Binah Capital Group, Inc. is an independent wealth management company. The Company operates, through its subsidiary, Wentworth Management Services LLC (Wentworth). Wentworth is engaged in acquiring and managing businesses in the wealth management industry. The Company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in technology-enabled regulatory environment. Wentworth focuses on building long-term, productive relationships with its advisor base. Wentworth owns and operates 10 entities, four of which are broker-dealers, three of which are registered investment advisors, and three of which are insurance entities located in 535 offices in all 50 states. The Company also includes a dealer manager business, investment banking division and a wholesale distribution division. In addition, the Company owns three registered investment advisors and two general agencies.
Growing
The company is in a growing phase, with the latest annual income totaling USD 30.68M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD 5.29M.%!(EXTRA int=2)
Fairly Valued
The company’s latest PB is -71.55, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 14.18M shares, increasing 3.83% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 125.54K shares of this stock.