Company Description
Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States.
It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments. The company offers Ben AltAccess platform for secure, online, and end-to-end delivery of each of the Ben business unit products and services, including upload documents, and work through tasks, and complete their transactions with standardized transaction agreements.
It also provides Ben Liquidity, which offers alternative asset liquidity and fiduciary financing products; Ben Custody that provides custody and trust administration services to trustees and document custodian services to customers; and Ben Markets, which provides broker-dealer and transfer agency services.
In addition, the company provides Ben Insurance Services, which offers insurance products and services; and Ben Data that provides data collection, evaluation, and analytics products and services.
It serves individual and institutional investors, wealth advisors, and general partners. Beneficient is based in Dallas, Texas.
| Country | United States |
| Founded | 2003 |
| Industry | Asset Management |
| Sector | Financials |
| Employees | 80 |
| CEO | Brad Heppner |
Contact Details
Address: 325 North Saint Paul Street, Suite 4850 Dallas, Texas 75201 United States | |
| Phone | 214 445 4700 |
| Website | trustben.com |
Stock Details
| Ticker Symbol | BENF |
| Exchange | NASDAQ |
| Fiscal Year | April - March |
| Reporting Currency | USD |
| CIK Code | 0001775734 |
| CUSIP Number | 08178Q101 |
| ISIN Number | US08178Q1013 |
| Employer ID | 72-1573705 |
| SIC Code | 6199 |
Key Executives
| Name | Position |
|---|---|
| Brad K. Heppner | Founder, Chairman and Chief Executive Officer |
| Derek L. Fletcher | President of BFF, Chief Fiduciary Officer and Director |
| Gregory W. Ezell | Chief Financial Officer |
| Maria S. Rutledge | Chief Technology Officer |
| David Rost | General Counsel |
| Jeff Welday | Global Head of Originations and Distribution |
| Scott W. Wilson | Chief Underwriting Officer |
| Casey Brunner | MD and Head of Sponsor Firm Preferred Liquidity Program |
| Maureen S. Downey | Managing Director of Underwriting |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 15, 2024 | 424B3 | Prospectus |
| Nov 14, 2024 | 10-Q | Quarterly Report |
| Nov 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 14, 2024 | 8-K | Current Report |
| Nov 14, 2024 | 424B3 | Prospectus |
| Nov 14, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Nov 12, 2024 | EFFECT | Notice of Effectiveness |
| Nov 8, 2024 | S-1/A | [Amend] General form for registration of securities under the Securities Act of 1933 |
| Oct 30, 2024 | 8-K | Current Report |
| Oct 24, 2024 | S-1/A | [Amend] General form for registration of securities under the Securities Act of 1933 |