Binah Capital Plans Broker-Dealer Deals, RIA Merger as AUM Reaches $30 Billion

1 articles · Updated · Wealth Management · Jun 24

$30 billion-AUM Binah Capital said it is preparing broker-dealer acquisitions, minority investments in partner firms and programs to buy advisors’ commission-based books, with management expecting more inorganic-growth news soon.
Beginning in the third quarter, the public company plans a heavier financing push for existing partners—offering growth capital, succession support and deleveraging options—after testing a few deals within its current network.
By year-end, Binah aims to merge three corporate RIAs into one roughly $3 billion platform, replacing separate sub-$1 billion entities to create a scalable home for advisors giving up their own RIAs.
CEO Craig Gould said the strategy builds on Binah’s multi-clearing model and public-company transparency, which he argues have helped attract large RIA transitions; affiliated partner firms now manage more than $400 billion.