BINAH Capital Group Welcomes Recently Acquired Commonwealth Team to its Broker-Dealer Platform Through its Long-Standing Strategic Relationship with Merit Financial Advisors
Rhea-AI Summary
BINAH Capital Group (NASDAQ: BCG) announced on December 3, 2025 that a Chicago-based advisory team recently acquired by Merit Financial Advisors will use BINAH's PKS Investments as its friendly broker-dealer.
The team represents about $1.2 billion in client assets and will route commission-based business to PKS, which BINAH describes as a platform for independent RIAs backed by scale and infrastructure to support growth.
Positive
- $1.2B in client assets joining BINAH-linked broker-dealer
- New client relationship expands PKS Investments commission business
- Reinforces PKS position as friendly broker-dealer for independent RIAs
Negative
- None.
News Market Reaction – BCGWW
In the Dec 3 session, BCGWW declined 1.46%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Chicago-Based,
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- BINAH Capital Group, Inc. (“BINAH” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial-services enterprise supporting independent advisors through its affiliated broker-dealers, today announced that a former Commonwealth Financial Network advisory group, recently acquired by Merit Financial Advisors (Merit), will utilize PKS Investments, a BINAH company, as its broker-dealer.
The Chicago-based team, representing about 1.2 billion dollars in client assets, will use PKS Investments ("PKS") for its commission-based business. PKS provides a friendly broker-dealer framework built for independent RIAs, and as part of BINAH, offers a best-in-class platform backed by both scale and infrastructure to support organizations as they grow.
Craig Gould, CEO of BINAH Capital Group, said, "Our experience and track record provide transitioning advisors with the confidence that an experienced operator will support their commission-based business."
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
Mary T. Conway
Conway Communications
mtconway@conwaycommsir.com
Binah Capital Media Relations
Donald Cutler or Lorene Yue
Haven Tower Group
(424) 317-4864 or (424) 317-4854
binah@haventower.com
