B. RILEY WEALTH PRIVATE SHARES
B. RILEY WEALTH PRIVATE SHARES, LLC Legal Name
Adviser information for B. RILEY WEALTH PRIVATE SHARES last updated from Form ADV on March 29th, 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 | 13 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 12 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 9 | $297.4M |
| Non-Discretionary | 0 | $0 |
| Total | 9 | $297.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 9 | $297.4M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-122228 |
|---|---|
| SEC ERA File Number | 801-122228 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 315851 |
| Legal Entity Identifier | None |
Principal Office
40 S. MAIN ST.SUITE 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
40 S. MAIN ST.
SUITE 1800
MEMPHIS
TN
United States
Tel:
901-255-1408
C*******@***************M
(Full email address available in API data)
Industry Affiliates
| B. RILEY CAPITAL MANAGEMENT | Other investment adviser, including financial planners |
| B. RILEY PRIVATE SHARES MANAGEMENT 2022-1, LLC | Sponsor, GP, manager of pooled investment vehicles |
| 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 CORPORATION | Insurance company or agency |
| B. RILEY WEALTH MANAGEMENT | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| B. RILEY WEALTH PORTFOLIO ADVISERS, LLC | Other investment adviser, including financial planners |
| B. RILEY WEALTH TAX SERVICES | Accountant or accounting firm |
| NAM SPECIAL SITUATIONS MANAGEMENT LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| B. RILEY PRIVATE SHARES 2023-2 QC, LLC | Private Equity Fund | $8.2M | $0.1M | 85 |
| B. RILEY PRIVATE SHARES 2023-2 QP, LLC | Private Equity Fund | $248.6M | $0.1M | 312 |
| B. RILEY PRIVATE SHARES FUND 2022-1 QP, LLC | Private Equity Fund | $1.7M | $0.1M | 31 |
| B. RILEY PRIVATE SHARES FUND 2022-1, LLC | Private Equity Fund | $3.7M | $0.1M | 56 |
| B. RILEY PRIVATE SHARES FUND 2023-1, LLC | Private Equity Fund | $10.9M | $0.0M | 69 |
| NAM SPECIAL SITUATIONS FUND I QP, LLC SERIES F1 | Private Equity Fund | $22.8M | $0.0M | 156 |
| NAM SPECIAL SITUATIONS FUND III, LLC MAGIC LEAP SERIES 1 | Private Equity Fund | $0.0M | $0.0M | 97 |
| NAM SPECIAL SITUATIONS FUND VII, LLC | Private Equity Fund | $0.1M | $0.0M | 9 |
| SOCIAL INTERNET FUND I, LLC | Private Equity Fund | $1.4M | $0.1M | 100 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HASTINGS, CHARLES, PETER | Individual | – | MANAGING MEMBER | 07/2021 | < 5% |
| MULLEN, MICHAEL, ANTHONY | Individual | – | MANAGING MEMBER | 07/2021 | < 5% |
| BR FINANCIAL HOLDINGS, LLC | Domestic Entity | B. RILEY WEALTH MANAGEMENT HOLDINGS, INC. | PARENT | 04/2021 | > 75% |
| B. RILEY FINANCIAL, INC. | Domestic Entity | BR FINANCIAL HOLDINGS, LLC | PARENT | 04/2021 | > 75% |
| MARKUNAS, MICHAEL | Individual | – | GENERAL COUNSEL | 10/2021 | < 5% |
| ZANONE, PHILIP, RICHARD | Individual | – | MANAGING MEMBER | 02/2022 | < 5% |
| B. RILEY WEALTH MANAGEMENT HOLDINGS, INC. | Domestic Entity | – | PARENT COMPANY | 07/2021 | > 75% |
| ARNEAUD, MARCUS, ANTHONY | Individual | – | CHIEF COMPLIANCE OFFICER | 08/2022 | < 5% |