Latest news with #2025WealthManagementIndustryAwards
Business Upturn
2 days ago
- Business
- Business Upturn
CORRECTION – Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline on Thursday, June 5th by Binah Capital Group (Nasdaq: BCG), please note that the last sentence of the first paragraph has been revised. The corrected release follows: 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 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: 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.
Yahoo
2 days ago
- Business
- Yahoo
CORRECTION - Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
- Dual Recognition Underscores Binah's Unmatched Commitment to Leadership and Operational Excellence - NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, June 5th by Binah Capital Group (Nasdaq: BCG), please note that the last sentence of the first paragraph has been revised. The corrected release follows: 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 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 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: About Purshe Kaplan Sterling InvestmentsPurshe 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 Relationsir@ Binah Capital Public Relationsmedia@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Avantax Named Finalist in Practice Management Category at the 2025 WealthManagement.com "Wealthies" Industry Awards
Home-grown "Rise to Elite" program helping Financial Professionals to grow their practice has quickly evolved into a defining element of the Avantax Community DALLAS, June 6, 2025 /PRNewswire/ -- Avantax, a community of tax-focused financial professionals within Cetera, has been recognized as a finalist in the 2025 Wealth Management Industry Awards ("Wealthies")* for Practice Management among broker-dealers with 1,000 or more advisors. Now in its 11th year, the annual Industry Awards honors the individuals, organizations and companies that help financial advisors build better businesses and pursue better outcomes for their clients. Avantax is a 2025 "Wealthies" finalist for "Avantax Rise to Elite," its home-grown, complimentary peer-to-peer coaching program for firms aspiring to achieve significant growth in their wealth management business. Crafted by the Avantax Home Office team and Avantax Financial Professionals specifically for their growth-oriented peers, the curriculum offers scalable, repeatable business strategies complemented by coaching and accountability partners. Rise to Elite offers peer mentorship for financial professionals. It provides collaborative growth through coaching, strategic planning, and ongoing support. Central to its ethos is the provision of access to small group coaching sessions, where advisors can engage in discussions, share insights, and glean wisdom and best practices from experienced mentors. The program ensures participants are equipped with tools and knowledge needed to grow their firms to the next level and serve clients effectively. Beyond instruction, the program helps foster meaningful relationships with successful Financial Professionals who share similar aspirations and objectives. Results achieved by Rise to Elite graduates underscore the program's efficacy. For example, there's a notable uptick in both AUA and client acquisition among program participants, and on average, Rise to Elite graduates report a 15% to 20% year-over-year increase in their AUM in comparison to similarly situated peers. "The momentum behind Rise to Elite over the past year has been truly remarkable," said Nona Rosa, Advisor Growth Coaching Officer at Cetera. "What started as a new program has quickly evolved into a defining element of the Avantax Community. It embodies our belief that success is amplified through our community's unique approach to collaboration – where advisors not only strive for their own growth but passionately celebrate the achievements of their peers. That spirit of unity and shared purpose is what makes Rise to Elite so powerful." Rosa said long-time elite independent Avantax financial advisor Kyle Johnson, a coach in the Rise to Elite program and owner of Link Wealth Strategies in Topeka, Kansas, personifies advisors' spirit of collaboration. "Watching advisors grow through Rise to Elite this past year has been one of the most rewarding experiences of my career," Johnson said. "This isn't just about hitting milestones, it's about unlocking potential, building confidence, and creating a growth culture where success is shared. The camaraderie, the breakthroughs, the personal wins – every single moment we're together – reinforces why this program matters. It's a privilege to help guide such driven professionals along their unique growth journeys." Avantax will be recognized alongside other finalists at the Wealth Management Industry Awards Gala, which will take place Sept. 4, 2025, at Cipriani 42nd Street in New York City. Tax and financial professionals can learn more about Avantax by clicking here. About Avantax®Avantax, a unique community within Cetera Holdings ("Cetera"), delivers tax-intelligent wealth management solutions for financial professionals, tax professionals and CPA firms, supporting its goal of minimizing clients' tax burdens through comprehensive tax-intelligent financial planning. Avantax has two distinct, but related, models within its business: the independent Financial Professional model and the employee-based model. Avantax refers to its independent Financial Professional model as Avantax Wealth Management®. Avantax Wealth Management (AWM) works with a nationwide network of Financial Professionals operating as independent contractors and offers its services through its registered broker-dealer, Avantax Investment Services, Inc., Member FINRA, SIPC, registered investment advisor (RIA), Avantax Advisory Services, Inc., and insurance agency subsidiaries. We refer to our employee-based model as Avantax Planning Partners℠. Avantax Planning Partners offers services through its RIA, insurance agency, and affiliated broker-dealer, Avantax Investment Services, Inc., and partners with CPA firms to provide their consumer and small-business clients with holistic financial planning and advisory services. Avantax is a wholly owned subsidiary of Cetera Holdings, which refers to Aretec Group, Inc. For additional information, please visit *The Industry Awards program recognizes outstanding organizations and individuals that support financial advisor success. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client. No compensation was provided directly or indirectly by the recipient for participation or in connection with obtaining or using the third-party rating or award. View original content to download multimedia: SOURCE Avantax 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
Yahoo
3 days ago
- Business
- Yahoo
Cetera Recognized as Finalist for Three "Wealthies" Awards
SAN DIEGO, June 6, 2025 /PRNewswire/ -- Cetera and its affiliated companies ("Cetera") have been recognized as a finalist for three 2025 Wealth Management Industry Awards ("Wealthies")* in the categories of Digital Marketing Campaign of the Year, Transition Support, and Practice Management. Cetera will be recognized alongside other finalists at the Wealth Management Industry Awards Gala, Sept. 4, 2025, at Cipriani 42nd Street in New York City. Cetera is a 2025 "Wealthies" finalist for the following initiatives: Omni Channel Campaign– Digital Marketing Campaign of the Year – Cetera earned a nomination for Digital Campaign of the Year in recognition of our GrowthLine's program's** measurable success and market impact – a strategic commercial acceleration program within its Growth360 platform. GrowthLine provides affiliated advisors with a data-driven blueprint for accelerating growth – integrating strategic planning, marketing enablement, and client acquisition support. Central to the campaign was the debut of Cetera's industry-first Growth Guarantee, which pledges 50% faster growth in assets under administration, or a full refund of affiliation fees. Through this dynamic, omni-channel launch strategy, the campaign delivered exceptional engagement and further solidified Cetera's reputation as the industry's most invested partner in advisor growth. Onboarding Navigator – Transition Support – Onboarding Navigator, Cetera's latest evolution of its award-winning Accesslink onboarding program, introduces enhanced real-time, interactive reporting capabilities that empower stakeholders with comprehensive progress tracking from both a project management and asset realization standpoint. Designed to streamline and support every aspect of the transition and onboarding process, this updated iteration offers greater transparency and personalized assistance. With features such as weekly progress reports, advisor training programs, and timely book-of-business reviews, Onboarding Navigator ensures a seamless, well-supported experience for all involved. Avantax "Rise to Elite" Peer Mentorship Program – Practice Management – Rise to Elite from Avantax, a community of tax-focused financial professionals within Cetera Holdings***, is a home-grown, complimentary peer-to-peer coaching program for firms aspiring to achieve significant growth in their wealth management business. Crafted by the Avantax Home Office team and Avantax financial professionals specifically for their growth-oriented peers, the curriculum offers scalable, repeatable business strategies complemented by coaching and accountability partners. Now in its 11th year, the annual industry awards program – known as the "Wealthies" – honors individuals, organizations and companies that help financial advisors build better businesses and pursue better outcomes for their clients. More than 1,200 nominations were submitted for Wealthies 2025 consideration. About CeteraCetera Financial Group is the premier financial advisor Wealth Hub, empowering independent advisors and institutions with personalized support, flexible affiliation models, and end-to-end growth solutions. Home to approximately 12,000 advisors and institutions, Cetera's multi-channel ecosystem enables financial professionals to grow, scale or transition their businesses on their own terms. Unlike traditional IBDs, Cetera offers true choice – blending modern technology, integrated wealth solutions, and a community-driven culture. Cetera's four-channel model and commitment to long-term advisor value provide a scalable blueprint for consistent, repeatable growth. As of March 31, 2025, Cetera manages more than $554 billion in assets under administration and $246 billion in assets under management. Its award-winning Voice of the Customer program has captured more than 40,000 advisor reviews, with over 35,000 five-star ratings, giving Cetera a 4.8 out of 5 satisfaction score. Learn more at and follow Cetera on LinkedIn, YouTube, X, and Facebook. "Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Investment Advisers LLC, a registered investment adviser, and the following FINRA/SIPC members: Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. Located at 655 W. Broadway, 11th Floor, San Diego, CA 92101. Avantax, a unique community within Cetera Holdings, delivers tax-intelligent wealth management solutions for financial professionals, tax professionals and CPA firms, supporting its goal of minimizing clients' tax burdens through comprehensive tax-intelligent financial planning. Avantax Wealth Management (AWM) works with a nationwide network of Financial Professionals operating as independent contractors and offers its services through its registered broker-dealer, Avantax Investment Services, Inc., Member FINRA, SIPC, registered investment advisor (RIA), Avantax Advisory Services, Inc., and insurance agency subsidiaries. For additional information, please visit *The Industry Awards program recognizes outstanding organizations and individuals that support financial advisor success. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client. No compensation was provided directly or indirectly by the recipient for participation or in connection with obtaining or using the third-party rating or award. ** If an advisor joins a broker-dealer and/or registered investment adviser affiliated with Cetera Financial Group, Inc. (a "Cetera Company") and participates in our GrowthLine program, but does not grow assets under administration at least 50% faster than their peer group during the year following the latter of the date the program is completed or that advisor's four-month affiliation anniversary (the "Measurement Period"), then the Cetera Company will refund the advisor's affiliation fees for that year, up to $2,400, upon request (the "Growth Guarantee"). "Peer Group" includes all individuals who registered with a Cetera Company before 2020 and remained registered throughout the Measurement Period and who had verified assets under administration exceeding $20,000,000 at the beginning of the Measurement Period. The GrowthLine Program is a marketing program and does not improve clients' account performance or provide investment advice. For purposes of the Growth Guarantee, market performance is excluded from the comparison of the advisor's growth rate and the Peer Group's growth rate during the Measurement Period. The Growth Guarantee is only available to the primary principal of new affiliates of a Cetera Company that have reviewed the Growth Guarantee terms and conditions and have completed all aspects of the GrowthLine program within six months of affiliation. The Growth Guarantee is limited to one primary principal from each newly affiliating group of advisors joining as a team. Refund requests must be received within 90 days of the expiration of the Measurement Period. Affiliation Fees will be refunded within four weeks of a valid refund request along with supporting documentation. No other charges, expenses or market losses will be refunded. The Growth Guarantee does not modify or alter the terms and conditions of any agreements between the advisor and a Cetera Company and/or affiliate. An advisor is not eligible for the Growth Guarantee if: currently affiliated with a Cetera Company, no affiliation fee was paid by the advisor, the advisor's affiliation is a result of a merger or acquisition, and/or the advisor has an outside registered investment adviser firm. Other restrictions may apply. Cetera reserves the right to change or terminate the Growth Guarantee at any time. *** Cetera Holdings, which refers to Aretec Group, Inc., is the parent company of Avantax and Cetera Financial Group, Inc. View original content to download multimedia: SOURCE Cetera Financial Group
Yahoo
3 days ago
- Business
- Yahoo
Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
- Dual Recognition Underscores Binah's Unmatched Commitment to Leadership and Operational Excellence - NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- 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 Officer of the Year, recognizing Katherine Flouton, CEO 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 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 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: About Purshe Kaplan Sterling InvestmentsPurshe 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 Relationsir@ Binah Capital Public Relationsmedia@
