Binah Capital Group Celebrates Successful Completion of Public Listing with Opening Bell Ringing Ceremony at Nasdaq
Binah Capital Group, Inc. (NASDAQ: BCG) recently celebrated its successful completion of a public listing by ringing the Nasdaq MarketSite opening bell on April 30, 2024. This event marked a significant milestone for the leading financial services enterprise. Binah Capital aims to deliver long-term shareholder value by acquiring and managing businesses in the financial services industry, particularly focusing on wealth management. The company offers a variety of affiliation options and clearing choices to its affiliated advisors, enabling flexibility in capturing opportunities in the wealth management sector.
Successful completion of public listing on the Nasdaq
Emphasis on delivering long-term shareholder value
Focus on acquiring and managing businesses in the financial services industry
Offering flexibility and multiple opportunities for affiliated advisors in wealth management
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Leading Financial Services Enterprise to Ring the Nasdaq Opening Bell on Tuesday, April 30, 2024
"We are thrilled to celebrate this momentous occasion with our employees, financial advisors, and shareholders," said Craig Gould, CEO of Binah Capital Group. "Our public listing is a testament to the hard work and dedication of our team, and we are excited to embark on this new chapter as a publicly traded company. We remain focused on providing long-term value for our shareholders and managing a best-in-class platform that empowers our financial advisors to achieve continued success."
Binah Capital is committed to delivering long-term shareholder value by driving significant continued growth opportunities. The company's strategy is to acquire and manage businesses in the financial services industry, with a particular focus on wealth management.
By delivering a range of affiliation options, combined with multiple custody and clearing choices through the Binah network, the company provides its affiliated advisors with the greatest possible level of flexibility to capture the multiple opportunities offered to them within the rapidly evolving wealth management space.
About Binah Capital Group
Binah Capital Group is a leading financial services enterprise publicly traded on NASDAQ under the ticker NASDAQ: BCG. The company owns and operates a portfolio of companies in the financial sector, including Purshe Kaplan Sterling Investments, Inc., Cabot Lodge Securities LLC, World Equity Group, Inc., registered investment advisors, and insurance entities, with a national footprint encompassing over 1900 registered individuals and over 500 offices with representation in all 50 states. The company's core strategy is to acquire and manage businesses in the financial services industry, focusing on wealth management. Binah Capital specializes in consolidating independent broker-dealers to capture the economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Binah's core philosophy focuses on building long-term relationships with its advisor base by providing best-in-class solutions and a platform to empower and enhance their business for continued success.
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SOURCE Binah Capital Group, Inc.
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