Case 2 B. Riley Financial, Inc
B. Rajesh Kumar
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B. Rajesh Kumar: Institute of Management Technology
A chapter in Rising Stars, 2024, pp 9-17 from Springer
Abstract:
Abstract Riley Financial, Inc. is a diversified financial services company which provides a full range of investment banking, corporate finance research, sales and trading, advisory, valuation, and wealth management services. Over a period of 25 years, the company has created a competitive diversified financial service platform by offering a diverse suite of business capabilities beyond the traditional financial service offerings. The company has $30 billion client assets under administration and approximately 650 registered representatives. The company engaged in about 500 average advisory matters per year. The total cumulative stock returns for Riley stock during the 5-year period (June 22, 2017, to June 22, 2022) was approximately 188%. The 3-year growth rate in total revenues and total assets during the period 2019–2021 was 62% and 51%, respectively.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-50032-9_2
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DOI: 10.1007/978-3-031-50032-9_2
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