Company: BCG
Filing Date: 2025-09-03
Form Type: POS AM
Source: 0001410578-25-001926
Chunk: 197

Company: Binah Capital Group, Inc.
Filing Date: 2025-09-03
Form: POS AM
Chunk 197
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59,582 | ​ | $ |  50,009 |
| Mutual fund commissions                            | ​                    |   |  16,930 | ​ |   |  13,600 |
| Advisory fees                                      | ​                    |   |  24,939 | ​ |   |  21,668 |
| Alternative investments                            | ​                    |   |     113 | ​ |   |      57 |
| Total Trailing Revenues                            | ​                    |   | 101,564 | ​ |   |  85,334 |
| Total Revenue From Contracts With Customers        | ​                    | $ | 164,391 | ​ | $ | 159,859 |

Contract Balances

The timing of revenue recognition may differ from the timing of payment by the Company’s customers. The Company records a receivable when revenue is recognized prior to payment and there is an unconditional right to payment. The Company records a contract asset when the Company has recognized revenue prior to payment but the Company’s right to payment is conditional on something other than the passage of time. Alternatively, when payment precedes the provision of the related services, the Company records deferred revenues (a contract liability) until the performance obligations are satisfied. As of December 31, 2024 and 2023, the Company had receivables from contracts with customers, net of an allowance for credit losses, totaling approximately $ million and $ million, respectively. The opening balance of receivables from contracts with customers was approximately $ million as of January 1, 2023. As of December 31, 2024, December 31, 2023, and January 1, 2023, the Company had liabilities from contracts with customers.

Interest and Other Income

The Company earns interest income from client margin accounts and cash equivalents. This revenue is not generated from contracts with customers. Additionally, the Company receives marketing fees and sponsorship income.

6 .DUE FROM CLEARING BROKER AND CLEARING DEPOSIT

PKSI, CLS and WEG clear customer transactions through a clearing broker and, therefore, they operate pursuant to exemptions contained in Rule 15c3-3 of the Securities and Exchange Act of 1934.

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 2024     
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 Clearing 
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 Due from 
 Clearing 
 Broker   |   ​ | ​ 
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