B. Riley Expands Wealth Division with Addition of David Richburg

Experienced Investment Advisor Joins B. Riley Wealth's Houston Branch

(LOS ANGELES / July 21, 2023) - B. Riley Financial, Inc. (NASDAQ: RILY)("B. Riley") is pleased to welcome veteran financial advisor, David T. Richburg, CFP®, as a Senior Vice President of Investments based in the firm's Houston, TX wealth management branch.

Richburg has more than 24 years of financial industry experience and joins B. Riley Wealth from Edward Jones where he was a financial advisor for 11 years. He previously worked in the wealth management division of Chase Investments. His longtime colleague and former branch office administrator, Rhonda Zimmerman, joins B. Riley as his Client Service Associate.

"We are pleased to welcome David and his clients to B. Riley," said Chuck Hastings, Chairman of B. Riley Wealth. "As we look to expand our established presence in the Houston market, we are honored that David recognizes the value of B. Riley's expansive wealth and investment management platform in serving the multi-faceted needs of his practice today and into the future. Our firm offers growth-minded advisors and their clients access to an array of uniquely diverse proprietary services."

As a Certified Financial PlannerTM (CFP®), Richburg emphasizes personalized, goal-driven advice in providing investment advisory and consultative financial planning to his clients. He approaches each client relationship individually to gain a thorough understanding of their needs and goals. He is a resident of Katy, Texas, and an alumnus of Texas A&M University.

"After carefully assessing the needs of my clients and considering the future of the financial services industry, I chose to join B. Riley Wealth for its strong client focus," said Richburg. "I'm excited to have access to the in-house expertise and full breadth of B. Riley's offerings. I believe that here I am well-positioned to anticipate and serve my clients' needs into the future."

Houston branch manager Bob Anthony added, "I've known David for many years, having previously been his branch manager, and I couldn't be more excited that he chose to join our local team. I know that his approach to serving clients with holistic, consultative advice is an ideal fit with the B. Riley Wealth culture."

David Richburg may be reached at drichburg@brileywealth.com or (713) 226-4702.

B. Riley Wealth includes approximately 400 experienced financial advisors and registered representatives serving customers nationwide. The firm offers comprehensive consultative financial planning services and solutions spanning securities brokerage, investment management, insurance products, and tax planning and preparation services. Representatives leverage the diverse resources and expertise offered by other B. Riley companies to meet their clients' unique financial needs. Services offered by B. Riley affiliates include investment banking, capital markets solutions, equity research, real estate advisory, forensic accounting, litigation support, appraisal, and valuation services. B. Riley Wealth had more than $26 billion in assets under management as of March 2023.

About B. Riley Wealth

With offices coast to coast, B. Riley Wealth is a leading private wealth and investment management platform that provides comprehensive, collaborative financial solutions to individuals and families, businesses and institutions, non-profits, trusts, foundations, and endowments. Securities and variable insurance products are offered through B. Riley Wealth Management; fee-based asset management and advisory services are offered through B. Riley Wealth Advisors; insurance products, including fixed annuities (but not variable products) are offered through B. Riley Wealth Insurance Corporation; and tax preparation and accounting services are offered through B. Riley Wealth Tax Services. For more information, visit https://brileywealth.com and follow @BRileyWealth on Twitter.

B. Riley Wealth is a subsidiary of B. Riley Financial (Nasdaq: RILY). B. Riley refers to B. Riley Financial, Inc. and/or one or more of its subsidiaries or affiliates.

Business Contact

Kathy Ridley

B. Riley Wealth


(617) 951-6904

Media Contact

Jo Anne McCusker

B. Riley Financial


(646) 885-5425