Leading Financial Services Enterprise to Ring
the Nasdaq Opening Bell on Tuesday, April
30, 2024
NEW
YORK, April 29, 2024 /PRNewswire/ -- Binah
Capital Group, Inc. ("Binah Capital") (NASDAQ: BCG), a leading
consolidator of financial services companies focused on Wealth
Management, announced today that it will ring the NASDAQ MarketSite
opening bell on Tuesday, April 30,
2024. The ceremony highlights the firm's recent milestone of
a successful public listing on the Nasdaq. The company commenced
trading on the Nasdaq on March
27.
"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.
Media Contact:
Joseph Kuo or Donald Cutler
Haven Tower Group
424 317 4851 or 424 317 4864
jkuo@haventower.com or dcutler@haventower.com
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SOURCE Binah Capital Group, Inc.