LOS ANGELES, Sept. 13, 2016 /PRNewswire/ -- B. Riley & Co., LLC (B. Riley), a leading full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), announced today that Jon Merriman joins the firm as Senior Managing Director, Head of Capital Markets to expand and enhance B. Riley's equity capital markets and banking business.
"We're excited to have Jon join the B. Riley platform. We are seeing more opportunities to both lead and participate in equity and debt financings and having Jon's relationships and background to help lead the charge is well timed," said Ryan Bernath, Senior Managing Director, Head of Investment Banking.
Mr. Merriman brings over 25 years of experience in the investment banking, brokerage and trading businesses. His deep experience in corporate turnarounds, capital markets transactions and growing organizations combined with his extensive institutional and personal network, as well as his trading experience, gives him a unique perspective when working with investment banking clients and institutional investors. Over the course of his finance career, Merriman has served on several private, public and non-profit company boards and continues to be active as a board member and advisor. Prior to B. Riley, Mr. Merriman was Co-Chairman and CEO of Merriman Holdings, Inc.
"Expanding our investment banking and advisory businesses is a critical part of our growth plan at B. Riley Financial. The hiring of Jon and his team is consistent with that plan and I'm very pleased that they have chosen to continue their careers on our platform, leveraging for their clients the full suite of services we have developed," said Bryant Riley, Chairman and CEO of B. Riley Financial.
When asked about his new role with B. Riley, Mr. Merriman responded, "I have known the management team at B. Riley for many years and have been impressed with their ability to diversify, grow and create differentiated financial service offerings. I'm excited to help expand B. Riley's equity capital markets and advisory businesses as I believe that there are tremendous growth opportunities ahead of us."
About B. Riley & Co.
B. Riley & Co., LLC is a leading investment bank which provides corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, and merger and acquisitions advisory services. The firm is nationally recognized for its highly ranked proprietary equity research. B. Riley & Co., LLC is a member of FINRA and SIPC.
B. Riley Financial, Inc. (NASDAQ: RILY) provides collaborative financial services and solutions through several subsidiaries, including: Great American Group, LLC, a leading provider of advisory and valuation services, asset disposition and auction solutions; B. Riley Capital Management, LLC, an SEC registered Investment Advisor, which includes B. Riley Asset Management, a provider of investment products to institutional and high net worth investors, and B. Riley Wealth Management (formerly MK Capital Advisors), a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families; and Great American Capital Partners, a provider of senior secured loans
and second lien secured loan facilities to middle market public and private U.S. companies. B. Riley Financial, Inc. is headquartered in Los Angeles with offices in major financial markets throughout the United States and Europe. For more information on B. Riley Financial, Inc., please visit www.brileyfin.com.
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SOURCE B. Riley & Co., LLC