B. RILEY WEALTH PORTFOLIO ADVISERS, LLC
Adviser information for B. RILEY WEALTH PORTFOLIO ADVISERS, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 11 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 8 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 53 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 535 | $186.1M |
| Non-Discretionary | 0 | $0 |
| Total | 535 | $186.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 441 | $53.2M |
| HNW Individuals | 13 | $10.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 54 | $7.6M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 7 | $106.4M |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 20 | $8.7M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 685 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPension consulting services |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-121341 |
|---|---|
| SEC ERA File Number | 801-121341 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 314171 |
| Legal Entity Identifier | None |
Principal Office
40 SOUTH MAINSUITE 1800
MEMPHIS
TN
United States
Monday - Friday, 8:00 AM - 4:30 PM
Tel: 901-251-1330, Fax: 901-251-1352
Chief Compliance Officer
MARCUS ARNEAUD
5000 T-REX AVENUE
SUITE 300
BOCA RATON
FL
United States
Tel:
561-892-7453
M*******@***************M
(Full email address available in API data)
Regulatory Contact
CHARLOTTE WALLACE
COMPLIANCE OFFICER, ASSOCIATE COUNSEL
40 SOUTH MAIN
SUITE 1800
MEMPHIS
TN
United States
Tel:
9012551408
C*******@***************M
(Full email address available in API data)
Industry Affiliates
| B. RILEY CAPITAL MANAGEMENT | Other investment adviser, including financial planners |
| B. RILEY SECURITIES, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| B. RILEY WEALTH ADVISORS, INC. | Other investment adviser, including financial planners |
| B. RILEY WEALTH INSURANCE | Insurance company or agency |
| B. RILEY WEALTH MANAGEMENT | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| B. RILEY WEALTH PRIVATE SHARES | Other investment adviser, including financial planners |
| B. RILEY WEALTH TAX SERVICES | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BR FINANCIAL HOLDINGS, LLC | Domestic Entity | B. RILEY WEALTH MANAGEMENT HOLDINGS, INC. | PARENT | 04/2021 | > 75% |
| HASTINGS, CHARLES, PETER | Individual | – | CO-CHIEF EXECUTIVE OFFICER, MANAGING MEMBER | 03/2021 | < 5% |
| B. RILEY WEALTH MANAGEMENT HOLDINGS, INC. | Domestic Entity | – | DIRECT OWNER | 03/2021 | > 75% |
| B. RILEY FINANCIAL, INC. | Domestic Entity | B. RILEY WEALTH MANAGEMENT HOLDINGS, INC. | PARENT | 07/2017 | > 75% |
| MULLEN, MICHAEL, ANTHONY | Individual | – | CO-CHIEF EXECUTIVE OFFICER, MANAGING MEMBER | 03/2021 | < 5% |
| REILLY, ROBERT, XAVIER | Individual | – | MANAGING MEMBER | 02/2022 | < 5% |
| ARNEAUD, MARCUS, ANTHONY | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2023 | < 5% |