
CORRECTION – Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
Binah Capital Group, Inc. ('Binah Capital') (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments ('PKS'), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards ('The Wealthies'). The categories are Transition Support / Transition Services, recognizing PKS's excellence in advisor transition solutions, and Chief Executive of the Year, recognizing Katherine Flouton of PKS Investments.
This dual recognition underscores Binah's unmatched commitment to leadership and operational excellence in supporting independent financial advisors through critical growth and transition stages.
With decades of experience and a proven, scalable process, PKS has successfully supported thousands of advisor transitions, helping firms navigate change with confidence, clarity, and continuity. Through high-touch service model, operational excellence, and strategic leadership, PKS has redefined the benchmark for transition support within the wealth management industry.
'We are incredibly proud to see Katherine Flouton and PKS Investments recognized among the industry's top innovators,' said Craig Gould, Chief Executive Officer of Binah Capital Group. 'These nominations reflect our unwavering commitment to empowering independent advisors with the leadership, infrastructure, and flexibility they need to thrive in an evolving landscape.'
Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success.
A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th.
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.
About Purshe Kaplan Sterling Investments
Purshe Kaplan Sterling Investments (PKS) is a leading independent broker-dealer offering comprehensive support services for financial advisors nationwide. PKS's flexible affiliation models, operational precision, and client-first philosophy enable advisors to deliver outstanding service while growing their businesses with confidence.
Contact:
Binah Capital Investor Relations
[email protected]
Binah Capital Public Relations
[email protected]
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 minutes ago
- Yahoo
Nasdaq Boots Windtree a Month After $700M BNB Treasury Pivot Fails to Lift Stock
Windtree Therapeutics, a Pennsylvania-based drug developer, is being delisted from Nasdaq, just over a month after its $700 million pivot into a digital treasury firm focused on Binance's BNB token failed to boost its stock above the exchange's requirements. In an SEC filing published Tuesday, Windtree confirmed trading of its stock on Nasdaq would be suspended at the open on Thursday, August 21, for failing to maintain the $1-per-share minimum bid price. Windtree shares are down 77% on the day to just $0.11. Windtree listed its stock on Nasdaq in May 2020 but has repeatedly struggled to meet listing standards. The exchange moved to suspend Windtree's shares after several bid-price violations since at least June 2022, according to a 2023 SEC filing. Its third and most recent deficiency warning was handed down in December last year. Windtree and Nasdaq did not immediately return Decrypt's request for comment. Late last month, Windtree announced that it would commit and buy up to $700 million in Binance's BNB token, just a day after that crypto hit a new all-time high. Trump Family-Backed Thumzup to Acquire Dogecoin Mining Company While Windtree briefly regained its compliance earlier in March this year, it later lost course as a turbulent pullback in the crypto market began rolling over the past week. Several publicly-listed treasury companies' shares have been diving or slowing in lockstep, including stock from KindlyMD, SharpLink, Coinbase, and Strategy, which hit a 4-month low on Wednesday amid a broader crypto stock slump. As a result of the suspension, the company is moving to the over-the-counter market under the same ticker, WINT. Unlike Nasdaq, which imposes strict listing standards such as minimum bid prices and equity thresholds, OTC venues operate with looser requirements and typically provide less liquidity and visibility. Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered "Distressed firms face a structural mismatch with DAT models,' Ryan Yoon, senior analyst at Tiger Research, told Decrypt. 'While they may initially raise funds despite lacking credibility, subsequent capital raises become increasingly difficult as market skepticism grows." Digital asset treasuries rely on "premium-based funding, but struggling companies can't sustain NAV premiums long-term," Yoon said. Net asset value, or NAV, is the total value of a company's assets minus its liabilities, expressed on a per-share basis. It shows whether a company's stock price is higher or lower than the value of its total assets, including those that aren't from digital assets. "This creates a reverse flywheel during market downturns: asset decline → forced liquidation → further decline," Yoon explained. For one, Yoon points to Michael Saylor's Strategy as having a "powerful narrative in crypto markets" that has created "a template that struggling public companies attempt to replicate." Yet "unlike established DAT firms with operational frameworks," financially struggling companies suddenly pivoting to become digital asset treasury firms "typically lack substance beyond the narrative itself," Yoon said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Insider
11 minutes ago
- Business Insider
SU Group announces 1-for-10 reverse stock split
SU Group (SUGP) 'announced that it will effect a 1-for-10 reverse stock split of its ordinary shares, par value HK$0.01 per share, an increase in its authorized share capital, and an alteration to its share capital structure. The Share Consolidation is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on Nasdaq. There is no guarantee the Company will meet the minimum bid price requirement.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.


Business Insider
25 minutes ago
- Business Insider
Raymond James Reaffirms Their Hold Rating on Jack Henry & Associates (JKHY)
Raymond James analyst John Davis reiterated a Hold rating on Jack Henry & Associates today. The company's shares closed today at $163.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Davis covers the Technology sector, focusing on stocks such as Corpay Inc, Block, and Shift4 Payments. According to TipRanks, Davis has an average return of 2.6% and a 53.19% success rate on recommended stocks. In addition to Raymond James, Jack Henry & Associates also received a Hold from KBW's Vasundhara Govil in a report issued today. However, on the same day, William Blair maintained a Buy rating on Jack Henry & Associates (NASDAQ: JKHY). The company has a one-year high of $196.00 and a one-year low of $157.80. Currently, Jack Henry & Associates has an average volume of 575.5K. Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JKHY in relation to earlier this year. Earlier this month, David Foss, a Director at JKHY sold 5,780.00 shares for a total of $966,878.40.