Operating through its various subsidiaries, B. Riley Financial, Inc. delivers a comprehensive array of investment banking and financial services. These offerings cater to corporate entities, institutional investors, and high-net-worth individuals across North America, Australia, and Europe. The firm's operations are strategically organized into six core divisions: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal Investments–Communications, and Brands. Its Capital Markets segment is a hub for investment banking, corporate finance, and financial advisory, encompassing services like mergers and acquisitions, restructuring guidance, and facilitating both initial and secondary public offerings, alongside institutional private placements. This division further handles research, securities lending, sales, trading activities, asset management, and equity securities trading. The Wealth Management division specializes in delivering comprehensive wealth management and tax planning services. Through its Auction and Liquidation arm, the company executes retail store liquidations and manages the disposition of wholesale and industrial assets. The Financial Consulting segment extends its expertise across various areas including bankruptcy proceedings, forensic accounting, litigation support, operations management, real estate consulting, and valuation and appraisal services. The Principal Investments–Communications division is focused on technology and connectivity, offering consumer internet access via United Online's NetZero and Juno brands, Voice over IP (VoIP) communication products and subscriptions through magicJack, and mobile phone services with Marconi Wireless. Finally, its Brands segment is dedicated to managing and licensing a portfolio of consumer brands, featuring names such as Catherine Malandrino, English Laundry, Joan Vass, Kensie Girl, Limited Too, and Nanette Lepore. Additionally, B. Riley provides various advisory and brokerage services, alongside offering senior secured and second lien secured loans primarily to middle-market public and private U.S. companies. Originally established in 1973 as Great American Group, Inc., the company adopted its current name, B. Riley Financial, Inc., in November 2014. Its corporate headquarters remain in Los Angeles, California.