- Business
- Binah Capital Group, Inc. is a prominent independent wealth management organization. The firm supports a vast network of financial advisors, overseeing approximately $23 billion in client assets. It provides comprehensive resources and services, including access to trade execution for stocks, bonds, exchange-traded funds, and options, alongside essential administrative functions like compliance, supervision, research, and accounting for financial professionals. Their diverse investment offerings span mutual funds, various insurance products, and specialized alternative investments such as non-traded real estate investment trusts, unit investment trusts, and both fixed and variable annuities. Formed in 2016 and based in Albany, New York, Binah Capital Group operates as a subsidiary of MHC Securities, LLC. The company went public in March 2024 following a merger with Kingswood Acquisition Corp. and Wentworth Management Services LLC, trading on NASDAQ under the ticker BCG and its warrants as BCGWW, aiming to leverage public capital for strategic growth and acquisitions.