DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

B. Riley Wealth Advisors, Inc.

Broker-dealer affiliated wealth managerMemphis, TennesseeCRD 115927SEC 801-64837website IAPD

Latest filing Mar 31, 2026

First filing on the tape Dec 1, 2011 · 112 filings

SEC status approved since Nov 3, 2005

RAUM

$4.2B

reported, Item 5.F

Discretionary

66%

of RAUM

Private clients

95%

$4.0B individuals and HNW

Advisors

167

registered through the firm on IAPD

RAUM per advisor

$25.2M

derived; firm RAUM over IAPD count

Employees

268

172 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

112 filings and snapshots on the tape

RAUM$4.2B as of Mar 31, 2026

Dec 1, 2011$503M then

HNW client RAUM$1.9B as of Mar 31, 2026

Jan 29, 2018$273M then

State-registered IARs (5.B.3)172 as of Mar 31, 2026

Dec 19, 2012135 then

Employees (5.A)268 as of Mar 31, 2026

Dec 19, 2012156 then

Private funds22 as of Dec 23, 2021

Dec 19, 20123 then

RAUM -40% over the last fiscal year-15% a year over threeIARs 274 to 172

Practice profile

derived from the filing of Mar 31, 2026; every figure names its basis

Archetypes, each a printed rule

Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets

RAUM per advisor: $25.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 60derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $2.4MderivedHNW RAUM over HNW clients
Average account: $398,338derivedRAUM over accounts (5.F.2.f)
Discretionary: 66%derivedof RAUM
Institutional: 2.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.6derivedItem 5.A over advisors
Advisors per office: 1.7derived96 offices incl. principal (1.F.5)
RAUM growth, one year: -40%derivedbetween the last two annual amendments
Advisor growth, one year: -37%derivedItem 5.B.3 between annual amendments
Client growth, one year: -40%derived
Compensation: percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program: $2.9BreportedItem 5.I
Custody: $402M, 535 clientsreportedItem 9.A
Ownership: no PE, bank or public-company owner found on Schedule Aderived
Advisor book size: not public; not estimatedreported

Also answered yes on Form ADV

buys or sells securities as principal to or from clients (8.A.2)
has discretionary authority over which securities are bought or sold (8.C.1)
receives research or other products from a broker-dealer, soft dollars (8.E)
compensates persons for client referrals (8.G.1)
compensates non-employees for client referrals (8.G.2)
has custody of client cash or bank accounts (9.A.1.a)
has custody of client securities (9.A.1.b)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Individuals$2.1B51%
High-net-worth individuals$1.9B45%
Corporations and businesses$89.9M2.1%
Pension and profit-sharing plans$85.3M2.0%
Charitable organizations$17.5M0.4%

Individual clients: 9,295reported
HNW clients: 801reported
Pension plan clients: 267reported
Charitable clients: 16reported
Accounts: 10,573reported
Financial planning clients: 26-50reported
Wrap fee programs: $0 sponsored, $0 managedreported
Custody of client assets: $402M for 535 clientsreported
Compensation: % of AUM, fixed, hourlyreported
Class basis: private_client_share=0.95 fund_share=0.0 institutional_share=0.02 related_bd=true related_bank=false bd_reps=192.0derived

Advisors registered through the firm

167 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Garrick Burton Gowing	Seattle, Wa	Apr 6, 2005	32 y	0
Jody Scott Balmer	Newcastle, Wa	Apr 29, 2005	33 y	0
Allen George Oechsner	Bluffton, Sc	Aug 13, 2008	31 y	0
Woodworth Steven Anderson	Seattle, Wa	Jul 23, 2009	42 y	0
Ruth Joan Hauck	Bluffton, Sc	Sep 29, 2009	39 y	0
Kenneth Joseph Gilmore	Chatham, Nj	Jan 28, 2010	44 y	1
Andrew Charles Tennent	Chicago, Il	Sep 16, 2011	35 y	0
Michael Anthony Mullen	Red Bank, Nj	Jan 13, 2012	37 y	0
Richard Bruce Goldstein	Livermore, Ca	May 25, 2012	43 y	6
Peter Jeremy Sarner	Lyme, Ct	Apr 16, 2013	31 y	1
Dragi Paunovski	Estero, Fl	Apr 23, 2013	24 y	3
David William FrederickCertified Financial Planner, Chartered Financial Consultant	Poughkeepsie, Ny	May 2, 2014	28 y	1
Kenneth Gary Copans	New Windsor, Ny	May 2, 2014	26 y	1
Domenick Robert Tibaldo	Teaneck, Nj	May 2, 2014	28 y	3
Cary Michael Levine	Jupiter, Fl	May 19, 2014	26 y	1
Dominick Anthony Ciocia	Lake Ronkonkoma, Ny	Jun 20, 2014	36 y	1
William Donald DunstanChartered Financial Consultant	Poughkeepsie, Ny	Jun 20, 2014	39 y	1
Dale Enright Smith	Boca Raton, Fl	Aug 18, 2014	22 y	0
Bradley Philip Harrison	Red Bank, Nj	Oct 29, 2014	28 y	2
Edward Lawrence Strauss	Odessa, Fl	Nov 26, 2014	33 y	1
Rodney James Kleiver	Bonita Springs, Fl	Jun 19, 2015	15 y	0
Emily Plauche MaxwellCertified Financial Planner	Natchez, Ms	Jun 24, 2015	25 y	3
Thomas Joseph Murray	Summit, Nj	Jul 15, 2015	28 y	1
Susan Lemieux	Orleans, Ma	Oct 5, 2015	12 y	0
Sean Paul Price	Winter Park, Fl	Nov 4, 2015	29 y	1
Mike Angelopoulos	Chicago, Il	Mar 15, 2016	26 y	1
Vincent Anthony Maiorano	Delray Beach, Fl	Mar 22, 2016	10 y	0
Kurt John Hilger	Renton, Wa	Jul 28, 2016	29 y	2
Michael Anthony Brcic	The Woodlands, Tx	Jan 19, 2017	35 y	3
Dale Edward Groce	Glenshaw, Pa	Mar 2, 2017	29 y	1
Jorge Christian Chain	Boca Raton, Fl	Mar 23, 2017	34 y	11
Agoston Stephen Horvath	Fort Collins, Co	Aug 3, 2017	16 y	2
Louis Daniel Fry	Little Rock, Ar	Aug 3, 2017	27 y	2
Neal Thomas LeischCertified Financial Planner	San Diego, Ca	Aug 21, 2017	28 y	3
Jay B Gadberry	Little Rock, Ar	Aug 23, 2017	39 y	4
Michael Truett Mcintyre	Chicago, Il	Aug 24, 2017	29 y	1
George Einar Ray	Nacogdoches, Tx	Sep 21, 2017	45 y	2
Muhammad Usman Zia	Miami, Fl	Nov 15, 2017	17 y	0
James Allen Tolbert	The Woodlands, Tx	Dec 1, 2017	45 y	5
Timothy Mark Harrison	The Woodlands, Tx	Jan 12, 2018	32 y	3

All 167 advisors at B. Riley Wealth Advisors, Inc.

Advisor movement

10 left, 1 joined in 12 months

net -9 in 12 months3 left in 90 days0 joined in 90 daysdeparture rate 6.0% of current headcount176 left over 36 months

Left, latest

Scott E Anderson to Merrill Lynch, Pierce, Fenner & Smith Incorporated
Sep 10, 2026 · Affiliated broker-dealer or bank to wirehouse
Russell Marc Fiske to A.G.P / Alliance Global Partners
Jun 29, 2026 · Affiliated broker-dealer or bank to independent RIA
Joshua Robert Barg to A.G.P / Alliance Global Partners
Jun 29, 2026 · Affiliated broker-dealer or bank to independent RIA
William Mitchell Lefkowitz to Nfsg Corporation
Jun 8, 2026 · Affiliated broker-dealer or bank to another
Leonard James Scandariato to Oppenheimer & Co. Inc.
Apr 2, 2026 · Affiliated broker-dealer or bank to another
David Keith Cole to Prospera Financial Services, Inc.
Apr 2, 2026 · Affiliated broker-dealer or bank to another
Kelly A Lawrence to LPL Financial LLC
Feb 27, 2026 · Affiliated broker-dealer or bank to another
Vincent Joseph Sbano to LPL Financial LLC
Feb 27, 2026 · Affiliated broker-dealer or bank to another
Robert Byron Stokes to LPL Financial LLC
Oct 23, 2025 · Affiliated broker-dealer or bank to another
Joseph Daniel Bergin to Prospera Financial Services, Inc.
Sep 17, 2025 · Affiliated broker-dealer or bank to another
Steven Craig Behrle to Prospera Financial Services, Inc.
Sep 16, 2025 · Affiliated broker-dealer or bank to another
Jessica C Brooks to Raymond James Financial Services Advisors, Inc
Sep 16, 2025 · Affiliated broker-dealer or bank to another
Jeffrey J Carter to LPL Financial LLC
Aug 28, 2025 · Affiliated broker-dealer or bank to another
Gene Randall Rhoades to Cetera Investment Advisers LLC
Aug 20, 2025 · Affiliated broker-dealer or bank to another
Ardian Hasko to Newedge Advisors
Aug 13, 2025 · Affiliated broker-dealer or bank to another

Joined, latest

Lance Barton Johnson from Northpointe Capital LLC
Jun 12, 2026 · Other
Sheldon Frantz from MML Investors Services, LLC
Jul 9, 2025 · Affiliated broker-dealer or bank to another
Christopher Todd Drawbaugh from RBC Capital Markets, LLC
Jan 16, 2025 · Affiliated broker-dealer or bank to another
Shawn Patrick Kenney from Stephens
Jan 1, 2025 · Other
Kavian Burke from LPL Financial LLC
Aug 28, 2024 · Affiliated broker-dealer or bank to another
Kyle Michael Odell from Fidelity Personal And Workplace Advisors
Aug 27, 2024 · Affiliated broker-dealer or bank to another
Albert Mclemore Alexander from Charles Schwab & Co., Inc.
Aug 8, 2024 · Affiliated broker-dealer or bank to another
Yu Yeung Li from M Holdings Securities, Inc.
May 15, 2024 · Affiliated broker-dealer or bank to another
Christopher Michael Sands from Manning & Napier Advisors, LLC
Apr 25, 2024 · RIA to affiliated broker-dealer or bank
Young-Ai Choi from Dominick & Dominick LLC
Feb 2, 2024 · Other
Brian James Smith from LPL Financial LLC
Nov 9, 2023 · Affiliated broker-dealer or bank to another
Patrick Lee Baird from Nfsg Corporation
Oct 16, 2023 · Affiliated broker-dealer or bank to another
Jeffrey J Carter from Merrill Lynch, Pierce, Fenner & Smith Incorporated
Sep 8, 2023 · Wirehouse to affiliated broker-dealer or bank
David Than Richburg from Edward Jones
Jul 21, 2023 · Affiliated broker-dealer or bank to another
Leonard James Scandariato from Oppenheimer Asset Management
Jul 14, 2023 · Other

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

2 left for A.G.P / Alliance Global Partners
Jun 29, 2026 · Ridgewood, Nj
2 left for Prospera Financial Services, Inc.
Sep 16, 2025 · Irvine, Ca
2 left for Newedge Advisors
Aug 13, 2025 · Port Washington, Ny
4 left for Cetera Investment Advisers LLC
Jul 10, 2025 · Mayfield Heights, Oh
2 left for LPL Financial LLC
Jul 10, 2025 · Glen Head, Ny
4 left for Oneseven
Jun 24, 2025 · Sharon, Pa
2 left for Stifel, Nicolaus & Company, Incorporated
May 30, 2025 · Dallas, Tx
2 left for Steadtrust
May 5, 2025 · Wilmington, De

3 joined from B Riley Wealth Management
Oct 25, 2022 · Nashville, Tn
2 joined from B Riley Wealth Management
Sep 15, 2022 · Memphis, Tn
3 joined from Winslow Wealth Management LLC
Jul 22, 2021 · Boston, Ma · Firm absorbed
16 joined from Winslow, Evans & Crocker, Inc.
Apr 9, 2021 · Boston, Ma · Firm absorbed
2 joined from Ladenburg Thalmann Asset Management Inc
Dec 31, 2020 · New York, Ny
3 joined from Fsic
Sep 23, 2020 · East Dundee, Il · Firm absorbed
6 joined from United Advisors Services, LLC
Sep 17, 2020 · Boca Raton, Fl
3 joined from United Advisors Services, LLC
Sep 17, 2020 · Buffalo, Ny

Teams out Teams in

Private funds

55 reported on Schedule D 7.B.(1)

Fund	Type	Gross assets	Owners	First reported
Innovation X Holdings Series 2020-1 Qp, LLCno longer reported	Private Equity Fund	$230M	463	Dec 26, 2020
Innovation X Holdings Qp, LLC Series 2018-5no longer reported	Private Equity Fund	$93.7M	778	Dec 24, 2019
Innovation X Qp, LLC. Series 2018-2 (Pinterest)no longer reported	Private Equity Fund	$73.4M	487	Dec 27, 2018
Innovation X Holdings Qp, LLC Series 2018-6no longer reported	Private Equity Fund	$63.2M	356	Dec 24, 2019
Nam Special Situations Fund I Qp, LLC Lyft Series Vno longer reported	Private Equity Fund	$41.1M	361	Dec 19, 2017
Innovation X Holdings Qp, LLC Series 2018-6bno longer reported	Private Equity Fund	$40.3M	171	Dec 24, 2019
Nam Special Situations Fund I Qp, LLC Series 2018-6no longer reported	Private Equity Fund	$36.7M	175	Dec 24, 2019
Innovation X Holdings Qp, LLC - Palantir Series Ino longer reported	Private Equity Fund	$32.9M	297	Dec 19, 2017
Nam Special Situations Fund I Qp LLC Series II Palantirno longer reported	Private Equity Fund	$32.1M	24	Dec 19, 2017
Profectus Qp Opportunity Fund LLCno longer reported	Hedge Fund	$29.6M	271	Aug 17, 2012
Nam Special Situations Fund I Qp, LLC (Lyft Series III)no longer reported	Private Equity Fund	$24.9M	88	Dec 2, 2016
Mirus Opportunity Fund LLCno longer reported	Hedge Fund	$23.9M	99	Aug 17, 2012
Innovation X Qp LLC Series 2018-4 (Lyft)no longer reported	Private Equity Fund	$21.7M	197	Dec 27, 2018
Innovation X Holdings Qp, LLC Series 2019-5no longer reported	Private Equity Fund	$21.4M	364	Dec 24, 2019
Nam Special Situations Fund I Qp, LLC (Lyft Series I)no longer reported	Private Equity Fund	$20.2M	63	Dec 2, 2016
Nam Special Situations Fund I, LLC (Lyft Series I)no longer reported	Private Equity Fund	$18.8M	87	Dec 2, 2016
Innovation X Holdings V, LLCno longer reported	Private Equity Fund	$18.5M	94	Dec 26, 2020
Nam Special Situations Fund I Qp, LLC (Lyft Series II)no longer reported	Private Equity Fund	$17.0M	78	Dec 2, 2016
Nam Special Situations Fund I Qp LLC Fbio Series Ino longer reported	Private Equity Fund	$16.1M	123	Dec 19, 2017
Nam Special Situations Fund II, LLC Palantir Series Ino longer reported	Private Equity Fund	$14.9M	100	Dec 2, 2016
Nam Biotech Fund II, LLC Series Ino longer reported	Private Equity Fund	$12.3M	98	Dec 19, 2017
Innovation X Holdings Qp, LLC - Slack Series Ino longer reported	Private Equity Fund	$10.7M	70	Jan 24, 2018
Innovation X Holdings II, LLC Series 2018-2(Pinterest)no longer reported	Private Equity Fund	$9.7M	100	Dec 27, 2018
Innovation X Holdings II LLC Series 2018-5no longer reported	Private Equity Fund	$8.6M	86	Dec 24, 2019
Nam Special Situations Fund I Qp LLC Series I Palantirno longer reported	Private Equity Fund	$6.6M	58	Dec 19, 2017
Nam Special Situations Fund I Qp, LLC Lyft Series IVno longer reported	Private Equity Fund	$6.0M	40	Dec 19, 2017
Innovation X Holdings, LLC (Lyft Series II)no longer reported	Private Equity Fund	$5.7M	30	Dec 2, 2016
Nam Special Situations Fund II, LLCno longer reported	Private Equity Fund	$5.7M	51	Dec 19, 2017
Nam Special Situations Fund IV, LLC Wup Series Ino longer reported	Private Equity Fund	$4.6M	28	Dec 19, 2017
Nam Special Situations Fund V LLC Slack Series Ino longer reported	Private Equity Fund	$4.2M	49	Jan 24, 2018
Nam Special Situations Fund Vi, LLC (Series Vi)no longer reported	Private Equity Fund	$129,496	91	Dec 27, 2018
Truncatus Holdings LLCno longer reported	Private Equity Fund	$36,429	27	Dec 2, 2016
Truncatus Holdings Qp LLCno longer reported	Private Equity Fund	$26,330	11	Dec 2, 2016
Powermat Partners, LLCno longer reported	Private Equity Fund	$3,029	50	Dec 21, 2015
Innovation X Holdings, LLC (Lyft Series I)no longer reported	Private Equity Fund	$0	70	Dec 2, 2016
Innovation X Qp LLC (Lyft Series IV)no longer reported	Private Equity Fund	$0	131	Dec 19, 2017
Nam Special Situations Fund I Qp LLC Fbio Series Vino longer reported	Private Equity Fund	$0	0	Dec 19, 2017
Nam Special Situations Fund I Qp LLC Fbio Series IVno longer reported	Private Equity Fund	$0	0	Dec 19, 2017
Nsc Biotech Opportunities Fund, LLC (Series I)no longer reported	Private Equity Fund	$0	51	Dec 27, 2018
Innovation X Qp LLC Series I Snapno longer reported	Private Equity Fund	$0	180	Dec 19, 2017

All funds of B. Riley Wealth Advisors, Inc.

Owners and control persons

Schedule A and B, latest filing

Anthony Marcus Arneaud · Chief Compliance Officercontrol
since 08/2022 · owns less than 5%
David Thomas Kowalczyk · Presidentcontrol
since 08/2022 · owns less than 5%
Anthony Michael Mullen · Chief Executive Officercontrol
since 08/2022 · owns less than 5%
Daniel Ortega · Chief Compliance Officercontrol
since 05/2025 · owns less than 5%
Ann Mary Swain · Chief Financial Officercontrol
since 08/2022 · owns less than 5%
Richard Philip Zanone · Chief Operating Officercontrol
since 08/2022 · owns less than 5%
Stephen Agoston Horvath · Advisory Operations Manager
since 03/2026 · owns less than 5%

Entity owners

B. Riley Wealth Management · Direct Owner
direct · owns 75% or more
B. Riley Wealth Management Holdings, Inc. · Direct Owner
direct · owns 75% or more
B.Riley Financial, Inc. · Parent
indirect · owns 75% or more of B. Riley Wealth Management Holdings, Inc. · public reporting company
Br Financial Holdings, LLC · Parent
indirect · owns 75% or more of B. Riley Wealth Management Holdings, Inc.

Related persons

Schedule D 7.A

B. Riley Capital Management
investment advisernRAUM $200M
B. Riley Securities, Inc.
broker-dealern
B. Riley Wealth Insurance
real estaten
B Riley Wealth Management
broker-dealernRAUM $4.1B
Fairfax Global Investment Management LLC
investment advisernRAUM $148M
B. Riley Wealth Private Shares
investment advisernRAUM $47.6M
B. Riley Wealth Tax Services, Inc.
insurancen
Wunderlich Capital Management
investment advisernRAUM $231M

Advisers that list B. Riley Wealth Advisors, Inc. as a related person

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left
New York, Ny	16	0	0
Chicago, Il	12	0	1
Memphis, Tn · principal	10	0	3
Boca Raton, Fl	8	0	0
Poughkeepsie, Ny	5	0	0
The Woodlands, Tx	5	0	0
Plainview, Ny	5	0	0
Red Bank, Nj	5	0	0
Boston, Ma	5	0	1
Westbury, Ny	4	1	0
Tampa, Fl	3	0	0
Miami, Fl	3	0	0
Fairfield, Ct	3	0	0
Little Rock, Ar	3	0	0
Bluffton, Sc	3	0	0
Quakertown, Pa	3	0	0
Seattle, Wa	3	0	0
Lafayette, La	2	0	0
Lake Ronkonkoma, Ny	2	0	0
Plymouth, Mi	2	1	0

All 60 offices

Post-acquisition retention

advisors of absorbed firms still registered here after the move

Firms absorbed: 3 since 2015, 0 in 24 monthsderived
Advisors acquired: 22derived
Still registered after 90 days: 95% of 22derived
After 180 days: 91% of 22derived
After 365 days: 73% of 22derived
After 730 days: 55% of 22derived
Team lift-outs after: 25derivedteams that left this firm within two years of an absorption

Lower bound: a person who left the industry is on neither side of the tape, and a re-registration to an affiliated CRD of the same group counts as a departure.

Offices

Schedule D 1.F, the 25 largest

Boca Raton, FL17 employees
Chicago, IL14 employees
Boston, MA12 employees
Boca Raton, FL11 employees
Dallas, TX11 employees
New York, NY10 employees
Jersey City, NJ9 employees
Houston, TX9 employees
Bryn Mawr, PA8 employees
Beachwood, OH8 employees
Chicago, IL8 employees
New York, NY6 employees
Memphis, TN6 employees
The Woodlands, TX6 employees
Mayfield Heights, OH5 employees
Plainview, NY5 employees
Westbury, NY5 employees
Warrenton, VA5 employees
Los Angeles, CA5 employees
Seattle, WA5 employees
Red Bank, NJ5 employees
Oakbrook Terrace, IL4 employees
Poughkeepsie, NY4 employees
Lake Ronkonkoma, NY4 employees
Paramus, NJ4 employees

ADV anomalies

9 against comparable advisers; where to look, not conclusions

account count collapseChange between filings · filing Mar 31, 2026
accounts (Item 5.F.2.f) moved from 17,372.0 to 10,573.0 (-39.0%) between the annual amendments of 2025-04-30 and 2026-03-31; the peer median change was +10.0% (52 comparable advisers, 0.0th percentile of changes)
peers: affiliated wealth managers, $1B to $5B (52) · 0.0% percentile
advisor count dropChange between filings · filing Mar 31, 2026
advisory representatives (Item 5.B.3) moved from 274.0 to 172.0 (-37.0%) between the annual amendments of 2025-04-30 and 2026-03-31; the peer median change was 0.0% (50 comparable advisers, 4.0th percentile of changes)
peers: affiliated wealth managers, $1B to $5B (50) · 4.1% percentile
client count collapseChange between filings · filing Mar 31, 2026
individual and HNW clients (Item 5.D) moved from 16,821.0 to 10,096.0 (-40.0%) between the annual amendments of 2025-04-30 and 2026-03-31; the peer median change was +9.0% (50 comparable advisers, 0.0th percentile of changes)
peers: affiliated wealth managers, $1B to $5B (50) · 0.0% percentile
control person changedChange between filings · filing Mar 31, 2026
Ortega, Daniel (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2023-03-31 and 2026-03-31
peers: affiliated wealth managers, $1B to $5B (56)
control person changedChange between filings · filing Mar 31, 2026
MULLEN, MICHAEL, ANTHONY (CHIEF EXECUTIVE OFFICER) left Schedule A between the filings of 2023-03-31 and 2026-03-31
peers: affiliated wealth managers, $1B to $5B (56)
control person changedChange between filings · filing Mar 31, 2026
SWAIN, MARY, ANN (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2023-03-31 and 2026-03-31
peers: affiliated wealth managers, $1B to $5B (56)
control person changedChange between filings · filing Mar 31, 2026
ARNEAUD, MARCUS, ANTHONY (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2023-03-31 and 2026-03-31
peers: affiliated wealth managers, $1B to $5B (56)
control person changedChange between filings · filing Mar 31, 2026
Kowalczyk, Thomas, David (PRESIDENT) left Schedule A between the filings of 2023-03-31 and 2026-03-31
peers: affiliated wealth managers, $1B to $5B (56)
RAUM down 25 %Change between filings · filing Mar 31, 2026
RAUM (Item 5.F) moved from $7,027,862,844 to $4,211,631,082 (-40.0%) between the annual amendments of 2025-04-30 and 2026-03-31; the peer median change was +22.0% (52 comparable advisers, 0.0th percentile of changes)
peers: affiliated wealth managers, $1B to $5B (52) · 0.0% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 17,372 to 10,573
Oct 20, 2025 to Mar 31, 2026
Advisory employees · 274 to 172
Oct 20, 2025 to Mar 31, 2026
BD registered reps · 294 to 192
Oct 20, 2025 to Mar 31, 2026
Charity clients · 26 to 16
Oct 20, 2025 to Mar 31, 2026
Corporate clients · 187 to 194
Oct 20, 2025 to Mar 31, 2026
HNW clients · 1,244 to 801
Oct 20, 2025 to Mar 31, 2026
Individual clients · 15,577 to 9,295
Oct 20, 2025 to Mar 31, 2026
Pension plan clients · 338 to 267
Oct 20, 2025 to Mar 31, 2026
Assets in custody · $517M to $402M
Oct 20, 2025 to Mar 31, 2026
Employees · 350 to 268
Oct 20, 2025 to Mar 31, 2026
Insurance-licensed employees · 3 to 2
Oct 20, 2025 to Mar 31, 2026
State-registered IARs · 274 to 172
Oct 20, 2025 to Mar 31, 2026
Discretionary RAUM · $5.2B to $2.8B
Oct 20, 2025 to Mar 31, 2026
HNW RAUM · $3.0B to $1.9B
Oct 20, 2025 to Mar 31, 2026
Individual RAUM · $3.6B to $2.1B
Oct 20, 2025 to Mar 31, 2026
Non-discretionary RAUM · $1.8B to $1.4B
Oct 20, 2025 to Mar 31, 2026
Pension RAUM · $151M to $85.3M
Oct 20, 2025 to Mar 31, 2026
RAUM · $7.0B to $4.2B
Oct 20, 2025 to Mar 31, 2026
Financial planning clients · 26-50 to 26-50
Apr 30, 2025 to Jun 10, 2025
Accounts · 20,038 to 17,372
Jan 13, 2025 to Apr 30, 2025
Advisory employees · 379 to 274
Jan 13, 2025 to Apr 30, 2025
BD registered reps · 405 to 294
Jan 13, 2025 to Apr 30, 2025
Charity clients · 40 to 26
Jan 13, 2025 to Apr 30, 2025
Corporate clients · 192 to 187
Jan 13, 2025 to Apr 30, 2025
HNW clients · 1,364 to 1,244
Jan 13, 2025 to Apr 30, 2025
Individual clients · 18,277 to 15,577
Jan 13, 2025 to Apr 30, 2025
Pension plan clients · 162 to 338
Jan 13, 2025 to Apr 30, 2025
Assets in custody · $535M to $517M
Jan 13, 2025 to Apr 30, 2025
Employees · 457 to 350
Jan 13, 2025 to Apr 30, 2025
Insurance-licensed employees · 5 to 3
Jan 13, 2025 to Apr 30, 2025
State-registered IARs · 377 to 274
Jan 13, 2025 to Apr 30, 2025
Other offices · 109 to 95
Jan 13, 2025 to Apr 30, 2025
Discretionary RAUM · $6.4B to $5.2B
Jan 13, 2025 to Apr 30, 2025
HNW RAUM · $3.1B to $3.0B
Jan 13, 2025 to Apr 30, 2025
Individual RAUM · $4.1B to $3.6B
Jan 13, 2025 to Apr 30, 2025
Non-discretionary RAUM · $1.3B to $1.8B
Jan 13, 2025 to Apr 30, 2025
Pension RAUM · $137M to $151M
Jan 13, 2025 to Apr 30, 2025
RAUM · $7.6B to $7.0B
Jan 13, 2025 to Apr 30, 2025
Wrap assets (sponsor) · $187M to $0
Jan 13, 2025 to Apr 30, 2025
Accounts · 20,323 to 20,038
Sep 15, 2023 to Mar 29, 2024

Signals

60 dated events

Scott E Anderson left B. Riley Wealth Advisors, Inc. for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2026-08-17)
Sep 10, 2026 · Advisor changed firm · fact
Joshua Robert Barg left B. Riley Wealth Advisors, Inc. for A.G.P / Alliance Global Partners (registered 2026-06-09)
Jun 29, 2026 · Advisor changed firm · fact
Russell Marc Fiske left B. Riley Wealth Advisors, Inc. for A.G.P / Alliance Global Partners (registered 2026-07-15)
Jun 29, 2026 · Advisor changed firm · fact
2 advisors left B. Riley Wealth Advisors, Inc. (Ridgewood, NJ) for A.G.P / Alliance Global Partners on the same day
Jun 29, 2026 · Team lift-out · derived
William Mitchell Lefkowitz left B. Riley Wealth Advisors, Inc. for Nfsg Corporation (registered 2026-08-11)
Jun 8, 2026 · Advisor changed firm · fact
Leonard James Scandariato left B. Riley Wealth Advisors, Inc. for Oppenheimer & Co. Inc. (registered 2026-03-11)
Apr 2, 2026 · Advisor changed firm · fact
David Keith Cole left B. Riley Wealth Advisors, Inc. for Prospera Financial Services, Inc. (registered 2026-04-20)
Apr 2, 2026 · Advisor changed firm · fact
B. Riley Wealth Advisors, Inc. reported 172 state-registered advisory representatives, down from 274 (2025-10-20 to 2026-03-31)
Mar 31, 2026 · Advisor headcount change · derived
B. Riley Wealth Advisors, Inc. reported RAUM $4.2B, down 40% from $7.0B (2025-10-20 to 2026-03-31)
Mar 31, 2026 · RAUM change · derived
Kelly A Lawrence left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2026-02-05)
Feb 27, 2026 · Advisor changed firm · fact
Vincent Joseph Sbano left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2026-02-04)
Feb 27, 2026 · Advisor changed firm · fact
Robert Byron Stokes left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2025-10-13)
Oct 23, 2025 · Advisor changed firm · fact
Joseph Daniel Bergin left B. Riley Wealth Advisors, Inc. for Prospera Financial Services, Inc. (registered 2026-01-05)
Sep 17, 2025 · Advisor changed firm · fact
Jessica C Brooks left B. Riley Wealth Advisors, Inc. for Raymond James Financial Services Advisors, Inc (registered 2026-02-20)
Sep 16, 2025 · Advisor changed firm · fact
Steven Craig Behrle left B. Riley Wealth Advisors, Inc. for Prospera Financial Services, Inc. (registered 2025-09-12)
Sep 16, 2025 · Advisor changed firm · fact
2 advisors left B. Riley Wealth Advisors, Inc. (Irvine, CA) for Prospera Financial Services, Inc. a day apart
Sep 16, 2025 · Team lift-out · derived
Jeffrey J Carter left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2025-08-15)
Aug 28, 2025 · Advisor changed firm · fact
Gene Randall Rhoades left B. Riley Wealth Advisors, Inc. for Cetera Investment Advisers Llc (registered 2025-08-07)
Aug 20, 2025 · Advisor changed firm · fact
Ardian Hasko left B. Riley Wealth Advisors, Inc. for Newedge Advisors (registered 2025-08-01)
Aug 13, 2025 · Advisor changed firm · fact
Robert Jason Brous left B. Riley Wealth Advisors, Inc. for Newedge Advisors (registered 2025-08-01)
Aug 13, 2025 · Advisor changed firm · fact
2 advisors left B. Riley Wealth Advisors, Inc. (Port Washington, NY) for Newedge Advisors on the same day
Aug 13, 2025 · Team lift-out · derived
Thomas Michael Sullivan left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2025-07-14)
Aug 8, 2025 · Advisor changed firm · fact
George Joseph Fiederlein left B. Riley Wealth Advisors, Inc. for Oppenheimer & Co. Inc. (registered 2025-07-21)
Aug 8, 2025 · Advisor changed firm · fact
Thomas John Coelho left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2025-06-23)
Jul 10, 2025 · Advisor changed firm · fact
Leszek Julian Michniewicz left B. Riley Wealth Advisors, Inc. for Lpl Financial Llc (registered 2025-06-23)
Jul 10, 2025 · Advisor changed firm · fact
Gene Alan Fritzsche left B. Riley Wealth Advisors, Inc. for Cetera Investment Advisers Llc (registered 2025-07-02)
Jul 10, 2025 · Advisor changed firm · fact
Thomas Stephen Bolanowski left B. Riley Wealth Advisors, Inc. for Principal Securities, Inc. (registered 2026-04-01)
Jul 10, 2025 · Advisor changed firm · fact
Gregory S Berlin left B. Riley Wealth Advisors, Inc. for Cetera Investment Advisers Llc (registered 2025-07-02)
Jul 10, 2025 · Advisor changed firm · fact
Michael David Zawatsky left B. Riley Wealth Advisors, Inc. for Cetera Investment Advisers Llc (registered 2025-06-25)
Jul 10, 2025 · Advisor changed firm · fact
Harold Jack Pollov left B. Riley Wealth Advisors, Inc. for Cetera Investment Advisers Llc (registered 2025-06-25)
Jul 10, 2025 · Advisor changed firm · fact

Across DFX

shared identifiers only, never a name match

B. Riley Wealth Advisors, Inc. · Private Equity
shared crd · organization

How to reach

public business contact points only, each with its source

Business phone: 866-225-3559reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 901-251-1330reportedpublished by the firm, firm site, Sep 16, 2026
Website: brileywealth.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 901-251-1330reportedpublic record, Form ADV, Mar 31, 2026
Contact form: brileywealth.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026

Provenance

Form ADV: SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors: IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class: Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $25.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026