- CEO
- None
- Full Time Employees
- 2,383
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 11100 Santa Monica Blvd., Suite 800 Los Angeles CA United States of America 90025
- IPO Date
- Dec 6, 2021
- Business
- B. Riley Financial, Inc. (NASDAQ: RILY) operates as a diversified financial services holding company providing investment banking, capital markets, wealth management, financial consulting, auction and liquidation, communications, and consumer brands solutions primarily to corporate, institutional, and high-net-worth clients. The company offers merger and acquisition advisory, restructuring and turnaround services, equity and debt research, institutional sales and trading, retail brokerage, investment management, insurance, tax preparation, valuation and appraisal, securities lending, principal investments in debt and equity, direct lending, brand licensing including Hurley, Justice, bebe, and Scotch & Soda, telecommunications via portfolio companies such as magicJack and Lingo, and asset disposition services; it conducts operations in North America, Australia, and Europe. Founded in 1997 by Bryant Riley as B. Riley & Co. in Los Angeles, California, where it maintains headquarters, the company has expanded through numerous acquisitions including FBR & Co. in 2017, GlassRatner in 2018, National Holdings in 2021, FocalPoint Securities in 2022, and Interface Consulting International in 2024. In recent developments, B. Riley sold its GlassRatner Advisory unit for $117.8 million to TorQuest Partners in June 2025 to sharpen focus on core investment banking and wealth management businesses; completed a carve-out transaction with B. Riley Securities in March 2025; formed a partnership with Oaktree Capital to launch GA Group as an independent entity in November 2024; secured $160 million in debt financing from Oaktree; redeemed its 6.375% Senior Notes due 2025; and announced a corporate name change to BRC Group Holdings, Inc. effective January 1, 2026, reflecting its evolution into a portfolio of distinct financial services, telecom, retail, and investment entities.