Company: BCG
Filing Date: 2025-09-08
Form Type: 424B3
Source: 0001104659-25-088309
Chunk: 55

Company: Binah Capital Group, Inc.
Filing Date: 2025-09-08
Form: 424B3
Chunk 55
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 ​                             
 Net Flows-Brokerage Assets    | ​ 
 ​ | For the three months ended June 30, 
 2025                                |      | ​ | 2024 |      | ​ 
 ​ | For the six months ended June 30, 
                              2025 | ​ | 2024 |
|:------------------------------|:--|:------------------------------------|-----:|:--|:-----|-----:|:--|----------------------------------:|:--|-----:|
| Balance – beginning of period |   | $                                   | 23.2 |   | $    | 22.7 |   |                              24.5 |   | 21.8 |
| Net new brokerage assets(1)   | ​ | $                                   | -0.8 | ​ | $    | -0.8 | ​ |                              -1.1 | ​ | -2.1 |
| Market impact(2)              | ​ | $                                   |  2.7 | ​ | $    |  0.9 | ​ |                               1.7 | ​ |  3.1 |
| Balance – End of period       | ​ | $                                   | 25.1 | ​ | $    | 22.8 | ​ |                              25.1 | ​ | 22.8 |

| (1) | Net new brokerage assets consist of total client deposits less client withdrawals from brokerage accounts, plus dividends, plus interest. |

| (2) | Market impact is the difference between the beginning and ending asset balances less the net new asset amounts, representing the implied growth or decline in asset balances due to market change over the same period of time. |

The following table sets forth the components of our commission revenue for years December 31, 2024 and 2023 (in thousands):

| ​                        
 ​                        | ​ 
 ​ 
 ​ | ​                                
 For the years ended December 31, 
 ​                                |       ​ 
    2024 | ​ | ​ 
 ​ |       ​ 
    2023 | ​ 
 ​ |       ​ 
       ​ 
       ​ | ​        
 ​        
 $ Change |     ​ 
     ​ 
     ​ | ​        
 % Change |
|:-------------------------|:--|:---------------------------------|--------:|:--|:--|--------:|:--|--------:|:---------|------:|:---------|
| Sales-based              |   | $                                |  62