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It's been a little over two years since Binah Capital Group went public via the merger of Kingswood Acquisition Corp., a special purpose acquisition company, and Wentworth Management Services, a broker/dealer aggregator.
Since then, CEO Craig Gould has kept his head down, working on his strategy for leading the firm going forward as well as the firm's growth and development goals. Now, a lot of those goals are coming to fruition. The firm now has $30 billion of ****** ets under management across its subsidiaries, including broker/dealers Cabot Lodge Securities, World Equity Group, and PKS Investments. The RIA firms affiliated with Binah manage over $400 billion in AUM.
Gould said that going public has allowed the firm to scale in ways it couldn't before, and it has since added some of the largest RIAs in the industry, including Merit Financial Advisors and OnePoint BFG Wealth Partners.
In a wide-ranging interview, Gould outlined his plans to make minority investments in partner firms, consolidate Binah's three corporate RIAs and acquire another broker/dealer.
It's been a little over two years since Binah Capital Group went public via the merger of Kingswood Acquisition Corp., a special purpose acquisition company, and Wentworth Management Services, a broker/dealer aggregator.
Since then, CEO Craig Gould has kept his head down, working on his strategy for leading the firm going forward as well as the firm's growth and development goals. Now, a lot of those goals are coming to fruition. The firm now has $30 billion of ****** ets under management across its subsidiaries, including broker/dealers Cabot Lodge Securities, World Equity Group, and PKS Investments. The RIA firms affiliated with Binah manage over $400 billion in AUM.
Gould said that going public has allowed the firm to scale in ways it couldn't before, and it has since added some of the largest RIAs in the industry, including Merit Financial Advisors and OnePoint BFG Wealth Partners.
In a wide-ranging interview, Gould outlined his plans to make minority investments in partner firms, consolidate Binah's three corporate RIAs and acquire another broker/dealer.
2 months ago
