B. RILEY WEALTH ADVISORS, INC.

RIASEC RegisteredEst. 2005

Total AUM

$4.2B

Discretionary

$2.8B

66% of AUM

Avg account

$398K

Accounts

10,573

Employees

268

Advisory reps

174

Firm details

Headquarters: MEMPHIS, Tennessee
CRD number: 115927
Registered since: November 3, 2005
Website: www.brileywealth.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC, FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals50.67%
HNWI44.76%
Corporations / Businesses2.14%
Pension & Profit Sharing Plans2.03%
Charitable Organizations0.42%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

B. Riley Wealth Advisors, Inc. is an independent registered investment adviser that acts as a capital allocator for both individual/family and institutional clients. The firm has been SEC-registered since 2005 and charges clients through a mix of percentage-of-AUM fees, hourly billing, and fixed fees. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, selection of other advisers, and educational seminars. The firm does not identify as an active ESG investor. It also maintains relationships and roles across the industry — including broker-dealer affiliations, relationships with other investment advisers and accountants, ties to an insurance company, and roles as sponsor/GP/managing member of pooled investment vehicles — which supports its capacity to originate and sponsor private investment vehicles.