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.
Former SEC-registered adviser
B. Riley Capital Management
Legal name B. Riley Capital Management, LLC
Latest filing Mar 25, 2024
First filing on the tape Feb 14, 2012 · 35 filings
SEC status approved since Mar 30, 2012
RAUM
$200M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
9
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
$200M gross assets
History
35 filings and snapshots on the tape
RAUM$200M as of Mar 25, 2024
Apr 1, 2013$216M then
HNW client RAUM$0 as of Mar 25, 2024
Apr 2, 2018$483M then
State-registered IARs (5.B.3)2 as of Mar 25, 2024
Apr 1, 20130 then
Employees (5.A)9 as of Mar 25, 2024
Apr 1, 20133 then
Private funds4 as of Mar 25, 2024
Apr 1, 20131 then
RAUM -41% over the last fiscal year-30% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 25, 2024; every figure names its basis
- RAUM per advisor
- $100MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $50.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 4.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -41%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$200M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
- Thomas John Kelleher to B. Riley Wealth Private SharesMar 27, 2025 · Other
- Joseph Robert Crane to B. Riley Wealth Advisors, Inc.May 3, 2021 · Other
- Joanna Kim to Unfcu Advisors LLCJan 2, 2019 · Other
Joined, latest
- Joseph Robert Crane from Raymond James & Associates, Inc.May 7, 2020 · Other
- Joanna Kim from Ladenburg Thalmann Asset Management IncNov 20, 2015 · Other
- Michael Jeffrey Kramer from Ladenburg Thalmann Asset Management IncAug 14, 2013 · Other
Private funds
9 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Gacp II, L.P. | Private Equity Fund | $138M | 176 | Apr 2, 2018 |
| Innovation X Capital Partners, LLC - Ec Class A Share Classno longer reported | Private Equity Fund | $126M | 597 | Apr 26, 2022 |
| Mkca Opportunity Fund, LLCno longer reported | Hedge Fund | $66.2M | 50 | Feb 14, 2012 |
| Brc Partners Opportunity Fund, LP | Hedge Fund | $48.8M | 27 | Jul 22, 2015 |
| Br Spac Opportunity Fund, LPno longer reported | Other Private Fund | $12.9M | 11 | Mar 31, 2017 |
| Brc Emerging Managers Fund Of Funds, LP | Hedge Fund | $12.8M | 2 | Mar 28, 2014 |
| Brc Special Situations Fund, LPno longer reported | Hedge Fund | $3.0M | 5 | Mar 28, 2014 |
| Gacp I, LP | Private Equity Fund | $1.2M | 17 | Jul 22, 2015 |
| Innovation X Capital Partners, LLC - Stp Class A Share Classno longer reported | Private Equity Fund | $0 | 468 | Apr 26, 2022 |
Owners and control persons
Schedule A and B, latest filing
- J Phillip Ahn · Member, Board Of Managerscontrolsince 04/2015 · owns less than 5%
- Neil Alan Forman · General Counselcontrolsince 06/2015 · owns less than 5%
- John Thomas Kelleher · President & Member, Board Of Managerscontrolsince 04/2015 · owns less than 5%
- Richard Michael Mccoy · Chief Financial Officercontrolsince 04/2015 · owns less than 5%
- Richard Bryant Riley · Chief Executive Officer & Member, Board Of Managerscontrolsince 04/2015 · owns less than 5%
- Michael Markunas · Deputy General Counsel, Chief Compliance Officersince 03/2016 · owns less than 5%
Entity owners
- B. Riley Financial, Inc. · Ownerdirect · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
- B. Riley Securities, Inc.broker-dealern
- B. Riley Wealth Advisors, Inc.investment adviserLP sponsornRAUM $4.2B
- B Riley Wealth Managementbroker-dealerinvestment adviserreal estatenRAUM $4.1B
- Fairfax Global Investment Management LLCinvestment advisernRAUM $148M
- B. Riley Wealth Private Sharesinvestment advisernRAUM $47.6M
- Brc Emerging Managers Gp, LLCpooled vehicle sponsory
- Brc Partners Management Gp, LLCpooled vehicle sponsory
- Great American Capital Partners, LLCpooled vehicle sponsory
Advisers that list B. Riley Capital Management as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Los Angeles, Ca · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Discretionary RAUM · $342M to $200MMar 30, 2023 to Mar 25, 2024
- Pooled vehicle RAUM · $342M to $200MMar 30, 2023 to Mar 25, 2024
- RAUM · $342M to $200MMar 30, 2023 to Mar 25, 2024
- Accounts · 5 to 4Apr 26, 2022 to Mar 30, 2023
- Pooled vehicle clients · 5 to 4Apr 26, 2022 to Mar 30, 2023
- Private funds · 7 to 4Apr 26, 2022 to Mar 30, 2023
- Discretionary RAUM · $756M to $342MApr 26, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $756M to $342MApr 26, 2022 to Mar 30, 2023
- RAUM · $756M to $342MApr 26, 2022 to Mar 30, 2023
- Private funds · 5 to 7Mar 31, 2022 to Apr 26, 2022
- Accounts · 5 to 4Mar 24, 2021 to Mar 31, 2022
- Advisory employees · 3 to 1Mar 24, 2021 to Mar 31, 2022
- BD registered reps · 10 to 7Mar 24, 2021 to Mar 31, 2022
- Pooled vehicle clients · 5 to 4Mar 24, 2021 to Mar 31, 2022
- Employees · 12 to 9Mar 24, 2021 to Mar 31, 2022
- Insurance-licensed employees · 1 to 0Mar 24, 2021 to Mar 31, 2022
- State-registered IARs · 4 to 2Mar 24, 2021 to Mar 31, 2022
- Private funds · 5 to 4Mar 24, 2021 to Mar 31, 2022
- Discretionary RAUM · $580M to $489MMar 24, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $580M to $489MMar 24, 2021 to Mar 31, 2022
- RAUM · $580M to $489MMar 24, 2021 to Mar 31, 2022
- Related bank · false to trueMar 24, 2021 to Mar 31, 2022
- Accounts · 4 to 5Mar 31, 2022 to Mar 31, 2022
- Pooled vehicle clients · 4 to 5Mar 31, 2022 to Mar 31, 2022
- Private funds · 4 to 5Mar 31, 2022 to Mar 31, 2022
- Discretionary RAUM · $489M to $756MMar 31, 2022 to Mar 31, 2022
- Pooled vehicle RAUM · $489M to $756MMar 31, 2022 to Mar 31, 2022
- RAUM · $489M to $756MMar 31, 2022 to Mar 31, 2022
- Advisory employees · 15 to 3Mar 27, 2020 to Mar 24, 2021
- BD registered reps · 11 to 10Mar 27, 2020 to Mar 24, 2021
- Employees · 34 to 12Mar 27, 2020 to Mar 24, 2021
- State-registered IARs · 5 to 4Mar 27, 2020 to Mar 24, 2021
- Other offices · 2 to 0Mar 27, 2020 to Mar 24, 2021
- Discretionary RAUM · $458M to $580MMar 27, 2020 to Mar 24, 2021
- Pooled vehicle RAUM · $458M to $580MMar 27, 2020 to Mar 24, 2021
- RAUM · $458M to $580MMar 27, 2020 to Mar 24, 2021
- Advisory employees · 20 to 15Dec 19, 2019 to Mar 27, 2020
- BD registered reps · 16 to 11Dec 19, 2019 to Mar 27, 2020
- Business name · B. RILEY ASSET MANAGEMENT to B. RILEY CAPITAL MANAGEMENTDec 19, 2019 to Mar 27, 2020
- Employees · 36 to 34Dec 19, 2019 to Mar 27, 2020
Signals
8 dated events
- B. Riley Capital Management no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $200.4M)May 2, 2025 · Left the SEC roster · derived
- Thomas John Kelleher left B. Riley Capital Management for B. Riley Wealth Private Shares (registered 2025-11-21)Mar 27, 2025 · Advisor changed firm · fact
- B. Riley Capital Management reported RAUM $200.4M, down 41% from $342.1M (2023-03-30 to 2024-03-25)Mar 25, 2024 · RAUM change · derived
- B. Riley Capital Management reported RAUM $342.1M, down 55% from $755.7M (2022-04-26 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- B. Riley Capital Management reported RAUM $755.7M, up 54% from $489.5M (2022-03-31 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- B. Riley Capital Management reported RAUM $579.9M, up 27% from $457.7M (2020-03-27 to 2021-03-24)Mar 24, 2021 · RAUM change · derived
- B. Riley Capital Management reported RAUM $431.7M, down 45% from $786.0M (2018-04-30 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- B. Riley Capital Management reported RAUM $786.0M, down 33% from $1.2B (2017-08-04 to 2018-04-02)Apr 2, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- B. Riley Capital Management · Private Equityshared crd · organization
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
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026