Introduction:
B. Riley Financial, Inc. provides various financial services primarily in the United States and Europe. The company, through its subsidiary, B. Riley & Co., LLC, an investment bank, offers corporate finance, research, and sales and trading services to corporate, institutional, and high net worth clients. Its investment banking services include initial and follow-on offerings, institutional private placements, and merger and acquisition advisory services. The company, through its other subsidiaries, provides financial services, including Great American Group, LLC, which offers advisory and valuation services, asset disposition and auction solutions, and commercial lending services; B. Riley Capital Management, LLC that provides investment products to institutional and high net worth investors, as well as multi-family office practice and wealth management services to ultra-high net worth individuals and families; and Great American Capital Partners, LLC, which offers senior secured loans and second lien secured loan facilities to middle market public and the private U.S. companies. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. B. Riley Financial, Inc. was founded in 1973 and is headquartered in Los Angeles, California.