Description

B. Riley Financial, Inc. provides a comprehensive array of financial services and strategic solutions, catering to the capital formation and advisory demands of both public and private enterprises. Its operations are structured into distinct segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. The Capital Markets division furnishes investment banking, corporate finance expertise, research insights, wealth management offerings, and sales and trading functionalities for corporate entities, institutional investors, and high-net-worth individuals. The Wealth Management segment delivers retail brokerage, investment oversight, insurance provisions, and tax preparation assistance. Its Financial Consulting arm extends specialized guidance across diverse domains, including bankruptcy proceedings, corporate restructuring, turnaround management, forensic accounting, crisis intervention, litigation support, appraisal and valuation services, real estate consultation, and operational efficiency improvements. The Auction and Liquidation unit is dedicated to retail asset disposition services. The Communications segment encompasses a portfolio of acquired companies selected for their attractive risk-adjusted investment return profiles. Finally, the Consumer segment includes the Targus brand and its broader Brands investment portfolio. Founded in 1973, the company is headquartered in Los Angeles, California.