Company: BCG
Filing Date: 2025-09-03
Form Type: POS AM
Source: 0001410578-25-001926
Chunk: 59

Company: Binah Capital Group, Inc.
Filing Date: 2025-09-03
Form: POS AM
Chunk 59
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3.1 |
| Market impact(2)              |   |          4.8 |   |  4.8 |
| Balance – End of period       |   |         24.5 |   | 21.8 |

| (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. |

Advisory Fees Advisory fees represent fees charged to advisors’ clients’ accounts on the Company’s corporate advisory platform. The Company provides ongoing investment advice, brokerage and execution services on transactions, and performs administrative services for these accounts. These fees are recognized ratably over time to match the continued delivery of the performance obligations to the client over the life of the contract. The advisory fees generated from the Company’s corporate advisory platform are based on a percentage of the market value of the eligible assets in the clients’ advisory accounts. Advisory fees increased by approximately 4.9% and 12.8% for the three and six month periods ended June 30, 2025, respectively, as compared to the same period in June 30, 2024, due to positive returns in the market from the period of June 30, 2024 to the period ending June 30, 2025. Advisory fees increased by approximately 15% for the year ended December 31, 2024 as compared to December 31, 2023, due to the positive impact from the financial markets. The following tables summarizes the advisory assets as of June 30, 2025 and 2024 (in billions):

| ​               | ​ 
 ​ 
 ​ | As of June 30, | 2025 | ​ |   | 2024 |
|:----------------|:--|:---------------|-----:|:--|:--|-----:|
| Advisory Assets | ​ | $              |  2.7 | ​ | $ |  2.3 |

The following table summarizes activity impacting advisory assets for the periods ended (in billions):

| Net Flows-Advisory Assets     | ​ 
 ​ | ​    
 2025 | For the three months ended June 30, | ​ | 2024 |      | ​ | ​    
 ​