Binah Capital Group, Inc. BCG

What this company does

The company owns and operates ten entities in retail wealth management, four of which are broker-dealers, three of which are registered investment advisors, and three of which are insurance entities, with over 1,600 registered individuals working within the financial services industries. PKS Holdings, LLC, operating under the Hybrid Business Model, is headquartered in Albany, New York, with branch offices throughout the United States and more than 1,300 registered individuals working within the financial services industries. Cabot Lodge Securities LLC maintains offices and branch offices throughout the United States, with more than 100 registered advisors. In addition to the Hybrid Business Model, the PKSH Entities operate under a W2 Business Model, which allows independent broker-dealers to affiliate with the company's brokerage firms as employees to offer commission-based products as well as fee-based asset management services through its registered investment advisors. As of December 31, 2025, the company's workforce was comprised of approximately 150 employees, substantially all of whom are salaried. BMS was founded in March 2016 as a limited liability company under the Delaware Limited Liability Company Act and, through four wholly-owned registered broker-dealer subsidiaries and their affiliated entities, provides investment management services to clients via three advisor business models.

Written from the business description in Binah Capital Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.