Baker Global Asset Management
Growth Stage
Financial Management
Overview
Platform
Self Managed
Start Date
07/12/2023
Close Date
07/12/2024
Min. Goal
$500
Max. Goal
$5,000,000
Min. Investment
$500
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegA+
Price Per Share
$5.00
Pre-Money Valuation
$7,500,000
Year Founded
2010
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
HAUPPAUGE, New York
Business Type
Growth
Baker Global Asset Management is raising funds independently through Reg A+ crowdfunding. The company owns all of the outstanding stock of Benjamin Securities, a boutique investment firm. Benjamin Securities custom designs portfolios for its clients based on their individual needs and receives a percentage of what is invested. The business negotiates fees based on the type of portfolio needed and earns in proportion to what the clients make. William Thomas Baker founded Baker Global Asset Management in 2010. The current crowdfunding campaign has a maximum target of $5 million. The campaign proceeds will be used for paying off the bridge loan and redemption of preferred stock.
Balance Sheet
|
Cash and Cash Equivalents |
$34,304 |
|
Investment Securities |
$0 |
|
Accounts and Notes Receivable |
$0 |
|
Property, Plant and Equipment (PP&E) |
$0 |
|
Property and Equipment |
$0 |
| Total Assets |
$226,746 |
|
Accounts Payable & Accrued Liabilities |
$0 |
|
Long Term Debt |
$410,083 |
|
Total Liabilities |
$535,852 |
|
Total Stockholders' Equity |
$-309,106 |
| Total Liabilities and Equity |
$226,746 |
Statement of Comprehensive Income Information
|
Total Revenues |
$1,034,079 |
|
Costs & Expenses Applicable to Rev |
$1,032,247 |
|
Depreciation and Amortization |
$0 |
| Net Income |
$1,832 |
|
Earnings Per Share - Basic |
$0.00 |
|
Earnings Per Share - Diluted |
$0.00 |
Auditor: BF Borgers CPA PC
Financials as of: 07/12/2023
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