B. Riley Wealth
B. Riley Wealth is the wealth management and financial planning subsidiary of BRC Group Holdings (Nasdaq: RILY), offering brokerage, investment management, insurance, and tax preparation services to individual/institutional clients and to executives of small-cap and middle market companies.
- Company typePublic
- Founded1997
- HeadquartersMemphis, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What B. Riley Wealth does
B. Riley Wealth is the wealth management and financial planning arm of BRC Group Holdings, Inc. (Nasdaq: RILY), a publicly traded diversified holding company founded in 1997 and headquartered at 11100 Santa Monica Blvd, Los Angeles. The firm delivers brokerage, investment management, insurance, and tax preparation services to two primary client groups: (1) individuals and institutions seeking traditional wealth management and financial planning, and (2) small-cap and middle market companies whose executives and stakeholders rely on the firm's integrated advisory capabilities. Across the broader BRCGH platform, the firm claims a cumulative 900k clients served and reach across 100 global markets, with 1,600 team members spanning the holding company's portfolio companies.
The underlying operating model is relationship-driven rather than technology-led; core technology is not explicitly disclosed in available sources and no proprietary AI/ML features, APIs, or productized technology stack are documented. Revenue mechanics combine recurring wealth management fees (brokerage, investment management, ongoing planning), episodic transaction-based income, insurance commissions, and tax preparation fees, all delivered through direct client relationships established via the holding company's decades-long C-Suite network in the small-cap/middle market. The firm sits within a multi-segment holding company whose other operations include capital markets (B. Riley Securities), communications (CREDO Mobile, United Online, magicJack, Lingo), retail (Targus), and other financial services (GA Group).
In April 2026, BRCGH announced the planned merger of B. Riley Securities with B. Riley Wealth by year-end 2026 (subject to FINRA Rule 1017 approval) to create a unified investment banking and wealth management platform, accompanied by a leadership restructuring at BRS. The parent reported Q1 2026 net income of $211.3M and Adjusted EBITDA of $262.2M, and BRC Specialty Finance has begun deploying capital into adjacent verticals, including a $20M senior secured loan to an AI-driven HPC data center infrastructure provider. These moves indicate an active consolidation and capital deployment strategy intended to expand the wealth franchise's addressable market and deepen wallet share within existing small-cap/middle market relationships.
B. Riley Wealth firmographics
Firmographics- Name
- B. Riley Wealth
- Legal name
- BRC Group Holdings, Inc.
- Website
- https://brileyfin.com
- Company type
- Public
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- B. Riley Wealth is the wealth management and financial planning subsidiary of BRC Group Holdings (Nasdaq: RILY), offering brokerage, investment management, insurance, and tax preparation services to individual/institutional clients and to executives of small-cap and middle market companies.
- Ownership category
- akta.pro rank
B. Riley Wealth industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)
- akta.pro secondary industries
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where B. Riley Wealth is headquartered
LocationHeadquarters
- HQ city
- Memphis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
B. Riley Wealth business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Wealth Management Services: Wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation
- Capital Markets Services: Comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring as part of integrated financial services platform
Go-to-market motion1 record
Distribution channels1 record
B. Riley Wealth product offering
Product offeringCore offering
B. Riley Wealth delivers wealth management and financial planning services, including brokerage, investment management, insurance, and tax preparation, to individual and institutional clients. Operating as the wealth management sub-brand of BRC Group Holdings, Inc. (Nasdaq: RILY), the firm serves the personal and professional financial needs of small-cap and middle market executives and their families as part of an integrated investment banking and wealth management platform.
Product overview
B. Riley Wealth operates as a sub-brand within BRC Group Holdings' financial services platform, offering wealth management and financial planning services. It is part of a unified investment banking and wealth management platform being consolidated with B. Riley Securities. The company's core offerings include brokerage services, investment management, insurance, and tax preparation, serving small-cap and middle market clients alongside the affiliated B. Riley Securities investment banking operations.
Differentiator
Problem solved
Functional benefit
Products and services
- B. Riley Wealth Management Wealth management and financial planning services for individual and institutional clients, offered as part of BRC Group Holdings' integrated financial services platform.
- Brokerage Services Brokerage services for individual and institutional wealth management clients.
- Investment Management Investment management services for wealth management clients.
- Insurance Services Insurance products and advisory services for wealth management clients.
- Tax Preparation Services Tax preparation services for wealth management and financial planning clients.
Companies that use B. Riley Wealth
Customer profileSegments2 records
Ideal customer profiles2 records
B. Riley Wealth technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
B. Riley Wealth partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- B. Riley SecuritiescoreBRC Group Holdings announced plans to merge B. Riley Securities with B. Riley Wealth by year-end to create a unified investment banking and wealth management platform. The merger consolidates ownership (repurchasing approximately 8% minority shares) and integrates capital markets and wealth management capabilities to better serve small-cap and middle market clients. Subject to regulatory approval including FINRA review under Rule 1017.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
B. Riley Wealth competitors and assessment
Company assessmentDirect peers
- Cetera Financial Group: Independent advisor-focused wealth management platform serving individual investors through financial advisors. Comparable to B. Riley Wealth in providing brokerage, investment management, and insurance solutions through an affiliated advisor network.
- Stifel Financial Corp. Mid-market focused investment bank and wealth manager. Stifel's Private Client Group is among the most direct competitors to B. Riley Wealth given its parallel emphasis on middle-market companies, advisor recruitment, and integrated wealth + capital markets coverage.
- Raymond James Financial: Public diversified financial services firm with a substantial Private Client Group wealth management franchise. Comparable as a comprehensive wealth and investment banking platform, though significantly larger and more diversified by geography and product mix.
- Janney Montgomery Scott: Private, employee-owned wealth management and investment banking firm focused on middle-market companies and high-net-worth individuals. Highly comparable to B. Riley Wealth in scale, private ownership structure, and integrated capital markets + wealth model.
- Oppenheimer & Co. Full-service investment bank and wealth manager with comparable integrated capital markets, M&A, and private client wealth management franchises. Closely comparable in serving small-cap and middle-market issuers alongside high-net-worth individuals.
- Focus Financial Partners: Partnership platform of independent wealth management firms. Comparable to B. Riley Wealth in offering advisor transition and integrated wealth services, with similar focus on the high-net-worth and ultra-high-net-worth client segments.
- Hightower Advisors: Large RIA platform serving high-net-worth individuals and families with comprehensive wealth management, investment advisory, and financial planning services. Comparable to B. Riley Wealth as a multi-channel wealth manager competing for the same advisor talent and client base.
- Robert W. Baird & Co. Employee-owned wealth management and investment banking firm. Comparable in its integrated platform model, middle-market focus, and employee ownership — though Baird operates with materially larger wealth AUM and global footprint.
Broad incumbents
- LPL Financial Holdings: Largest independent broker-dealer and RIA custodian in the U.S., serving independent financial advisors with brokerage, investment advisory, and wealth management infrastructure. Broader incumbent to B. Riley Wealth's wealth business given comparable advisor support model, though B. Riley Wealth retains integrated investment banking distribution that LPL does not offer.
- Morgan Stanley Wealth Management: One of the largest U.S. wealth management franchises with extensive advisor coverage. Acts as a broad incumbent to B. Riley Wealth in the high-net-worth and ultra-high-net-worth advisory market, though Morgan Stanley's scale and product breadth far exceed B. Riley Wealth's.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
B. Riley Wealth social profiles
Digital presenceB. Riley Wealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
B. Riley Wealth leadership team
Management profileNumber of profiles
Profiles2 records
B. Riley Wealth subsidiaries and ownership
Company hierarchySubsidiaries8 records
B. Riley Wealth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
B. Riley Wealth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about B. Riley Wealth
What does B. Riley Wealth do?
B. Riley Wealth delivers wealth management and financial planning services, including brokerage, investment management, insurance, and tax preparation, to individual and institutional clients. Operating as the wealth management sub-brand of BRC Group Holdings, Inc. (Nasdaq: RILY), the firm serves the personal and professional financial needs of small-cap and middle market executives and their families as part of an integrated investment banking and wealth management platform.
Is B. Riley Wealth a public or private company?
B. Riley Wealth is a public company. It is classified as public and is currently operating.
When was B. Riley Wealth founded?
B. Riley Wealth was founded in 1997. It employs 1,001 to 5,000 people.
Where is B. Riley Wealth based?
B. Riley Wealth is headquartered in Memphis, United States, in the North America region.
How does B. Riley Wealth make money?
Two revenue lines are on record. Wealth Management Services are the primary driver. The others are capital Markets Services.
Who are B. Riley Wealth's main competitors?
Direct peers on record are Cetera Financial Group, Stifel Financial Corp., Raymond James Financial, Janney Montgomery Scott, Oppenheimer & Co., Focus Financial Partners, Hightower Advisors and Robert W. Baird & Co.. Broad incumbents are LPL Financial Holdings and Morgan Stanley Wealth Management.
Does B. Riley Wealth have an API?
No public API is recorded for B. Riley Wealth.
What industry is B. Riley Wealth in?
B. Riley Wealth's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers, with a secondary code of FSAEABAA, Registered Investment Advisor (RIA) Wealth Management. Its NAICS code is 52394 and its SIC code is 6282.