Bleakley Financial Group Chooses PKS Investments, a Subsidiary of Binah Capital Group, as Broker-Dealer for Hybrid Advisory Services
Binah Capital Group (NASDAQ: BCG) announced that Bleakley Financial Group, a registered investment advisor (RIA) with over $10 Billion in AUM, has chosen PKS Investments, a Binah Capital subsidiary, as its broker-dealer for hybrid advisory services. This strategic partnership enables Bleakley to maintain its independence while leveraging Binah Capital's hybrid-friendly platform infrastructure and resources.
PKS Investments, as part of the Binah Capital family, provides operational efficiency, compliance expertise, and high-touch servicing with seamless integration across leading custodians. The collaboration reinforces Binah Capital's position as a leading strategic partner for independent RIAs, offering infrastructure and personalized support while preserving their autonomy.
Binah Capital Group (NASDAQ: BCG) ha annunciato che Bleakley Financial Group, un consulente finanziario registrato (RIA) con oltre 10 miliardi di dollari in AUM, ha scelto PKS Investments, una controllata di Binah Capital, come broker-dealer per i servizi di consulenza ibrida. Questa partnership strategica consente a Bleakley di mantenere la propria indipendenza sfruttando al contempo l'infrastruttura e le risorse della piattaforma ibrida di Binah Capital.
PKS Investments, parte della famiglia Binah Capital, offre efficienza operativa, competenze in materia di conformità e un servizio altamente personalizzato con un'integrazione fluida tra i principali custodi. Questa collaborazione rafforza la posizione di Binah Capital come partner strategico di riferimento per i RIA indipendenti, offrendo infrastruttura e supporto su misura preservandone l'autonomia.
Binah Capital Group (NASDAQ: BCG) anunció que Bleakley Financial Group, un asesor de inversiones registrado (RIA) con más de $10 mil millones en activos bajo gestión (AUM), ha seleccionado a PKS Investments, una subsidiaria de Binah Capital, como su broker-dealer para servicios de asesoría híbrida. Esta alianza estratégica permite a Bleakley mantener su independencia mientras aprovecha la infraestructura y los recursos de la plataforma híbrida de Binah Capital.
PKS Investments, como parte de la familia Binah Capital, ofrece eficiencia operativa, experiencia en cumplimiento normativo y un servicio personalizado con integración fluida entre los principales custodios. Esta colaboración refuerza la posición de Binah Capital como socio estratégico líder para RIA independientes, brindando infraestructura y apoyo personalizado mientras preserva su autonomía.
Binah Capital Group (NASDAQ: BCG)는 Bleakley Financial Group이 100억 달러 이상의 운용 자산(AUM)을 보유한 등록 투자 자문사(RIA)로서, Binah Capital의 자회사인 PKS Investments를 하이브리드 자문 서비스의 브로커-딜러로 선정했다고 발표했습니다. 이 전략적 파트너십을 통해 Bleakley는 독립성을 유지하면서 Binah Capital의 하이브리드 친화적 플랫폼 인프라와 자원을 활용할 수 있게 되었습니다.
Binah Capital의 일원인 PKS Investments는 운영 효율성, 규정 준수 전문성, 주요 수탁 기관들과의 원활한 통합을 통한 맞춤형 서비스를 제공합니다. 이번 협력은 독립 RIA를 위한 선도적 전략 파트너로서 Binah Capital의 입지를 강화하며, 인프라와 개인 맞춤형 지원을 제공하면서도 그들의 자율성을 보장합니다.
Binah Capital Group (NASDAQ : BCG) a annoncé que Bleakley Financial Group, un conseiller en investissement enregistré (RIA) avec plus de 10 milliards de dollars d'actifs sous gestion (AUM), a choisi PKS Investments, une filiale de Binah Capital, comme son broker-dealer pour des services de conseil hybrides. Ce partenariat stratégique permet à Bleakley de conserver son indépendance tout en tirant parti de l'infrastructure et des ressources de la plateforme hybride de Binah Capital.
PKS Investments, faisant partie de la famille Binah Capital, offre une efficacité opérationnelle, une expertise en conformité et un service personnalisé avec une intégration fluide entre les principaux dépositaires. Cette collaboration renforce la position de Binah Capital en tant que partenaire stratégique de premier plan pour les RIA indépendants, offrant infrastructure et soutien personnalisé tout en préservant leur autonomie.
Binah Capital Group (NASDAQ: BCG) gab bekannt, dass Bleakley Financial Group, ein registrierter Anlageberater (RIA) mit über 10 Milliarden US-Dollar verwaltetem Vermögen (AUM), PKS Investments, eine Tochtergesellschaft von Binah Capital, als Broker-Dealer für hybride Beratungsdienstleistungen ausgewählt hat. Diese strategische Partnerschaft ermöglicht es Bleakley, seine Unabhängigkeit zu bewahren und gleichzeitig die hybride Plattforminfrastruktur und Ressourcen von Binah Capital zu nutzen.
PKS Investments, als Teil der Binah Capital-Familie, bietet operative Effizienz, Compliance-Expertise und einen persönlichen Service mit nahtloser Integration bei führenden Verwahrstellen. Die Zusammenarbeit stärkt die Position von Binah Capital als führender strategischer Partner für unabhängige RIAs, indem Infrastruktur und maßgeschneiderte Unterstützung geboten werden, während deren Autonomie erhalten bleibt.
- Partnership with Bleakley Financial Group adds $10 Billion in AUM to Binah's network
- Strengthens Binah's market position as a strategic partner for independent RIAs
- Expands PKS Investments' client base with a significant industry player
- None.
Insights
Binah secures $10B AUM Bleakley as broker-dealer client, strengthening competitive position in independent advisor space with minimal immediate financial impact.
This partnership represents a strategic win for Binah Capital Group's subsidiary PKS Investments, bringing Bleakley Financial Group's
The wealth management industry has been experiencing significant channel migration toward the independent RIA model, with hybrid RIAs (maintaining both fee-based advisory and commission-based brokerage business) growing particularly rapidly. By securing Bleakley as a client, Binah demonstrates its competitive capability against larger players in the broker-dealer space that service independent advisors.
From a revenue perspective, broker-dealer relationships with large RIAs typically generate income through trading commissions, platform fees, compliance services, and technology infrastructure. However, as merely the supporting broker-dealer rather than the asset manager, PKS will capture only a fraction of the economics from Bleakley's
This partnership should be viewed primarily as evidence of successful execution in Binah's strategy to position itself as a partner of choice for substantial independent advisory firms seeking both autonomy and institutional-grade support. While positive for long-term competitive positioning, the immediate financial impact likely remains modest relative to Binah's overall operations.
Strengthens Binah’s Position as a Partner of Choice for Independent Advisory Firms
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a leading financial services enterprise that owns and operates a network of firms empowering independent financial advisors, announced today that Bleakley Financial Group, a registered investment advisor (RIA) with over
This partnership provides Bleakley with the support needed to sustain and strengthen its independence while accessing the scale, infrastructure, and advisor-first resources that define Binah Capital’s hybrid-friendly platform. As part of the Binah Capital family, PKS Investments delivers the operational efficiency, compliance expertise, high-touch servicing, and flexibility that dually licensed independent RIAs require to thrive. With seamless integration across leading custodians and a robust support system, PKS empowers advisory firms like Bleakley to grow their business in a manner best-suited to their model and the needs of their diverse clientele.
“We are thrilled to welcome Bleakley Financial Group to the Binah family of Independent RIA’s supported by PKS Investments,” said Craig Gould, CEO of Binah Capital Group. “This partnership further validates the strength of our open-architecture platform and the confidence that leading entrepreneurial firms place in Binah to deliver the right balance of support and freedom.”
The collaboration underscores Binah Capital’s leading role as a strategic ally to RIAs, providing infrastructure, scale, and personalized support to partners without compromising their independence.
About Binah Capital Group
Binah Capital Group (“Binah Capital,” “Binah” or the “Company”) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace.
For more, please visit: www.binahcap.com
Contact:
Binah Capital Investor Relations
ir@binahcap.com
Binah Capital Public Relations
media@binahcap.com
FAQ
What is the significance of Bleakley Financial Group choosing PKS Investments as its broker-dealer?
How much assets under management (AUM) does Bleakley Financial Group have?
What services will PKS Investments provide to Bleakley Financial Group?
Who is the CEO of Binah Capital Group (BCG)?
