{
  "crd_number": 115927,
  "slug": "b-riley-wealth-advisors-inc-memphis-tn-115927",
  "primary_business_name": "B. RILEY WEALTH ADVISORS, INC.",
  "legal_name": "B. RILEY WEALTH ADVISORS, INC.",
  "dbas": [
    "B. RILEY WEALTH",
    "BASTION FINANCIAL GROUP",
    "BERGERON & PLAUCHE LLC",
    "BIAS INVESTMENT SERVICES LLC",
    "BLUE MOUNTAIN WEALTH MANAGEMENT",
    "BOLLING WEALTH MANAGEMENT",
    "BRIMMER FINANCIAL",
    "CAM PRIVATE WEALTH SERVICES LLC",
    "CONSILIENCE ASSET MANAGEMENT",
    "EINSENHAUER WEALTH MANAGEMENT",
    "EISNER WEALTH MANAGEMENT",
    "ESSENTIAL ADVISORY SERVICES LLC",
    "FINANCIAL CONSULTANT GROUP",
    "GADBERRY FINANCIAL GROUP",
    "HERITAGE FINANCIAL SOLUTIONS",
    "HILTON HEAD ASSET MANAGEMENT GROUP",
    "HUNTERS GATE CAPITAL",
    "HYPERION WEALTH ADVISORS",
    "INTEGRITY WEALTH ADVISORS",
    "JADERLUND INVESTMENTS LLC",
    "JBT WEALTH MANAGEMENT",
    "KENNEY CAPITAL MANAGEMENT LLC",
    "LANDING POINT ADVISORS",
    "LEISCH FINANCIAL SERVICES, INC.",
    "LIFETIME ADVISORY",
    "LODGE WEALTH MANAGEMENT",
    "MARC-DEANGELO.COM",
    "MERIDIAN FINANCIAL PARTNERS",
    "MORRIS FINANCIAL SERVICES",
    "NORTH SHORE WEALTH MANAGMENT LLC",
    "OPES PRIVATE WEALTH MANAGEMENT",
    "PINO WEALTH MANAGEMENT",
    "PRICE WEALTH ADVISORY LLC",
    "PRIME WEALTH MANAGMENT",
    "SARNER WEALTH MANAGEMENT LLC",
    "SISU WEALTH MANAGEMENT",
    "STRATEGIC FAMILY CAPITAL",
    "T.H.E. WEALTH MANAGEMENT",
    "TRADE WINDS WEALTH MANAGEMENT"
  ],
  "city": "Memphis",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "32820",
  "metro": {
    "cbsa_code": "32820",
    "common_name": "Memphis",
    "msa_name": "Memphis, TN-MS-AR",
    "path": "/advisors/tn/memphis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2005-11-03",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 4211631082.0,
  "raum_discretionary": 2793394985.0,
  "raum_non_discretionary": 1418236097.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 268,
  "advisory_employees": 172,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 17500549.0,
      "count": 16
    },
    "individuals": {
      "raum": 2133900490.0,
      "count": 9295
    },
    "pension_profit_sharing": {
      "raum": 85298636.0,
      "count": 267
    },
    "high_net_worth_individuals": {
      "raum": 1885007480.0,
      "count": 801
    },
    "corporations_other_businesses": {
      "raum": 89923927.0,
      "count": 194
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 9,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://brileywealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/115927",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "MEMPHIS",
  "url": "https://advisorcensus.com/firm/b-riley-wealth-advisors-inc-memphis-tn-115927",
  "display_name": "B. Riley Wealth Advisors, Inc.",
  "summary": "B. Riley Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Memphis, TN, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. B. Riley Wealth Advisors, Inc. (CRD 115927): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is B. Riley Wealth Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), B. Riley Wealth Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is B. Riley Wealth Advisors, Inc. located?",
      "a": "B. Riley Wealth Advisors, Inc.'s principal office is in Memphis, TN, according to its Form ADV; the April 2026 filing also lists 22 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is B. Riley Wealth Advisors, Inc. registered with the SEC or a state?",
      "a": "B. Riley Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 115927."
    },
    {
      "q": "How much does B. Riley Wealth Advisors, Inc. manage?",
      "a": "B. Riley Wealth Advisors, Inc. reports $4,211,631,082 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (66% discretionary)."
    },
    {
      "q": "How have B. Riley Wealth Advisors, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for B. Riley Wealth Advisors, Inc.: Regulatory assets under management: $4,889,886,592 in the October 2021 data and $4,211,631,082 in the October 2026 data, down 14%. Total employees: 324 in October 2021 and 268 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does B. Riley Wealth Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (9,295); high net worth individuals (801); pension and profit sharing plans (but not the plan participants or government pension plans) (267)."
    },
    {
      "q": "Which custodians does B. Riley Wealth Advisors, Inc. use?",
      "a": "B. Riley Wealth Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC, National Financial Services LLC and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does B. Riley Wealth Advisors, Inc. report any disciplinary disclosures?",
      "a": "Reports 9 disclosure items on Form ADV Item 11: yes answers to 9 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.D(5), 11.E(2), 11.E(4)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/115927"
    },
    {
      "q": "What changed in B. Riley Wealth Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Oasis Asset Management Group. No longer lists the business name Pirro Financial Group LLC. No longer lists the business name Gibson Financial Group. No longer lists the business name JPS Wealth Management. No longer lists the business name Wealth(k)are. Added the business name Leisch Financial Services, Inc.. Added the business name Jaderlund Investments LLC. Added the business name Lodge Wealth Management. Added the business name Marc-Deangelo.com. Item 11 disclosure answers changed: 9 yes answers, previously 10 (now no: 11.E(1)). Employees performing advisory functions went from 274 to 172. Regulatory assets under management went from $7,027,862,844 to $4,211,631,082 (-40%). Changed its office addresses in Boston, MA. Changed its office addresses in Chicago, IL. Changed its office addresses in Red Bank, NJ. Added an office in Buffalo, NY. Added an office in Fairfield, CT. Added an office in Lake Ronkonkoma, NY. Added an office in Little Rock, AR. Added an office in Livingston, NJ. Added an office in Tampa, FL. No longer lists an office in Beachwood, OH. No longer lists an office in Boca Raton, FL. No longer lists an office in Lubbock, TX. No longer lists an office in Mayfield Heights, OH. No longer lists an office in Mineola, NY. No longer lists an office in New Windsor, NY. No longer lists an office in New York, NY. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4889886592.0,
      "total_employees": 324,
      "filing_date": "2021-09-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 6501151567.0,
      "total_employees": 337,
      "filing_date": "2022-08-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 6884819404.0,
      "total_employees": 503,
      "filing_date": "2023-09-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 7645255735.0,
      "total_employees": 457,
      "filing_date": "2024-09-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 7027862844.0,
      "total_employees": 350,
      "filing_date": "2025-06-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4211631082.0,
      "total_employees": 268,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Oasis Asset Management Group.",
        "No longer lists the business name Pirro Financial Group LLC.",
        "No longer lists the business name Gibson Financial Group.",
        "No longer lists the business name JPS Wealth Management.",
        "No longer lists the business name Wealth(k)are.",
        "Added the business name Leisch Financial Services, Inc..",
        "Added the business name Jaderlund Investments LLC.",
        "Added the business name Lodge Wealth Management.",
        "Added the business name Marc-Deangelo.com.",
        "Item 11 disclosure answers changed: 9 yes answers, previously 10 (now no: 11.E(1)).",
        "Employees performing advisory functions went from 274 to 172.",
        "Regulatory assets under management went from $7,027,862,844 to $4,211,631,082 (-40%).",
        "Changed its office addresses in Boston, MA.",
        "Changed its office addresses in Chicago, IL.",
        "Changed its office addresses in Red Bank, NJ.",
        "Added an office in Buffalo, NY.",
        "Added an office in Fairfield, CT.",
        "Added an office in Lake Ronkonkoma, NY.",
        "Added an office in Little Rock, AR.",
        "Added an office in Livingston, NJ.",
        "Added an office in Tampa, FL.",
        "No longer lists an office in Beachwood, OH.",
        "No longer lists an office in Boca Raton, FL.",
        "No longer lists an office in Lubbock, TX.",
        "No longer lists an office in Mayfield Heights, OH.",
        "No longer lists an office in Mineola, NY.",
        "No longer lists an office in New Windsor, NY.",
        "No longer lists an office in New York, NY.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "No longer lists the business name RDL Wealth Management.",
        "No longer lists the business name R.J. Campbell Investments LLC.",
        "No longer lists the business name Horizon Monetary Management.",
        "No longer lists the business name Hemlock Wealth Management.",
        "No longer lists the business name Concord Financial Group LLC.",
        "No longer lists the business name Advisium Wealth Management LLC.",
        "Added the business name Eisner Wealth Management."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Wells Fargo Clearing Services, LLC",
      "name_as_filed": "WELLS FARGO CLEARING SERVICES, LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/b-riley-wealth-advisors-inc-memphis-tn-115927.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 9295,
      "fewer_than_5": false,
      "raum": 2133900490.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 801,
      "fewer_than_5": false,
      "raum": 1885007480.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 267,
      "fewer_than_5": false,
      "raum": 85298636.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 16,
      "fewer_than_5": false,
      "raum": 17500549.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 194,
      "fewer_than_5": false,
      "raum": 89923927.0
    }
  ],
  "disclosure_line": "Reports 9 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/115927",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}