Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 2.75% |
| $250K - $1.0M | 2.50% |
| $1M+ | 2.00% |
Maximum fees. Actual fees and breakpoints are negotiable.
Fee Estimator
B. Riley Wealth Advisors offers wrap fee programs where you pay a single fee for investment advice, brokerage, and custodial services. The maximum annual fee for the Advisor-as-Portfolio Manager (APM) program is 2.75% on the first $250,000, 2.50% on the next $750,000, and 2.00% above $1,000,000. Fees and breakpoints are negotiable. Sub-advisers on the Envestnet platform typically charge 0.25% to 0.75% per year, included in the wrap fee. The minimum account size ranges from $25,000 to $250,000, but is negotiable. Clients may receive a net negative yield on cash balances held in the Bank Deposit Sweep Program (BDSP).
Areas of Practice
Advisor Information
Office location
255 Executive Drive, Suite 305, Plainview, NY, 11803
Get directionsRegulatory History (6)
Customer Dispute
July 2003Customer Dispute
October 1998Customer Dispute
August 1998Customer Dispute
June 1993Customer Dispute
March 1993Customer Dispute
January 1988Other Business ActivitiesSells Insurance
Andrew is involved with North Shore Wealth Management, LLC as a DBA for financial securities business conducted through B. Riley Wealth Management, dedicating full-time hours to it. He also works as an agent for B. Riley Wealth Insurance, dedicating a few hours per week to insurance sales.