- CEO
- Bryant Richard Riley
- Full Time Employees
- 2,383
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 11100 Santa Monica Boulevard Los Angeles CA United States of America 90025
- IPO Date
- Mar 30, 2021
- Business
- B. Riley Financial, Inc. is a diversified financial services company that provides investment banking, capital markets, wealth management, financial consulting, auction and liquidation, communications, and consumer brand services to corporate, institutional, and high net-worth clients. The company operates through segments including Capital Markets, offering investment banking, equity research, institutional sales and trading, securities lending, fund and asset management, direct lending, venture capital, proprietary trading, merger and acquisition advisory, restructuring, recapitalization, public and private equity offerings, and debt financing solutions; Wealth Management, providing financial planning, investment advisory, brokerage, and tax services; Financial Consulting, delivering bankruptcy restructuring, turnaround management, forensic accounting, litigation support, valuation, appraisal, and real estate services; Auction and Liquidation, conducting retail and asset disposition services; Communications, offering dial-up, mobile broadband, VoIP, and cloud-based telephony under brands like NetZero, Juno, and magicJack; and Consumer, managing brand licensing and product sales including laptop accessories. Founded in 1997 and headquartered in Los Angeles, California, B. Riley Financial serves clients across North America, Australia, Asia Pacific, and Europe, with principal investments in sectors like technology, retail brands (e.g., bebe, Hurley, Justice), and opportunistic direct lending. Recent developments include the June 2025 sale of GlassRatner to TorQuest Partners for $117.8 million; a March 2025 carve-out transaction with B. Riley Securities; the November 2024 launch of GA Group via partnership with Oaktree; the July 2024 acquisition of Interface Consulting International for engineering and construction advisory; the October 2024 securing of $236 million in cash proceeds from brands assets to reduce senior secured debt; and ongoing strategic initiatives such as refinancing and asset sales to deleverage the balance sheet, including completion of the redemption of 6.375% Senior Notes due 2025 and $160 million debt financing from Oaktree.