Binah Capital Group (BCG)
Platform for independent financial professionals across brokerage, advisory, insurance, and practice support.
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Provides independent financial professionals with brokerage, advisory, insurance, compliance, and operating infrastructure, earning transaction-based commissions, asset-based advisory fees, and related income. Its multi-brand model passes a substantial share of gross revenue to affiliated professionals.
Operates a multi-brand platform for independent financial professionals through broker-dealer, registered-investment-adviser, and insurance-related subsidiaries. Purshe Kaplan Sterling Investments, Cabot Lodge Securities, and World Equity Group provide regulatory affiliation, product access, supervision, technology, clearing and custody relationships, and practice support.
Generates commissions and other transaction-based brokerage compensation, asset-based advisory fees, and service and insurance-related income. A substantial share of gross revenue is paid to affiliated professionals, tying economics to adviser retention, payout levels, and the fixed costs of compliance and infrastructure.
Serves the U.S. independent-adviser market through affiliated professionals rather than owned consumer branches. Operations depend on regulated subsidiaries maintaining registrations and on external clearing, custody, product, technology, and service providers.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $10.9M · Total debt $25.5M · Total assets $71.2M · Shareholders' equity $20.8M
- Revenue
- $46.5M
- Operating income
- $1.0M
- Net income
- $337.0K
No dividends on record.
| Institutions10 holders · as of Mar 31, 2026 | 1.74% | 296.5K shares | |
| Insiders2 holders · as of May 20, 2026 | 6.00% | 1.02M shares | |
| Strategic holders2 holders · as of Nov 21, 2025 | 12.80% | 2.18M shares | |
| Otherremainder | 79.46% | 13.56M shares |
17.06M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Wentworth Funding, LLCStrategic | 7.11% | 1.21M | 13Gfiled Nov 12, 2025 ↗ |
Craig GouldInsiderdirector, officer: Chief Executive Officer | 5.98% | 1.02M | Form 4filed May 20, 2026 ↗ |
Alta Partners LLCStrategic | 5.69% | 970,519 | 13Gfiled Nov 21, 2025 ↗ |
Vanguard Capital Management LLCInstitution | 0.73% | 123,958 | 13Fas of Mar 31, 2026 |
Geode Capital Management, LLCInstitution | 0.21% | 36,159 | 13Fas of Mar 31, 2026 |
| See all 15 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 19, 2026 | David M. Shane | director, officer: Chief Financial Officer | +3,000 | $1.66 |
| May 19, 2026 | Craig Gould | director, officer: Chief Executive Officer | +3,000 | $1.68 |
| Nov 17, 2025 | Craig Gould | director, officer: Chief Executive Officer | +5,000 | $1.55 |
- LPL Financial
Largest independent-adviser platform rival in brokerage and advisory.
- Raymond James Financial
Independent-adviser network rival across brokerage and advisory.
- Ameriprise Financial
Advisor-franchise and wealth-platform competitor.
- Stifel Financial
Independent-adviser platform rival with wealth-management services.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Binah Capital Group | $1.37 | +0.52% | $22.5M | 7.6 | — | 0.1 | +14.5% |
| LPL Financial | $357.05 | +0.51% | $28.40B | 28.3 | 13.2 | 1.4 | +35.2% |
| Raymond James Financial | $176.82 | +0.50% | $33.80B | 15.3 | 12.7 | 2.0 | +3.8% |
| Ameriprise Financial | $554.00 | +0.36% | $49.61B | 13.3 | 11.3 | 2.5 | +14.6% |
| Stifel Financial | $80.61 | +0.74% | $12.13B | 9.4 | 11.5 | 1.8 | −1.4% |
| Median | 14.3 | 12.1 | 1.9 | +9.2% |