B. Riley Wealth Management Welcomes Steven Arcos As Los Angeles Branch Manager
(LOS ANGELES / February 8, 2021) – B. Riley Wealth Management, Inc., a full service private wealth and investment services firm and subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), is pleased to announce that Steven Arcos has joined the firm as managing director and branch manager of the Los Angeles office.
“We’re excited to have Steve onboard to lead and grow this flagship branch in the city where B. Riley Financial is headquartered,” said Chuck Hastings, Chief Executive Officer, B. Riley Wealth Management. “As an accomplished industry veteran with an extensive background in sales management, brokerage operations and compliance, Steve understands how to support top-level advisors serving high net worth practices.”
Arcos joins B. Riley from Oppenheimer & Co., Inc., where during a 20-year affiliation, he served as branch manager of the L.A. Westwood branch, Business Development Manager, and Managing Director – Investments. His 37-year financial services career also includes positions as assistant branch manager for Morgan Stanley’s Beverly Hills office, and regional compliance manager and operations manager for Dean Witter Reynolds, Inc.
“My entire financial services career has been spent here in the greater Los Angeles area, so I’ve followed the growth and success of B. Riley Financial with great interest,” said Arcos. “I’m excited to be a part of this impressive company where I can introduce the boutique culture and deep expertise of the B. Riley platform to financial advisors in this market. I believe the complete package of personalized support and unique resources available at B. Riley Wealth Management is beyond comparison.”
About B. Riley Wealth Management
B. Riley Wealth Management provides a full suite of investment management services and solutions to individuals and families, and small and large businesses, including non-profits, qualified retirement plans, endowments and foundations. Our experienced financial advisors leverage the diverse resources and expertise of our affiliated network of companies to help clients create a sound financial strategy. The firm is a wholly owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), a publicly traded, diversified financial services company. To learn more about our services and to get in touch with a financial advisor near you, visit www.brileywealth.com.
Steve is good. Just shows how bad things are there. The Head of Private Client neved worked outside the home office, doesn’t understand the business, doesn’t return calls and just dramatically cut manager comp. Great recipe for success. Good for Steve that he left.
Steve is top notch. They are lucky to have him.