential value-driving events for shareholders. For investors seeking exposure to late-stage neurodegenerative disease treatments with multiple near-term catalysts, NeuroSense's progress on both the pharmaceutical partnership and regulatory fronts presents a compelling opportunity to watch closely in the coming months. Recent News Highlights from NeuroSense NeuroSense Therapeutics Releases Letter to Shareholders Outlining Clinical Progress, Regulatory Strategy, and Partnership Update NeuroSense Therapeutics Announces Transformative Phase 2b MicroRNA Data, Highlighting PrimeC's Promise as a Disease-Modifying ALS Treatment *Disclaimer: This article was written and published by Wall Street Wire™, a promotional content and distribution brand and network. Nothing in this article constitutes financial or investment advice, nor does it represent an offer to buy or sell securities. The operators of Wall Street Wire network are not registered brokers, dealers, or investment advisers. This article contains and is a form of paid promotional content related to NeuroSense Therapeutics and was produced as part of their paid subscription to Wall Street Wire. This article has not been reviewed or approved by NeuroSense Therapeutics prior to publication. The information in this article is based on publicly available news reports and filings which have not been independently verified by us. Please review the full disclaimers and compensation disclosures here: redditwire.com/terms. Contact Details Wall Street Wire | Coverage Desk media.globalmarkets@gmail.com

April 24, 2025 10:36 AM Eastern Daylight Time

EDGE Boost Announces Responsible Gaming Partnership with Birches Health

EDGE Boost

EDGE Boost by EDGE Markets, one of the first debit card products designed specifically to support responsible gaming., today announced its partnership with Birches Health, a behavioral healthcare organization specializing in gambling disorder prevention and treatment. This partnership signifies yet another layer of protection for those gambling using EDGE Boost, a debit card built for more responsible gaming activities. Through the partnership, Birches Health will provide Responsible Gambling content on the EDGE Boost app and website, prompting all users to make safe and responsible decisions while gambling. Additionally, direct links to the Birches Health website and immediate access to clinicians will be just a few clicks away from the EDGE Boost app. Birches Health will use idPair technology to anonymize EDGE Boost user data for analysis and input for responsible gambling research and technology. "Our mission has always been to provide a safer and more responsible environment for users to engage with gambling,” said Seni Thomas, Founder and CEO of EDGE Boost. “Partnering with Birches Health allows us to take that commitment further, and provide immediate access to expert resources and education at the moments our users need them.” EDGE Boost redefines responsible gaming with a dedicated debit card and bank account, allowing bettors to separate their gaming transactions from everyday finances. By providing a clear, consolidated view of their betting bankroll, EDGE Boost empowers users to make more informed financial decisions. “At Birches Health, we share the same vision as the EDGE Boost team: make the gaming experience all around safer for those who partake,” said Elliott Rapaport, Founder of Birches Health. “Treatment options and educational content are now easily accessible to anyone using EDGE Boost. We are taking steps to build a more sustainable and responsible gaming industry in the U.S.” EDGE Boost announced its official launch in March of this year, after operating in stealth mode for three months. To date, EDGE Boost has raised over $17.2 million and processed over $450 million in transactions. About EDGE Boost EDGE Boost is the responsible financial platform for smart bettors. One of the first deposit accounts built exclusively for betting-related use, held with Cross River Bank, Member FDIC, and eligible for FDIC insurance up to $250,000 per depositor*. As a neutral, third party, EDGE Boost provides financial segmentation and a holistic view to bettors for all their financial betting data, with custom tools, like personalized spending limitations and cashback incentives, available to help all bettors be more responsible. Customers experience frictionless, instant free betting that is compatible with almost any online or physical betting platform. Deposit Checking accounts are held with Cross River Bank, Member FDIC. The Edge Boost Visa Debit Card is a Visa® debit card issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. The Edge Boost Visa Debit Card is not available to all residents of U.S. territories. For further information, please see our Terms of Service and Cardholder Agreement. If you think you or someone you know may have a gambling problem, call 1-800-GAMBLER. About Birches Health Birches Health provides modern, clinician-led solutions for Responsible Gaming and Problem Gambling care covered by insurance. For more information, visit Birches Health at bircheshealth.com or email partnerships@bircheshealth.com. Contact Details Sterling Randle srandle@hotpaperlantern.com Company Website https://www.edgeboost.bet/

April 24, 2025 09:05 AM Eastern Daylight Time

News Release

Florida Boy Burger Co. Co-Founder Roger Lolly Leads Statewide Expansion with Four New Locations

Rev Up Marketers

Florida Boy Burger Co., the Old-Florida–themed fast-casual concept that has become a local sensation on the Gulf Coast, today announced an ambitious growth plan spearheaded by co-founder and hospitality veteran Roger Lolly. Building on breakout success in Fort Myers and Cape Coral, the company is aiming to open four additional restaurants this year in Orlando, Jacksonville, Naples, and North Port, bringing its signature blend of Florida nostalgia, farm-fresh ingredients, and community-driven hospitality to diners across the state. “Florida Boy Burger was born from our love for the Sunshine State—its history, its wildlife, and, of course, its incredible local produce,” said Roger Lolly, co-founder and head of concept development. “With every new restaurant we open, we get to tell a slice of Florida’s story through design, flavor, and genuine southern hospitality. Expanding north and east lets us share that story with millions more Floridians and visitors alike.” The upcoming locations will mirror the brand’s immersive atmosphere, complete with reclaimed cypress bars, antique postcards, and taxidermy displays that celebrate the Everglades and the Gulf. Each restaurant will feature a 2,800-square-foot dining room, an outdoor patio, and the company’s trademark 500-gallon freshwater tank housing live baby alligators —an educational partnership with the Florida Fish and Wildlife Conservation Commission that teaches conservation while delighting guests. Florida Boy Burger’s scratch menu centers on 100 percent chuck-and-brisket patties, hand-pressed daily and topped with region-inspired flavors such as Key lime aioli, fried plantains, and citrus-maple bacon. A new supply agreement with a cooperative of Panhandle cattle ranchers will enable the chain to introduce fully Florida-raised beef in every market by Q4 2025. Complementing the burger lineup are locally sourced specialties like gator bites, frog legs, and the ever-popular swamp fries smothered in house-made datil-pepper cheese sauce. Co-founder and CFO Louis Cioffi highlighted the economic impact of the rollout: “Each restaurant represents roughly a $1.6 million investment and will create 35 to 40 jobs ranging from line cooks to general managers. We’re also building a centralized training hub in Fort Myers to keep quality high as we scale.” Florida Boy Burger’s momentum has attracted interest from regional developers and franchise investors. While the company remains privately held, Lolly confirmed management is exploring strategic partnerships to accelerate expansion beyond state lines in 2026. “Our near-term focus is Florida,” he said, “but we see a clear runway into neighboring Southeastern markets that appreciate bold flavors and strong storytelling.” Community engagement remains core to the brand’s identity. Through its “Burgers for the Bay” initiative, the company donates a portion of sales each Earth Day to Everglades restoration nonprofits and hosts monthly clean-ups of local waterways. “If we’re celebrating Florida’s beauty, we have to help preserve it,” Lolly added. About Florida Boy Burger Co. Founded in 2022 by restaurateurs Roger Lolly and Louis Cioffi, Florida Boy Burger Co. brings the charm of Old Florida to life through immersive decor, Florida-forward flavors, and a commitment to local sourcing and environmental stewardship. The company operates two locations in Southwest Florida, with four additional openings slated for 2025. Contact Details Florida Boy Roger Lolly roger@burgers.inc Company Website https://burgers.inc/

April 24, 2025 07:17 AM Eastern Daylight Time

TRON Network Surpasses $70 Billion in Circulating USDT

TRON DAO

April 23, 2025 - Geneva, Switzerland - TRON DAO today announced that the total circulating supply of Tether (USDT) on the TRON blockchain has exceeded $70 billion. This achievement reflects growing user demand for cost-efficient, high-speed blockchain-based solutions, particularly in emerging markets and cross-border transactions. TRON has become a preferred settlement layer for stablecoins, driven by its scalability, affordability, and consistent network performance. With more than 302 million accounts, over 10 billion transactions processed, and $20 billion in total value locked (TVL), the TRON network has become a foundational layer for real-world blockchain applications. As of April 2025, TRON facilitates an average of $19 billion in daily USDT transfers, underscoring its capacity to support institutional-scale activity with the efficiency and speed required by the digital economy. In regions facing currency instability and limited access to traditional banking services, TRON’s stability and accessibility have made it an essential financial infrastructure. “USDT on TRON surpassing $70 billion in circulating supply is a powerful reflection of the global community’s trust and support,” said Justin Sun, Founder of TRON. “Behind this figure is a global community that has embraced USDT on TRON as a fast, affordable, and stable means of transacting value. While we see this as a major achievement, it also reinforces our responsibility to continue building secure, scalable, and inclusive financial infrastructure. This progress is the result of collective efforts across the entire crypto ecosystem, and we remain committed to advancing real-world utility through stablecoin innovation.” As part of its broader commitment to responsible innovation, TRON—together with Tether and TRM Labs—established the T3 Financial Crime Unit (T3 FCU) to combat illicit activities on the blockchain. Since its inception, T3 FCU has assisted in freezing over $150 million in collaboration with law enforcement agencies worldwide, demonstrating that decentralized networks can support financial integrity at scale while maintaining transparency and compliance. With over $70 billion USDT circulating on the network, TRON plays a central role in the stablecoin economy by offering a fast, low-cost, and scalable platform for global digital asset transfers. Its growth reflects a continued focus on expanding financial access, enhancing interoperability, and working collaboratively with key players across various verticals to build a secure and inclusive blockchain infrastructure. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $70 billion. As of April 2025, the TRON blockchain has recorded over 302 million in total user accounts, more than 10 billion in total transactions, and over $20 billion in total value locked (TVL), based on TRONSCAN. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

April 23, 2025 07:03 PM Eastern Daylight Time

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PEOPLES FINANCIAL CORPORATION REPORTS RESULTS FOR THE FIRST QUARTER OF 2025

Peoples Financial Corporation

Peoples Financial Corporation (the “Company”)(OTCQX Best Market: PFBX), parent of The Peoples Bank (the “Bank”), announced earnings for the first quarter ending March 31, 2025. First Quarter Earnings Net income for the first quarter of 2025 decreased $1,105,000 to $1,310,000 compared to net income of $2,415,000 for the first quarter of 2024. The earnings per weighted average common share for the first quarter of 2025 were $0.28 compared to earnings per weighted average common share of $0.52 for the first quarter of 2024. Per share figures are based on weighted average common shares outstanding of 4,617,466 and 4,661,686 for the first quarters of 2025 and 2024, respectively. The decrease in net income for the first quarter of 2025 was primarily due to a decrease in net interest income of $1,025,000 to $5,668,000 for the first quarter of 2025 compared with $6,693,000 for the first quarter of 2024. Total interest income decreased by $1,370,000 to $7,559,000 for the first quarter of 2025 as compared with $8,929,000 for the first quarter of 2024 due to lower interest income on securities caused by a decrease in balances and yields. Total interest expense decreased by $345,000 to $1,891,000 for the first quarter of 2025 as compared with $2,236,000 for the first quarter of 2024 due to lower interest rates paid on deposit accounts and lower borrowing costs. Return on average assets for the first quarter ended March 31, 2025, decreased 0.50% to 0.62% compared to 1.12% for the first quarter ended March 31, 2024. The Company’s efficiency ratio increased 13% to 77% for the first quarter ended March 31, 2025, compared to 64% for the first quarter ended March 31, 2024. Asset Quality “The Bank’s leadership remains committed to maintaining high-quality assets. We are closely monitoring economic conditions and staying vigilant for any potential changes in interest rates,” said Chevis C. Swetman, chairman and chief executive officer of the Company and the Bank. Shareholders’ Equity Total shareholders’ equity increased by $4,454,000 from $90,001,000 at December 31, 2024, to $94,455,000 at March 31, 2025. The improvement in shareholders’ equity was mainly due to quarterly earnings of $1,310,000 through March 31, 2025. The Company also experienced a decrease of $3,144,000 in unrealized losses on securities in 2025. The Company reported $34,862,000 and $38,006,000 in unrealized losses on the available for sale securities portfolio as of March 31, 2025, and December 31, 2024, respectively. These unrealized losses are presented in accumulated other comprehensive income for the respective periods. The cause of the unrealized losses has primarily resulted from higher interest rates that have impacted the current market value of available for sale securities. The unrealized losses are not related to any credit deterioration within the portfolio. The Company has maintained strong liquidity and continues to do so; therefore, the Company does not foresee a sale of any affected securities that would cause the realization of these losses by the Company as part of net income in the near future. The Bank’s leverage ratio has not been impacted by these unrealized losses on available for sale securities due to an optout election previously made by the Bank in accordance with current regulatory capital requirements and therefore remained strong at 13.32% as of March 31, 2025. Liquidity The Company maintains a well-capitalized balance sheet which includes strong capital and liquidity. The Bank provides a full range of banking, financial and trust services in our local markets. The majority of the Bank’s deposits are fully FDIC insured. The Company evaluates on an ongoing and continuous basis its financial health by preparing for various moderate to severe economic scenarios. As interest rates have increased and the cost of attracting new deposits and replacing deposit attrition has increased, the Bank experienced an increase in its cost of funds during the twelve months ended December 31, 2024. As of March 31, 2025 total deposits have increased $31,261,000 to $751,991,000 from $720,730,000 as of December 31, 2024. This is mainly due to an influx of public fund tax deposits during the first and last quarters of 2025 and 2024 that were slowly allocated by the public accountholders throughout the year. About the Company Founded in 1896, with $867 million in total assets as of March 31, 2025, The Peoples Bank operates 18 bank facilities along the Mississippi Gulf Coast in Hancock, Harrison, Jackson and Stone counties. In addition to offering a comprehensive range of retail and commercial banking services, the Bank also operates a trust and investment services department that has provided customers with financial, estate and retirement planning services since 1936. Peoples Financial Corporation’s common stock is listed on the OTCQX Best Market under the symbol PFBX. Additional information is available on the Internet at the Company’s website, www.thepeoples.com, and at the website of the Securities and Exchange Commission (“SEC”), www.sec.gov. This news release reflects industry conditions, Company performance and financial results and contains “forward-looking statements,” which may include forecasts of our financial results and condition, expectations for our operations and businesses, and our assumptions for those forecasts and expectations. Do not place undue reliance on forward-looking statements. These forward-looking statements are subject to a number of risk factors and uncertainties which could cause the Company’s actual results and experience to differ materially from the anticipated results and expectation expressed in such forward-looking statements. Factors that could cause our actual results to differ materially from our forward-looking statements are described under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Regulation and Supervision” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in other documents subsequently filed by the Company with the Securities and Exchange Commission, available at the SEC’s website and the Company’s website, each of which are referenced above. To the extent that statements in this news release relate to future plans, objectives, financial results or performance by the Company, these statements are deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statementsare generally identified by use of words such as “may,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” " “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. Forward-looking statements represent management’s beliefs, based upon information available at the time the statements are made, with regard to the matters addressed; they are not guarantees of future performance. Forward-looking statementsare subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements. All information is as of the date of this news release. Except to the extent required by applicable law or regulation, the Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason. Contact Details Peoples Financial Corp Chevis C. Swetman, President and CEO +1 228-435-8205 cswetman@thepeoples.com Company Website https://www.thepeoples.com

April 23, 2025 03:05 PM Central Daylight Time

News Release

Van Ness Corridor Emerges as San Francisco’s Premier Medical Destination

The Hoyt Organization

The Van Ness corridor has become one of San Francisco’s most dynamic medical and healthcare destination, anchored by the world-class Sutter Health’s California Pacific Medical Center and supported by an expanding ecosystem of medical office spaces and care providers. A highlight of this transformation is the 45,000 square feet of premium medical office space currently available at 939 Ellis St., making it the largest contiguous medical space on the market in San Francisco today. Strategically located just steps away from Sutter’s Van Ness campus, 939 Ellis offers an unparalleled opportunity for medical groups, specialty clinics, and healthcare innovators looking to establish a presence in the city’s fastest-growing healthcare hub. Ellis’ central location provides convenience for patients commuting from East Bay, the Peninsula, and Marin County. Connectivity to the Van Ness Corridor has never been better with the 2022 launch of the Van Ness Bus Rapid Transit, a 1.96-mile route running north-south featuring dedicated center bus lanes and nine stations. “The synergy between the neighborhood’s thriving healthcare community and access to transportation is reshaping the Van Ness corridor into a one-stop destination for high-quality patient care,” said Kurt Hackett, Vice President of Asset Management with Rethink Healthcare Real Estate, a private investment group that owns 939 Ellis St. “Whether it’s primary care, outpatient specialties, diagnostics, or wellness services, everything patients and providers need is increasingly concentrated in this central, transit oriented neighborhood.” The building, which is already about half occupied by Kaiser Permanente, comes to market amid a notable resurgence in San Francisco’s economy as the city positions itself for a boom in AI investments. The increase in business is being further fueled by the return-to-office trend and a growing belief that San Francisco is on the right track, according to recent surveys. Recently elected Mayor Daniel Lurie has spearheaded many new efforts that are working to bring businesses and visitors back to the world class downtown. As demand for centrally located, modern medical space continues to rise, the Van Ness corridor stands out as a focus for San Francisco’s healthcare future. “We could not be more bullish on this location,” said Jonathan Winer, President of Rethink Healthcare Real Estate. “Not only is San Francisco’s reemergence as a hotbed of business activity a catalyst for those looking to treat patients locally, but the ease of transit has made the Van Ness Corridor a convenient destination for doctors and patients, alike, who are coming from the outskirts of the city or the suburbs.” 939 Ellis St. offers flexible, build-ready medical office suites that can accommodate a range of specialties. It boasts a scenic rooftop terrace and available parking. For leasing inquiries at 939 Ellis St., contact Trask Leonard, president and CEO of Bayside Realty Partners at tleonard@baysiderp.com or Caroline Doyle, senior vice president of Bayside Realty Partners, at cdoyle@baysiderp.com. Contact Details The Hoyt Organization Andrew King +1 914-513-6895 aking@hoytorg.com Company Website https://rethink-capital.com/healthcare-real-estate/

April 23, 2025 10:20 AM Pacific Daylight Time

BridgeFT and iCapital® Launch New Portfolio Data Management Solution for Wealth Managers

BridgeFT

BridgeFT, a cloud-native, API-first wealth infrastructure software company, and iCapital [1], the global fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, announced today a first-of-its-kind partnership to deliver a comprehensive data solution across all asset classes for the wealth management industry, including RIAs, wealth management firms and TAMPs. As financial advisors navigate increasingly complex and diversified portfolios across a wide spectrum of public securities, private market investments, structured investments and annuities, and direct, off-platform investments—accessing, standardizing, and analyzing comprehensive data has become a significant challenge. This partnership directly addresses that challenge with a unified, scalable, and intelligent solution designed to empower advisors by providing a complete view of client portfolios across asset classes and spanning thousands of positions on and off iCapital’s platform. “Increased appetite for alternative investments is driving demand for a comprehensive view of client investments. iCapital is at the forefront of creating a standardized industry framework that optimizes the entire alternative investing experience, and we are thrilled to be partnering with the iCapital team on this data initiative,” said Dave Hagen, BridgeFT’s Chief Commercial Officer. “Our work together emphasizes our commitment to being a true technology enabler for advisors, making it easier for them to gain access to critical total wealth data to further enable differentiation and accelerate growth.” iCapital’s Alternative Data Management service leverages machine learning and AI to provide timely and accurate data retrieval, transformation, validation, and delivery to any downstream reporting system. Combined with BridgeFT’s ability to consolidate custodial and transactional data across public market platforms, the new solution is designed to give advisors unprecedented insight into portfolio performance, risk, liquidity, and allocation strategy. “Our partnership with BridgeFT reflects our commitment to providing innovative data solutions and an enhanced advisor and client experience,” said Dan Vene, Co-Founder and Co-Head of iCapital Solutions. “By continually evolving our data solutions, we strive to enable advisors to work more efficiently, access real-time data, make smarter decisions, and deliver superior service with a focus on what truly matters – guiding clients toward their financial goals with confidence and clarity.” iCapital is the latest partner to be added to BridgeFT's WealthTech API Marketplace, which offers the wealth market direct access to a curated group of partners reshaping wealth management technology with API-first data and application services that are pre-integrated with BridgeFT’s WealthTech API infrastructure. BridgeFT’s Marketplace aims to accelerate, simplify, and reduce the cost of wealth management application development and maintenance. [1] iCapital, Inc. and its affiliates (together, “iCapital”) About BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com. Contact Details For BridgeFT Lisa Aldape, Vocatus laldape@vocatusllc.com Company Website https://www.bridgeft.com/

April 23, 2025 10:00 AM Eastern Daylight Time

AdvicePay Releases Third Annual Trend Report, Revealing Growth in Subscription-Based Financial Planning

AdvicePay

AdvicePay, the industry-leading platform for managing billing, payments, and compliance of fee-for-service financial planning, released its third annual Fee-for-Service Industry Trend Report. The findings, based on over 461,000 transactions processed in 2024, highlight a growing trend in subscription-based models – an increasingly popular choice for advisors seeking stable and predictable revenue streams amid volatile markets. The report reveals that subscription-based models continue to dominate the fee-for-service landscape. In 2024, a substantial 85% of all invoices were subscription-based, up from 83% the previous year. This shift marks a continued rise in the popularity of monthly and quarterly subscriptions, as well as a notable increase in the fees charged for these services. Specifically, advisors raised their average monthly subscription fees to $278, up 4.9% from $265 in 2023, while quarterly subscriptions saw a 1.4% increase, and one-time fees grew by 2.9%. The trend toward higher subscription fees and a preference for digital payments also reflects broader changes in client behavior. In 2024, over half (53.4%) of all transactions were completed using credit or debit cards, while 45.9% were processed through ACH transfers. These findings underscore the growing adoption of subscription-based models across the industry. Despite common misconceptions, the report highlights that fee-for-service planning is not replacing assets under management (AUM) fees, but rather providing a complementary revenue stream. In times of market volatility, fee-for-service financial planning offers advisors a more stable and predictable income, akin to a "bond" in an advisor’s income portfolio. As AUM fees fluctuate with market conditions, advisors are leveraging fee-for-service models to reach new, underserved demographics and secure steady cash flow. “Adoption of the fee-for-service model is no longer a niche trend, it’s a strategic necessity for broker-dealers and RIAs aiming to remain resilient and competitive in recruitment and retention of both advisors and clients,” said Alan Moore, Co-Founder and CEO of AdvicePay. “The sustained growth across key metrics signals that subscription-based planning is becoming a core part of financial advisory firms’ revenue strategies. It allows firms to expand their client base, offer flexible pricing, and mitigate the risk of market volatility.” The increasing popularity of fee-for-service planning is further evidenced by the growth in transactions on the AdvicePay platform, which processed 461,000 transactions in 2024, up from 380,000 the previous year. Since its public launch in 2018, AdvicePay has processed over $838 million in financial planning fees, firmly establishing fee-for-service financial planning as a mainstream and essential business model. Released just last week, the 2025 Trend Report already has over 400 downloads to date. To receive a copy of the full report, which includes analysis of over two million data points, please visit https://info.advicepay.com/trends. About AdvicePay AdvicePay is the industry-leading platform for overseeing the compliance, delivery, and payment processing of fee-for-service financial planning. Financial services firms and their advisors benefit from efficient workflows designed exclusively to support their fee-for-service financial planning revenue, including up-to-date compliance and data security management, all in one unified platform. Contact Details Shannon Beck +1 406-412-2047 media@advicepay.com Company Website https://advicepay.com/

April 23, 2025 10:00 AM Eastern Daylight Time

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