B. Riley Financial, Inc.: directors' dealings · United States · SEC (Form 4)

About B. Riley Financial, Inc.

B. Riley Financial, Inc. (ticker RILY) is a diversified U.S. financial services company listed on the NASDAQ in the United States. For French-speaking investors, it is best understood not as a traditional bank, but as a multi-line financial platform that combines capital markets, advisory, wealth management, restructuring, asset monetization, and select operating businesses. The company was founded in 1997 by Bryant Riley and Tom Kelleher, and its current corporate structure was further shaped by the strategic combination with Great American Group in 2014. Its headquarters are in Los Angeles, California, placing it in one of the main financial and entrepreneurial hubs on the U.S. West Coast. ([fintel.io](https://fintel.io/doc/sec-b-riley-financial-inc-1464790-10k-2024-april-24-19837-3448?utm_source=openai)) B. Riley’s business model spans multiple operating segments, historically disclosed around Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer Products. In capital markets, the firm provides investment banking, equity research, mergers and acquisitions advisory, corporate finance, restructuring advisory, and private capital solutions. Wealth management includes brokerage, investment management, insurance, and tax-related services. The Financial Consulting platform covers valuation, due diligence, transaction support, and restructuring work, while the auction and liquidation capability supports the sale or wind-down of distressed or non-core assets. This mix gives the company a differentiated position among U.S. boutique financial services firms, because it can support clients across the full business life cycle, especially in complex or stressed situations. ([fintel.io](https://fintel.io/doc/sec-b-riley-financial-inc-1464790-10k-2024-april-24-19837-3448?utm_source=openai)) From a competitive standpoint, B. Riley stands out through its integrated, opportunistic model. It sits somewhere between an investment banking boutique, a special situations adviser, and an asset monetization platform. That breadth can be a strength because it allows the firm to generate revenue across different market environments and to serve clients in transition, refinancing, recapitalization, or divestiture scenarios. At the same time, the model can be more volatile than that of a plain-vanilla financial institution, since performance is exposed to market conditions, asset values, deal flow, and credit risk. Recent company disclosures indicate a continued focus on portfolio simplification and strategic review of certain legacy businesses, including actions linked to the former Great American Group assets. In 2024, the company also said it had retained Moelis & Company as an independent financial adviser to review strategic alternatives for some businesses, which is an important signal for investors monitoring capital allocation and future portfolio shape. ([fintel.io](https://fintel.io/doc/sec-b-riley-financial-inc-1464790-10k-2024-april-24-19837-3448?utm_source=openai)) Geographically, B. Riley is primarily a U.S.-focused platform, with its core operations and client base concentrated in the United States. Recent notable items include 2024 and 2025 financial updates, portfolio changes, and a steady flow of SEC Form 4 insider transaction filings, which have made the stock particularly visible to market participants watching governance and insider behavior. For investors in France, Belgium, or Switzerland, RILY is therefore a specialized U.S. financials name: not a conventional bank, but a more complex, cyclical, and event-driven platform that can offer exposure to advisory, restructuring, and special situations activity in the American market. ([ir.brileyfin.com](https://ir.brileyfin.com/?utm_source=openai))