Experienced Private Wealth Investment Manager
Joins B. Riley Wealth Boston Branch
LOS
ANGELES, Sept. 19, 2022 /PRNewswire/ -- B. Riley
today announced that Jay Murphy has
joined as a Senior Managing Director of Investments with B. Riley
Wealth, one of the fastest-growing wealth management firms in the
country. Murphy is an experienced investment manager and financial
advisor who caters to high and ultra-high-net-worth individuals and
family offices. He is based in the firm's Boston, MA branch location. His addition
coincides with the branch's recent relocation to Boston's financial district at 10 Post Office
Square.
B. Riley offers one of the most dynamic
private wealth and investment management platforms in the
country.
"We are pleased to welcome Jay and his talents to B. Riley, and
look forward to expanding our presence in Boston," said Chuck
Hastings, co-CEO of B. Riley Wealth. "Jay represents the
caliber of service and integrity that our firm offers, as well as
the requisite experience to cater to the complex needs of a
sophisticated client base. With access to uniquely diverse and
proprietary services, our firm offers growth-minded advisors and
clients one of the most expansive private wealth and investment
management platforms in the country."
Murphy brings more than 40 years of experience in investment
advisory, portfolio management, and brokerage to his clients. He
has extensive experience writing investment policies and in
advising, constructing, and monitoring multi-manager portfolios for
wealthy families, fiduciaries, retirement plans, and foundations.
In addition to investment advisory and management, Murphy works
with private institutional clients on private equity and real
estate investment solutions. He was previously associated with
Alex. Brown, a division of Raymond
James, and has worked in the private wealth management
divisions of Deutsche Bank and Credit Suisse. Murphy began his
career as a traditional stockbroker at Merrill Lynch.
"I'm pleased to join a dynamic and growing platform that offers
such a diverse mix of unique solutions and opportunities that can
allow me to continue to serve my clients' needs exceptionally
well," said Murphy.
B. Riley Wealth includes approximately 500 experienced financial
advisors and registered representatives serving customers
nationwide. The firm offers comprehensive consultative financial
planning services and solutions spanning securities brokerage,
investment management, variable 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 $25
billion in assets under management as of August 2022.
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
kathyridley@brileywealth.com
(617) 951-6904
|
Media
Contact
Jo Anne McCusker
B. Riley Financial
press@brileyfin.com
(646) 885-5425
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/b-riley-expands-wealth-management-division-with-addition-of-jay-murphy-301626942.html
SOURCE B. Riley Financial