Company: BCG
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001410578-25-000143
Chunk: 11

Company: Binah Capital Group, Inc.
Filing Date: 2025-02-14
Form: S-1
Chunk 11
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 consider important in making your investment decision. Therefore, you should read the entire prospectus carefully, including, in particular, the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our consolidated financial statements and related notes. As used in this prospectus, unless the context otherwise requires or indicates, references to “Binah,” “Company,” “we,” “our,” and “us,” refer to Binah Capital Group, Inc. and its subsidiaries. Our Business Overview The Company is a leading consolidator of retail wealth management businesses that owns and operates ten entities, four of which are broker-dealers, three of which are registered investment advisors, and three of which are insurance entities, that have over 1900 registered individuals working within the financial services industries. The Company focuses on three critical areas comprised of the hybrid, independent and W2 business models to allow affiliated advisors to choose the operating model that works best for them and run their practices on their own terms. The Company’s platform adds to its flexibility by providing a variety of custody and clearing firm options to accommodate the unique business needs of advisors. The Company believes it will be a natural destination for financial advisors and assets in motion by strategically positioning itself as the hybrid broker-dealer of choice, with top clearing and custodial relationships and strategic partnerships. With a track record of building a platform capable of significant scale along with strategic initiatives to drive its growth via access to public capital, Binah’s features include:

| ● | A national wealth management platform supporting more than 1,900 individuals working within the financial services industries |

| ● | Tech-enabled capabilities that allows for seamless integration and provides advisors with end-to-end services enhancing efficiency |

| ● | Open architecture that offers access to an array of solutions for advisors and their clients via expanded product offerings and shared services |

| ● | A highly attractive financial model that is expected to experience organic growth, highly recurring revenues and expanding margins |

Each of our independent advisory and brokerage firms provides full support services to its financial advisors, including access to stock, bond, exchange-traded fund (“ ETF”) and options execution; products such as insurance, mutual funds, alternative investments such as non-traded real estate investment trusts, unit trusts and fixed and variable annuities; and research, compliance, supervision, accounting and related services. Our independent advisory and brokerage firms offer various accounts, some of which are managed by our financial advisors, and others that are managed by third parties. The advisor managed accounts offer various account structures,