B. Riley Financial Inc. 6% Preferred Stock Due 2028 (RILYT)

Overview

B. Riley Financial, Inc. is a diversified financial services company founded in 1973, with its headquarters in Los Angeles, CA. The company specializes in meeting the capital raising and financial advisory needs of both public and private firms across a broad spectrum of industries. B. Riley Financial distinguishes itself through a wide range of services divided into several operational segments, including Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. Each of these segments is designed to cater to the specific needs of its clients, ranging from corporate and institutional clients to high net worth individuals. Through strategic management and a focus on specialized advisory services, B. Riley Financial has established itself as a comprehensive provider of financial solutions and services.

Products and Services

• Capital Markets

Offers a suite of services including investment banking, corporate finance, research, wealth management, and sales and trading. These services are targeted at meeting the needs of corporate, institutional, and high net worth clients, aiming to foster investment growth and financial stability.

• Wealth Management

Provides an array of services such as retail brokerage, investment management, insurance, and tax preparation. This segment focuses on personal finance management, offering clients comprehensive solutions for managing wealth and planning for the future.

• Financial Consulting

Delivers specialized advisory services that cover a wide range from bankruptcy and restructuring to turnaround management, forensic accounting, crisis and litigation support, appraisal and valuation, as well as real estate and operations management. These services are designed to assist organizations in navigating complex financial and operational challenges.

• Auction and Liquidation

Specializes in retail liquidation services, catering to the needs of businesses looking to dispose of assets in a strategic and beneficial manner. This segment helps in maximizing the value recovered from assets through efficient liquidation processes.

• Communications

Comprises a portfolio of companies acquired for their attractive risk-adjusted investment return characteristics. This segment focuses on investing in the communications industry, leveraging B. Riley Financial's expertise to achieve growth and profitability.

• Consumer

Includes notable investments such as Targus and the Brands investment portfolio. This segment targets consumer-focused companies, providing financial solutions and strategic advice to spur growth and improve financial performance.