B. Riley Wealth Advisors, Inc.

B. Riley Wealth Advisors, established in Memphis, TN, offers a Wrap Fee Program providing investment advice, brokerage, and custodial services. Clients pay a combined fee based on assets held within their account, with fees negotiated case-by-case. The firm acts as a Portfolio Manager, utilizing Envestnet for administrative services and trading. Clients can select from various Custodians with maximum annual fees ranging from 2.75% to 2.00%. The program allows for discretionary or non-discretionary management, with fees not exceeding 2.75%. Additional Wrap Fee Programs include SMA, UMA, and FSP programs. The firm discloses conflicts of interest, account requirements starting at $25,000, and serves various client types. Investment recommendations are based on individual objectives and risk tolerance. The firm conducts annual account reviews and provides reports to clients. Disciplinary actions include past violations related to 12b-1 fees. The firm is affiliated with B. Riley Wealth Management, Inc., and receives compensation from Clearing Firms. Clients should be aware of potential conflicts of interest and additional fees associated with the program. The firm maintains a Code of Ethics and discloses financial information for transparency.