B. Riley Wealth Advisors, Inc.
SEC-registered
Wealth Manager · Mid-sized ($1B–$10B)
CRD 115927
· SEC file 801-64837
· Memphis, TN
· www.brileywealth.com
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ADV data as of Mar 31, 2026
- Regulatory AUM
- $4.2B
- Discretionary
- $2.8B
- Clients
- 10,573
- Avg AUM / client
- $398K
- Accounts
- 10,573
- Employees
- 268
AUM over time
$503M
$7.6B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 9,295 | $2.1B | 50.7% |
| High net worth individuals | 801 | $1.9B | 44.8% |
| Pension and profit sharing plans | 267 | $85.3M | 2.03% |
| Charitable organizations | 16 | $17.5M | 0.42% |
| Corporations and other businesses | 194 | $89.9M | 2.14% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (170)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Anthony Mullen | Chief Executive Officer | Jan 2012 (15y) | Less than 5% | |
| Philip Richard Zanone | Chief Operating Officer | Jul 2022 (4y) | Less than 5% | |
| Marcus Anthony Arneaud | Chief Compliance Officer | Aug 2022 (4y) | Less than 5% | |
| Swain, Mary, Ann | Chief Financial Officer | Aug 2022 (4y) | Less than 5% | |
| Thomas David Kowalczyk | President | Aug 2022 (4y) | Less than 5% | |
| Garrick Burton Gowing | Registered representative | Apr 2005 (21y) | ||
| Jody Scott Balmer | Registered representative | Apr 2005 (21y) | ||
| Allen George Oechsner | Registered representative | Aug 2008 (18y) | ||
| Woodworth Steven Anderson | Registered representative | Jul 2009 (17y) | ||
| Ruth Joan Hauck | Registered representative | Sep 2009 (17y) | ||
| Kenneth Joseph Gilmore | Registered representative | Jan 2010 (17y) | ||
| Andrew Charles Tennent | Registered representative | Sep 2011 (15y) | ||
| Richard Bruce Goldstein | Registered representative | May 2012 (14y) | ||
| Peter Jeremy Sarner | Registered representative | Apr 2013 (13y) | ||
| Dragi Paunovski | Registered representative | Apr 2013 (13y) | ||
| David William Frederick | Registered representative | CFP Chartered Financial Consultant | May 2014 (12y) | |
| Domenick Robert Tibaldo | Registered representative | May 2014 (12y) | ||
| Kenneth Gary Copans | Registered representative | May 2014 (12y) | ||
| Cary Michael Levine | Registered representative | May 2014 (12y) | ||
| Dominick Anthony Ciocia | Registered representative | Jun 2014 (12y) | ||
| William Donald Dunstan | Registered representative | Chartered Financial Consultant | Jun 2014 (12y) | |
| Dale Enright Smith | Registered representative | Aug 2014 (12y) | ||
| Bradley Philip Harrison | Registered representative | Oct 2014 (12y) | ||
| Edward Lawrence Strauss | Registered representative | Nov 2014 (12y) | ||
| Rodney James Kleiver | Registered representative | Jun 2015 (11y) | ||
| Emily Plauche Maxwell | Registered representative | CFP | Jun 2015 (11y) | |
| Thomas Joseph Murray | Registered representative | Jul 2015 (11y) | ||
| Susan Lemieux | Registered representative | Oct 2015 (11y) | ||
| Sean Paul Price | Registered representative | Nov 2015 (11y) | ||
| Mike Angelopoulos | Registered representative | Mar 2016 (10y) | ||
| Vincent Anthony Maiorano | Registered representative | Mar 2016 (10y) | ||
| Kurt John Hilger | Registered representative | Jul 2016 (10y) | ||
| Michael Anthony Brcic | Registered representative | Jan 2017 (10y) | ||
| Dale Edward Groce | Registered representative | Mar 2017 (9y) | ||
| Jorge Christian Chain | Registered representative | Mar 2017 (9y) | ||
| Agoston Stephen Horvath | Registered representative | Aug 2017 (9y) | ||
| Louis Daniel Fry | Registered representative | Aug 2017 (9y) | ||
| Neal Thomas Leisch | Registered representative | CFP | Aug 2017 (9y) | |
| Jay B Gadberry | Registered representative | Aug 2017 (9y) | ||
| Michael Truett Mcintyre | Registered representative | Aug 2017 (9y) | ||
| George Einar Ray | Registered representative | Sep 2017 (9y) | ||
| Muhammad Usman Zia | Registered representative | Nov 2017 (9y) | ||
| James Allen Tolbert | Registered representative | Dec 2017 (9y) | ||
| Kasey Marie Mayne | Registered representative | Jan 2018 (9y) | ||
| Phillip Judson Kennemer | Registered representative | Jan 2018 (9y) | ||
| Timothy Mark Harrison | Registered representative | Jan 2018 (9y) | ||
| Logan Thomas Voelker | Registered representative | Jan 2018 (9y) | ||
| James Steve Simos | Registered representative | CFP | May 2018 (8y) | |
| Vincent Joseph D'albora | Registered representative | Jun 2018 (8y) | ||
| John Christopher Cannella | Registered representative | Jul 2018 (8y) | ||
| Andrew Thomas Farago | Registered representative | Jul 2018 (8y) | ||
| Angela Leigh Hank | Registered representative | Jul 2018 (8y) | ||
| Henry E Kaplan | Registered representative | Jul 2018 (8y) | ||
| Luis Jose Sepulveda | Registered representative | Sep 2018 (8y) | ||
| William Detar Shaw | Registered representative | Dec 2018 (8y) | ||
| John Joseph Padgett | Registered representative | Jan 2019 (8y) | ||
| Yitzchok Asher Goodman | Registered representative | Apr 2019 (7y) | ||
| Sheldon Devone Black | Registered representative | May 2019 (7y) | ||
| William David Morrison | Registered representative | Jul 2019 (7y) | ||
| Lynette A Lisiewski | Registered representative | Jul 2019 (7y) | ||
| Allison Barbara Clago | Registered representative | Jul 2019 (7y) | ||
| Stephen Chung Yee Loh | Registered representative | Jul 2019 (7y) | ||
| Edward L Caruth | Registered representative | Dec 2019 (7y) | ||
| Walter Thomas Rich | Registered representative | Dec 2019 (7y) | ||
| Daniel Michael Besse | Registered representative | Jan 2020 (7y) | ||
| Michael Blank | Registered representative | Jan 2020 (7y) | ||
| Robert Allan Mann | Registered representative | Jan 2020 (7y) | ||
| Devorah R Finkelstein | Registered representative | Feb 2020 (6y) | ||
| Nicholas John Twining | Registered representative | Mar 2020 (6y) | ||
| Trevor Lee Latulas | Registered representative | Jul 2020 (6y) | ||
| Spencer Howard Larson | Registered representative | Aug 2020 (6y) | ||
| Jerrold Stephen Klein | Registered representative | Sep 2020 (6y) | ||
| Mary Donna Stone | Registered representative | Sep 2020 (6y) | ||
| Michelle Marie Malone | Registered representative | Sep 2020 (6y) | ||
| Roger Martin Faulring | Registered representative | Sep 2020 (6y) | ||
| Emily Eisenhauer Freling | Registered representative | Dec 2020 (6y) | ||
| Dolores Kong | Registered representative | CFP | Mar 2021 (5y) | |
| Daphne Stuart Caperton | Registered representative | Mar 2021 (5y) | ||
| Robert Malachy Cully | Registered representative | Mar 2021 (5y) | ||
| Shawn M Devillier | Registered representative | Apr 2021 (5y) | ||
| Frank Levon Smith | Registered representative | CFP | Apr 2021 (5y) | |
| Alexander Peter Frederick | Registered representative | Jun 2021 (5y) | ||
| Andrew Barry Grossman | Registered representative | Jun 2021 (5y) | ||
| Andrew Parisi | Registered representative | Jun 2021 (5y) | ||
| Eliyahu Eli Mizrachi | Registered representative | Jun 2021 (5y) | ||
| Frank Louis Nargentino | Registered representative | CFP | Jun 2021 (5y) | |
| Gregory George Scrydloff | Registered representative | Jun 2021 (5y) | ||
| Irene Theresa Monck | Registered representative | Jun 2021 (5y) | ||
| Jason N Ginder | Registered representative | Jun 2021 (5y) | ||
| Karen Jennifer Ginder | Registered representative | Jun 2021 (5y) | ||
| Marc Lowlicht | Registered representative | CFP | Jun 2021 (5y) | |
| Matthew Bruce Schechner | Registered representative | Jun 2021 (5y) | ||
| Michael Joseph Allan | Registered representative | CFP | Jun 2021 (5y) | |
| Paul Christian Lorentzen | Registered representative | CFP | Jun 2021 (5y) | |
| Tracy Beth Cohen Mcluckie | Registered representative | Jun 2021 (5y) | ||
| Zachary Earl Young | Registered representative | Jun 2021 (5y) | ||
| Christopher Michael Stone | Registered representative | Jul 2021 (5y) | ||
| Stuart Conley | Registered representative | Oct 2021 (5y) | ||
| Kyle Mikel Kullander | Registered representative | Oct 2021 (5y) | ||
| Edward Paul Deicke | Registered representative | Nov 2021 (5y) | ||
| Zachary Eisner | Registered representative | CFP | Feb 2022 (4y) | |
| Samuel Killian Zweig | Registered representative | Feb 2022 (4y) | ||
| James Windham Rorie | Registered representative | Feb 2022 (4y) | ||
| Shawnna L Summers | Registered representative | Feb 2022 (4y) | ||
| Todd Alan Onda | Registered representative | Feb 2022 (4y) | ||
| Jon Aaron Cullen | Registered representative | Feb 2022 (4y) | ||
| Adam James Stoeppler | Registered representative | Mar 2022 (4y) | ||
| James Baroutas | Registered representative | Jul 2022 (4y) | ||
| Montague Stephan Henry | Registered representative | Jul 2022 (4y) | ||
| Neil Scott Meissner | Registered representative | Jul 2022 (4y) | ||
| Robert Irving Rafford | Registered representative | Jul 2022 (4y) | ||
| Jeffrey Allen Gelber | Registered representative | Jul 2022 (4y) | ||
| Robert Mortimer | Registered representative | CFP | Jul 2022 (4y) | |
| Stephen Joseph Kennedy | Registered representative | Jul 2022 (4y) | ||
| Kelly Graham | Registered representative | Jul 2022 (4y) | ||
| Scott Forest Glazer | Registered representative | Jul 2022 (4y) | ||
| Ira E Menkes | Registered representative | Jul 2022 (4y) | ||
| Robert Theodore Runnfeldt | Registered representative | Jul 2022 (4y) | ||
| Michael Christopher Wing | Registered representative | Jul 2022 (4y) | ||
| Scott Edward Anderson | Registered representative | Aug 2022 (4y) | ||
| Karen Alison Morris | Registered representative | Aug 2022 (4y) | ||
| David Seth Gurievsky | Registered representative | Aug 2022 (4y) | ||
| Kevin Michael Gayle | Registered representative | Aug 2022 (4y) | ||
| Robert Xavier Reilly | Registered representative | Aug 2022 (4y) | ||
| Christopher Leo Michelsen | Registered representative | Aug 2022 (4y) | ||
| Craig Elliott Lodge | Registered representative | CFP | Aug 2022 (4y) | |
| Garrett Joseph Smoke | Registered representative | Aug 2022 (4y) | ||
| Scott Jay Kessler | Registered representative | Aug 2022 (4y) | ||
| Michael Maher | Registered representative | Aug 2022 (4y) | ||
| John Christopher Zoccola | Registered representative | Aug 2022 (4y) | ||
| Mary Ellen Vincent | Registered representative | Aug 2022 (4y) | ||
| Athol Joe Bias | Registered representative | Aug 2022 (4y) | ||
| Joseph Albert Price | Registered representative | Aug 2022 (4y) | ||
| Jeffrey N Bolling | Registered representative | Aug 2022 (4y) | ||
| Jennifer Lynne Chatterton | Registered representative | Aug 2022 (4y) | ||
| Guy Blann Britton | Registered representative | Aug 2022 (4y) | ||
| Firhan Nasir Choudhary | Registered representative | Aug 2022 (4y) | ||
| Ian Edwin French | Registered representative | Aug 2022 (4y) | ||
| Martin Gaia | Registered representative | Aug 2022 (4y) | ||
| Chase Michael Mc Gill | Registered representative | Aug 2022 (4y) | ||
| Joseph Robert Crane | Registered representative | Aug 2022 (4y) | ||
| Kenneth Joseph Mcandress | Registered representative | Aug 2022 (4y) | ||
| Joseph Anthony Pino | Registered representative | Aug 2022 (4y) | ||
| Joseph Clark Koch | Registered representative | CFP | Aug 2022 (4y) | |
| Sandra Dee Mays | Registered representative | Aug 2022 (4y) | ||
| Walter John Hoehler | Registered representative | Nov 2022 (4y) | ||
| Gregory Jason Rothstein | Registered representative | Dec 2022 (4y) | ||
| Robert G Murray | Registered representative | Jan 2023 (4y) | ||
| Chelsey Elaine Collins | Registered representative | Mar 2023 (3y) | ||
| Noah Henry Cabrera | Registered representative | Mar 2023 (3y) | ||
| Nora Christova Brazier | Registered representative | May 2023 (3y) | ||
| Jennifer M Brunotts | Registered representative | Jun 2023 (3y) | ||
| Suraj Arun Joshi | Registered representative | Sep 2023 (3y) | ||
| Ann Wilhelmina Kuppe | Registered representative | CFP | Sep 2023 (3y) | |
| Patrick Lee Baird | Registered representative | Oct 2023 (3y) | ||
| Brian James Smith | Registered representative | Nov 2023 (3y) | ||
| Young Ai Choi | Registered representative | Feb 2024 (2y) | ||
| Marc Thomas Deangelo | Registered representative | Feb 2024 (2y) | ||
| John Cordera | Registered representative | May 2024 (2y) | ||
| Madeline Holley | Registered representative | Jun 2024 (2y) | ||
| Kyle Michael Odell | Registered representative | CFP | Aug 2024 (2y) | |
| Kavian Burke | Registered representative | Aug 2024 (2y) | ||
| Michael Perry Clementi | Registered representative | Nov 2024 (2y) | ||
| Joseph Nathan Galinskie | Registered representative | Jan 2025 (2y) | ||
| Shawn Patrick Kenney | Registered representative | Jan 2025 (2y) | ||
| Christopher Todd Drawbaugh | Registered representative | Jan 2025 (2y) | ||
| Sheldon Frantz | Registered representative | Jul 2025 (1y) | ||
| Michael John Kapp | Registered representative | Jan 2026 (1y) | ||
| Ryan Schechner | Registered representative | Mar 2026 (0y) | ||
| Lance Barton Johnson | Registered representative | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| B. Riley Wealth Management Holdings, Inc. | Direct Owner | Aug 2022 | A | 75% or more |
| B.Riley Financial, Inc. | Parent | Apr 2021 | B | ≈ 56.25% – 100% via B. Riley Wealth Management Holdings, Inc. |
| Br Financial Holdings, Llc | Parent | Apr 2021 | B | ≈ 56.25% – 100% via B. Riley Wealth Management Holdings, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- B.Riley Financial, Inc.: 75% – 100% of B. Riley Wealth Management Holdings, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Br Financial Holdings, Llc: 75% – 100% of B. Riley Wealth Management Holdings, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (14)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Adams Keegan Retirement Savings Plan | Adams Keegan Inc. | 24,235 | $415M | 01/01/2024 |
| The Emery Weiner School Tax 403(b) Plan | The Emery Weiner Center For Jewish Education | 105 | $13.4M | 01/01/2024 |
| Nassau Suffolk Services For The Autistic Inc. 403(b) Plan | Nassau Suffolk Services For The Autistic Inc. | 139 | $6.6M | 01/01/2024 |
| Van Zyverden, Inc. 401(k) Retirement Plan | Van Zyverden, Inc. | 266 | $18.4M | 01/01/2024 |
| American Contract Bridge League 401(k) Retirement Plan | American Contract Bridge League Inc. | 85 | $13.7M | 01/01/2024 |
| Helix Traffic Solutions 401(k) Plan | Helix Traffic Solutions, Llc | 2,386 | $16.5M | 01/01/2024 |
| Huey's Investment Plan | Uncle Donald's Restaurants, Llc | 369 | $10.5M | 01/01/2024 |
| Employees' 401(k) Plan Of Parkhouse Tire Service, Inc. | Parkhouse Tire Services, Inc. | 475 | $22.7M | 01/01/2024 |
| Paperless Inc. 401(k) Profit Sharing Plan & Trust | Paperless Inc. | 131 | $14.6M | 01/01/2024 |
| Eni Us Operating Co. Inc. Savings And Investment Plan | Eni Us Operating Co. Inc. | 207 | $112M | 01/01/2024 |
| Cleveland Clinic Savings And Investment Plan | The Cleveland Clinic Foundation | 68,206 | $9.2B | 01/01/2024 |
| Alta Equipment Company 401(k) Plan & Trust | Alta Enterprises, Llc | 2,507 | $172M | 01/01/2024 |
| Q4 Designs Llc 401(k) Profit Sharing Plan & Trust | Q4 Designs Llc | 78 | $5.6M | 01/01/2024 |
| Saipem America, Inc. Employee Retirement Plan | Saipem America, Inc. | 205 | $26.5M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.08 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Regulatory
as of Sep 05, 2024
Allegations: THE SEC ALLEGED NATIONAL ASSET MANAGEMENT INC. (NAM) HELD 12B-1 SHARES FOR CLIENTS INSTEAD OF LOWER-COST, OTHERWISE IDENTICAL SHARES. THE 12B-1 SHARES PROVIDED ADDITIONAL FEES TO NAM AND ITS ADVISERS. THESE FEES WERE NOT PROPERLY DISCLOSED TO CLIENTS, THUS CREATING AN UNACCEPTABLE CONFLICT OF INTEREST. NATIONAL ASSET MANAGEMENT SELF-REPORTED THE PRACTICE AND ENTERED INTO A SETTLEMENT WITH THE SEC. Status: Final Sanction Detail: WITHOUT ADMITTING OR DENYING THE FINDINGS, AND SOLELY FOR THE PURPOSE OF THIS PROCEEDING BROUGHT BY THE SEC, NATIONAL ASSET MANAGEMENT INC. CONSENTED TO DISGORGEMENT OF $664,006 PLUS $69,417 IN PREJUDGMENT INTEREST FOR A TOTAL OF $733,423. Summary: NATIONAL ASSET MANAGEMENT INC. (NAM) HAS DISTRIBUTED THE AMOUNT OF $733,423. WITHIN 150 DAYS OF THE FINAL DISTRIBUTION, NAM WILL PROVIDE THE SEC WITH A FINAL ACCOUNTING OF FUNDS. NAM WILL CEASE AND DESIST FROM COMMITTING OR CAUSING ANY FURTHER VIOLATIONS OF 206(2) AND 207 OF THE ADVISERS ACT. NATIONAL ASSET MANAGEMENT INC. HAS BEEN CENSURED BY THE SEC.
Regulatory
as of Sep 05, 2024
Allegations: FAILURE TO DISCLOSE AND OBTAIN CONSENT TO OVER 21,000 PRINCIPAL TRADES; FAILURE TO REPORT IN SEC FILINGS AND TIMELY DISCLOSE DISCIPLINARY HISTORIES OF SEVERAL ASSOCIATED PERSONS; FAILURE TO ENFORCE CODE OF ETHICS REGARDING PERSONAL SECURITIES TRADING REPORTS; FAILURE TO ADOPT AND IMPLEMENT CERTAIN COMPLIANCE POLICIES AND PROCEDURES; FAILURE TO CONDUCT ONE REQUIRED ANNUAL REVIEW OF COMPLIANCE POLICIES AND PROCEDURES. Status: Final Sanction Detail: $200,000 PAID BY FIRM Summary: FAILURE TO DISCLOSE AND OBTAIN CONSENT TO OVER 21,000 PRINCIPAL TRADES; FAILURE TO REPORT IN SEC FILINGS AND TIMELY DISCLOSE DISCIPLINARY HISTORIES OF SEVERAL ASSOCIATED PERSONS; FAILURE TO ENFORCE CODE OF ETHICS REGARDING PERSONAL SECURITIES TRADING REPORTS; FAILURE TO ADOPT AND IMPLEMENT CERTAIN COMPLIANCE POLICIES AND PROCEDURES; FAILURE TO CONDUCT ONE REQUIRED ANNUAL REVIEW OF COMPLIANCE POLICIES AND PROCEDURES. SANCTIONS FOR THESE ALLEGATIONS, WHICH TOOK PLACE FROM 2008-2012, INCLUDE A CEASE AND DESIST ORDER, A $200,000 FINE, A CENSURE, A REQUIREMENT TO RETAIN AN INDEPENDENT COMPLIANCE CONSULTANT, AND A REQUIREMENT TO FILE ANNUAL REPORTS REGARDING PRINCIPAL TRADES.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- National Financial Services (Fidelity) $2.7B (64% of AUM) Mar 2026
- Wells Fargo $2.4B (57% of AUM) Mar 2026
- Fidelity Brokerage Services $885M (21% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗