B. Riley Financial (NASDAQ:RILY) is a diversified financial services company headquartered in Los Angeles, California. Through its subsidiaries and operating brands, the company provides investment banking, institutional brokerage, wealth management, asset management and financial advisory services to corporations, institutional investors, private equity sponsors, family offices and individual clients.
The company’s investment banking and brokerage operations, including B. Riley Securities, offer equity and debt financing, mergers and acquisitions advisory, research and sales and trading services. Its wealth and asset management businesses provide portfolio management, alternative investments and related advisory solutions.
B. Riley Financial also operates businesses focused on valuation, appraisal, liquidation, auction and restructuring services. Great American Group, one of its established operating platforms, assists lenders, investors, retailers and other companies with asset valuation, inventory disposition and other financial and operational challenges. The company serves clients primarily in the United States, with select international activities.
Founded in 1997 by Bryant R. Riley, the company has expanded through acquisitions and the development of specialized financial services businesses. Bryant Riley has been a central figure in the company’s leadership and remains associated with its executive management and board.
