Binah Capital Group, Inc. · NASDAQ:BCG
Binah Capital — NobleCon21 Conference (December 2025)
17 slides from Binah Capital's conference presentation, Dec 1, 2025
Slide 1: Empowering Independent Advisors Across All Business Models
NASDAQ: BCG Empowering Independent Advisors Across All Business Models Investor Presentation NobleCon21 Conference December 2025
Slide 2: Disclosures and Safe Harbor Statement
Disclosures and Safe Harbor Statement General. This presentation (this “Presentation”) is provided solely for informational purposes. This Presentation is subject to update , c ompletion, revision, verification, and further amendment. None of Binah Capital Group (“Binah”, the “Company”, "we", "our",
Slide 3: Experienced Management Team
Mr . Gould serves as Binah’s Chairman and Chief Executive Officer . Mr . Gould has over 25 years in senior management roles in the financial services industry, including Chief Executive Officer, National Sales Manager and Head of Investment Banking . Mr . Gould started Cabot Lodge Securities as its
Slide 4: National Wealth Management Firm with Innovative Hybrid-Friendly Broker-Dealer Model
• Open Architecture • Access to Major Custodians • Advanced Reporting • Flexible RIA Clearing National Wealth Management Firm with Innovative Hybrid - Friendly Broker - Dealer Model INNOVATIVE HYBRID - FRIENDLY MODEL ACROSS MORE THAN 700 OFFICES IN 50 STATES Financial Advisors 1600+ AUM 2 ~$30B Bran
Slide 5: Who is Binah Capital?
WE ARE A NATIONAL WEALTH MANAGEMENT PLATFORM COMPRISING: 4 Who is Binah Capital? A FULL - SERVICE BROKER - DEALER A HYBRID RIA A BOUTIQUE WEALTH MANAGER SPECIALIZING IN ALTERNATIVE INVESTMENTS 1 2 3
Slide 6: Why Binah Capital?
5 Why Binah Capital? WE ARE ONE OF THE FEW IBD ENTERPRISES RELEVANT TO, AND HIGHLY ENGAGED WITH, THE GROWING RIA SEGMENT ELITE ADVISORS DEMAND MAXIMUM FLEXIBILITY. BCG DELIVERS. 1. Source: McKinsey & Company • The future of wealth management is independent. Independent models – RIA, Hybrid RIAs, IBD
Slide 7: Our Business Philosophy
Our Compelling Business Philosophy Is Multi - brand, multi - custodial and multi - clearing, we deliver optimal support across distinct business models serving a diverse client base INTENTIONAL A national broker - dealer aggregator, we deliver value through an innovative, hybrid - friendly model tha
Slide 8: Strategic Business Growth Leverages Sector Trends
• RIAs rising, broker - dealers declining (“X” trend) • BCG sits at the center, ideal for independence - minded advisors • Strong M&A runway via strategic roll - ups INDUSTRY SHIFT Strategic Business Growth Leverages Sector Trends • Concurrent, Merit, Bleakley top teams and assets onboarded RECENT W
Slide 9: Key Drivers for Growth
• Full clearing and custodian access, no onboarding friction? • Transitions are smooth, no custodial change, no disruption • M&A trends often overlook entrepreneurial advisors? • Affiliation models built around the advisor • Advisors seek independence, flexibility, and aligned growth? • Flexibility
Slide 10: We Are Clearing-Agnostic
We Are Clearing - Agnostic NO CUSTODIAL DISRUPTION, NO CLIENT PAPERWORK 9
Slide 11: Noteworthy Recent Transactions
• $ 9 billion in assets • Formerly with Raymond James • Over 100 registered representatives • Transferred $ 725 million in total AUM • $ 12 . 5 billion in assets • Formerly with LPL Financial • Over 130 registered representatives • Transferred $ 1 . 62 billion in AUM • $ 10 billion in assets • Forme
Slide 12: Advantage Binah Capital Group
Advantage Binah Capital Group 11 Hybrid - Friendly Model Open Architecture Custodians Advanced Reporting RIA Clearing Growth Services Insurance & Planning Solutions
Slide 13: Selected Financial Data
Selected Financial Data As of September 30, 2025 (unaudited) 12 * Non - GAAP Financial Measures. EBITDA is a non - GAAP financial measure defined as net income (loss) adjusted for depreciation expen se, amortization expense, interest expense, share - based compensation and income tax. Gross profit i
Slide 14: Future Growth Drivers
Future Growth Drivers 13 Strategic M&A roll - ups Organic advisor onboarding Product Development Margin optimization Partnership growth opportunities Services
Slide 15: Investment Highlights
Investment Highlights HYBRID - FRIENDLY, Strategically Aligned Leader in flexible affiliation with deep clearing and custodial relationships SEAMLESS END - TO - END Integration ENables advisors to manage both commission and advisory business with ease TECH - DRIVEN EFFICIENCY Integrated technology e
Slide 16: BCG Offers Meaningful Value Based on Key Recent Transactions
LPL FINANCIAL | COMMONWEALTH FINANCIAL NETWORK 16 BCG Offers Meaningful Value Based on Key Recent Transactions Transaction Value: $2.7 billion Assets Under Management (AUM): $285 billion Valuation Metrics: 0.95% of AUM B. RILEY | STIFEL FINANCIAL CORP. Transaction Value: $27 million - $35 million As
Slide 17: Own Your Journey. Build Your Future.
Own Your Journey. Build Your Future. - Binah Capital Group
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