LOS ANGELES, Jan. 08, 2018 (GLOBE NEWSWIRE) -- B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY), announced today that industry veteran, Mark J. Grant, has joined the firm as Managing Director and Chief Global Strategist. In his new role, Mr. Grant will provide B. Riley FBR and its affiliate, Wunderlich Securities, Inc., with insights on economic trends and market strategy.
Mr. Grant brings 43 years of experience in the financial industry and is recognized for his commentary on the financial markets. He is frequently featured in the financial media where he discusses domestic and foreign market trends and the impact of socio-political change on market behavior.
"We're thrilled to have Mark join the firm," said Bryant Riley, Chairman and CEO of B. Riley Financial, Inc. "Our firm continually strives to provide our clients with financial services that provide optimal results. Mark's extensive experience and actionable insights will enable us to enhance our services across the firm and deliver a unique and advantageous experience to our clients."
Mr. Grant commented: "Seeing how B. Riley FBR has transformed in many ways over the past few
years not only illustrates their commitment to deliver exceptional financial services, but is a reflection of their enthusiasm and progressive mindset for the financial services industry. I'm excited to be part of the team and contribute to the firm's growth and future success."
Prior to joining the firm, Mr. Grant served as Managing Director and Chief Strategist at Hilltop Securities Inc. Throughout his career, he has held various senior management positions, including serving as head of capital markets and as a board member at four investment banks. Mr. Grant also served as the President and as a board member of a public company in the telecommunications field while continuing to work on Wall Street. In addition, he is the author of "Out of the Box," a daily newsletter
of market commentary with a distribution of approximately 5,000 institutions in approximately 48 countries, as well as the author of an investment strategy book titled "Out of the Box and Onto Wall Street." Mr. Grant is one of only 15 people designated by Bloomberg as a Bloomberg prophet. He is a graduate of Occidental College and is based out of the firm's Ft. Lauderdale office.
About B. Riley FBR, Inc.
B. Riley FBR, Inc. is a leading investment bank which provides corporate finance, research and sales and 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.
About Wunderlich Securities, Inc.
Wunderlich provides comprehensive wealth management and brokerage services to individuals and families, corporations and non-profit organizations, including qualified retirement plans, trusts, foundations and endowments. Established in 1996 and headquartered in Memphis, Tennessee, Wunderlich has 23 offices in 14 states and 400 associated professionals.
About B. Riley Financial, Inc.
B. Riley Financial, Inc. is a publicly traded, diversified financial services company which takes a collaborative approach
to the capital raising and financial advisory needs of public and private companies and high net worth individuals. The Company operates through several wholly-owned subsidiaries, including B. Riley FBR, Inc., Wunderlich Securities, Inc.,
Great American Group, LLC, B. Riley Capital Management, LLC (which includes B. Riley Asset Management, B. Riley Wealth Management, and Great American Capital Partners, LLC) and B. Riley Principal Investments, a
group that makes proprietary investments in other businesses, such as the acquisition of United Online, Inc.
Source: B. Riley FBR, Inc.
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