The story
Galt & Taggart was founded on 12 December 1995 under the name of LLC Invest Expert. The company's primary activities included securities trading and financial consultancy services. In January 1999, it registered as a securities brokerage firm and obtained a brokerage license from the National Bank of Georgia.
In December 2000, the company was restructured and the name was changed to LLC Galt & Taggart Securities, after the names of the characters from Ayn Rand's novel Atlas Shrugged — John Galt and Dagny Taggart.
From 2000 to 2005, the company's shareholders included several investment banking and finance professionals with international experience in the relevant field. At the end of 2003, Bank of Georgia Group acquired a 35% stake in the company, while it became its 100% shareholder in September 2005.
Between 2006 and 2007, Galt & Taggart established regional representative offices. However, both regional offices were closed in 2008 due to the 2008 financial crisis.
In September 2009, Galt & Taggart changed its name to JSC BG Capital. In August 2014, the company underwent a rebranding and returned to its original name of JSC Galt & Taggart.
In February 2012, Galt & Taggart participated in the restructuring of Bank of Georgia Group, which included exchange of Bank of Georgia’s GDRs and Georgian locally listed common shares into London Stock Exchange common shares (Ticker: BGEO).
In November 2015, Galt & Taggart introduced first online trading platform in Georgia, “G&T Trader”, via white-label partnership with Saxo Bank.
In December 2021, in collaboration with DriveWealth and Bank of Georgia, Galt & Taggart introduced BOG Investments – Bank of Georgia’s mobile application based trading platform focused on mass retail and affluent clients.
From Wikipedia’s article on Galt & Taggart, shared under CC BY-SA 4.0.5