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B. Riley Financial, Inc..

RILY.US | Other activities auxiliary to financial service activities

B. Riley Financial, Inc. is a diversified financial services company that provides a range of investment banking, financial advisory, wealth management, and investment solutions to corporate, institutional, and high-net-worth clients. The company operates through several segments, including Capital ...Show More

Ethical Profile

Mixed.

B. Riley Financial's ethical standing presents a mixed picture. In April 2024, the company experienced a cybersecurity incident that temporarily interrupted network operations for its Targus file systems. While B. Riley stated no material financial impact, specific details on the breach's scale or data compromised are not publicly available. The company's privacy policy indicates it collects sensitive customer data, including social security numbers and credit history. On a positive note, B. Riley Financial reports a CEO-to-median worker pay ratio of 59:1, significantly lower than the 2023 S&P 500 average of 268:1. Employee reviews on Glassdoor reflect decent satisfaction, with 3.8/5 stars for compensation and benefits, and 4.0/5 for work/life balance. Additionally, reports suggest B. Riley has expanded its aerospace & defense investment banking, indicating potential involvement in the defense sector.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-50
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

B. Riley Financial, Inc. is a diversified financial services company. Its core business activities, including investment banking, wealth management, and principal investments, do not directly involve the provision of health-related products or services. While a subsidiary, B. Riley Securities, has expanded its healthcare and life sciences investment banking team and advises companies in the healthcare sector, this role is advisory and financial, not directly related to the health impact, safety, accessibility, or innovation of health products or services.

1
Consequently, none of the provided articles contain specific, concrete data points that are applicable to the 'Better Health for All' KPIs for a financial services firm, resulting in a neutral score for all relevant metrics.

Fair Money & Economic Opportunity

0

No evidence available to assess B. Riley Financial, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

20

B. Riley Financial's CEO-to-median worker pay ratio is 59:1.

1
The company has an employee rating of 4.0 out of 5 stars on Glassdoor, which is equivalent to 80% satisfaction, and 64% of employees would recommend working there.
2

Fair Trade & Ethical Sourcing

0

No evidence available to assess B. Riley Financial, Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess B. Riley Financial, Inc. on Honest & Fair Business.

Kind to Animals

0

B. Riley Financial, Inc. is a diversified financial services company. Its core business activities, including investment banking, financial advisory, and wealth management, do not involve animal testing, animal agriculture, or the production of physical goods that would require cruelty-free certification or animal-derived ingredients.

1
One article explicitly states 'No Animal Exploitation' for RILY.US.
2
Therefore, all animal welfare-related KPIs are not applicable to its operations.

No War, No Weapons

0

No specific, quantitative data points were found in the provided articles to assess B. Riley Financial, Inc. against the 'No War, No Weapons' ethical value. While one article mentions the hiring of a Senior Managing Director of Aerospace & Defense Investment Banking,

1
this information does not provide any measurable data on revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other specific KPI in the rubric. The Sustainalytics article also indicates a lack of data on the company's activities related to arms sales or peacebuilding.
2

Planet-Friendly Business

0

B. Riley Financial, Inc. has 0.0% stranded assets, indicating no assets are at risk from climate transition.

1
No other specific, concrete data points were found across the provided articles for any other Planet-Friendly Business KPIs.

Respect for Cultures & Communities

0

No evidence available to assess B. Riley Financial, Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

-50

B. Riley Financial, Inc. experienced a cybersecurity incident on April 5, 2024, where a threat actor gained unauthorized access to certain file systems of its indirect subsidiary, Targus International, LLC.

1
This incident caused a temporary interruption in Targus's network business operations.
2
The company contained the incident by April 8, 2024, and recovery efforts are in progress.
3
Targus notified relevant regulatory authorities and will cooperate with law enforcement, including filing an 8-K with the SEC on April 8, 2024.
4
The company does not currently believe the incident will materially impact its financial condition or results of operations.
5
No other B. Riley subsidiaries were affected.
6

Zero Waste & Sustainable Products

0

No evidence available to assess B. Riley Financial, Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.