Wealth manager, public-company owned · Memphis, TN
B. Riley Wealth Advisors, Inc.
SEC-registered investment adviser · CRD 115927 · SEC 801-64837
At a glance
B. Riley Wealth Advisors, Inc. is an SEC-registered investment adviser based in Memphis, Tennessee, with $4.2 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is individuals, and it reports 10,096 individual clients. By Form ADV it is a wealth manager (public-company owned), ranked 394th of 8,915 wealth managers and 2,341st of 17,210 SEC-registered advisers by assets.
Main office 901-251-1330brileywealth.comAs filed on Form ADV
- Regulatory AUM
- $4.2B
- Rank among wealth managers
- #394 of 8,915
- Rank among all SEC RIAs
- #2,341 of 17,210
- Rank in Tennessee
- #10 of 227
- Individual clients
- 10,096
- High-net-worth clients
- 801
- Accounts
- 10,573
- Discretionary
- 66% of AUM
- Employees
- 268
- Advisory staff
- 172
- Offices
- 96
Owners and executives on its Form ADV
- Michael A. MullenChief Executive Officer
- Mary A. SwainChief Financial Officer
- Philip R. ZanoneChief Operating Officer
- Daniel OrtegaChief Compliance Officer
- Agoston S. HorvathAdvisory Operations Manager
Custody and brokerage
Broker-dealer
Hybrid RIA
B. Riley Wealth Advisors, Inc. is a hybrid RIA: 192 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: B. Riley Securities, Inc. and B. Riley Wealth Management, Inc..
- B. Riley Securities, Inc. ↗CRD 25027
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
- B. Riley Wealth Management, Inc. ↗CRD 2543
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Its Form ADV brochure (filed March 2026) names B. Riley Wealth Management as the broker-dealer its advisers are registered with.
BRWA’s principal executive officers, and most of its IARs , are also Registered Representatives of BRWM.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 9,295 | $2.1B | 51% |
| High-net-worth individuals | 801 | $1.9B | 45% |
| Corporations or other businesses | 194 | $90M | 2% |
| Pension and profit sharing plans | 267 | $85M | 2% |
| Charitable organizations | 16 | $18M | <1% |
Disciplinary disclosures
B. Riley Wealth Advisors, Inc. answers yes to 29 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗brileywealth.com ↗
AtlasMembers
The full record on B. Riley Wealth Advisors, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 968 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does B. Riley Wealth Advisors, Inc. manage?
B. Riley Wealth Advisors, Inc. reports $4.2 billion in regulatory assets under management across 10,573 accounts, 66% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is B. Riley Wealth Advisors, Inc.?
B. Riley Wealth Advisors, Inc. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals. A public reporting company controls it.
Who are B. Riley Wealth Advisors, Inc.’s clients?
By assets, its largest client types are individuals ($2.1 billion, 9,295 clients); high-net-worth individuals ($1.9 billion, 801 clients); corporations or other businesses ($90 million, 194 clients).
Does B. Riley Wealth Advisors, Inc. have any disciplinary history?
B. Riley Wealth Advisors, Inc. answers yes to 29 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is B. Riley Wealth Advisors, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →