B. Riley's Fixed Income Division Expands Leadership Team and Opens New Office

Rhea-AI Summary

B. Riley Securities, a subsidiary of B. Riley Financial (NASDAQ: RILY), appointed Robert Hamill as Senior Managing Director of Fixed Income. Hamill joins Tim Sullivan, who began his role on February 1, to enhance the national growth of the fixed income division. With over 35 years of financial services experience, including positions at Drexel Burnham Lambert and JP Morgan, Hamill aims to improve client relationships and expand the department. B. Riley offers various fixed income solutions, leveraging a network of over 1,000 institutional investors.

Positive

• Appointment of Robert Hamill brings extensive fixed income expertise.
• Strategic growth planned for the fixed income division under new leadership.
• Expansion of services in structured products enhances client offerings.
• Strong institutional network of over 1,000 investors supports growth.

Negative

• None.

LOS ANGELES, Feb. 28, 2022 /PRNewswire/ -- B. Riley Securities, a leading full-service investment bank and subsidiary of B. Riley Financial (NASDAQ: RILY) ("B. Riley"), today announced the appointment of Robert ("Bob") Hamill as Senior Managing Director, Fixed Income. Hamill brings an abundance of fixed income expertise to B. Riley where he is working alongside Tim Sullivan, who was previously announced as the Head of Fixed Income and officially started in his new role on February 1, and the leadership team to strategically grow the fixed income group nationwide.

Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, commented: "The expansion of our fixed income division is a very exciting time for our platform, particularly in structured products which complements our institutional and retail distribution capabilities very well. Bob is a fantastic addition to the team and is leading the charge with Tim to grow our fixed income group into a premier destination to work that continues to bring immense value to B. Riley's clients."

Hamill, focused on relationship management and capital markets, is playing a key role in building out the department, strategic planning, recruiting, legal and compliance aspects of the business. He brings more than 35 years of financial services experience to B. Riley Securities, with deep expertise in institutional sales and the trading of leveraged credit products from his time as a VP at Drexel Burnham Lambert and Managing Director at JP Morgan, Lehman Brothers and Jefferies. His career began at EF Hutton and Company in the corporate finance department, and he earned his B.A. from Hamilton College and an M.B.A. from Harvard Business School.

"B. Riley's track record of providing unique investment solutions that address the evolving needs of clients is unrivaled," added Mr. Hamill. "I'm excited to join the team and grow our headcount while further enhancing client relationships and deepening our partnerships with financial institutions."

B. Riley offers an extensive suite of primary and secondary market solutions, including a market-leading senior notes offering franchise and specialization in corporate debt, preferred stock offerings, term loans and private placements. The firm's fixed income sales and trading professionals provide issuers with high-quality distribution through its network of over 1,000 institutional investors.

For more information about B. Riley Securities' fixed income opportunities and capabilities, contact fixedincomeopportunities@brileyfin.com or visit www.brileysecurities.com.

About B. Riley Securities
B. Riley Securities provides a full suite of investment banking, corporate finance, advisory, research, and sales and trading services. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, corporate restructuring and recapitalization. B. Riley is nationally recognized and highly ranked for its proprietary small-cap equity research. The firm is a wholly owned subsidiary of B. Riley Financial.

B. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction and liquidation services. For more information, please visit www.brileyfin.com.

Contacts
Investors
Mike Frank
ir@brileyfin.com 
(212) 409-2424

Media
Andrew Jennings
press@brileyfin.com

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SOURCE B. Riley Financial

FAQ

What is the significance of Robert Hamill's appointment at B. Riley (RILY)?

Robert Hamill's appointment as Senior Managing Director of Fixed Income signifies B. Riley's commitment to enhancing its fixed income capabilities and strategic growth.

Who is leading the fixed income division at B. Riley following recent appointments?

Tim Sullivan is the Head of Fixed Income, working alongside Robert Hamill to expand the division.

How does the new leadership impact B. Riley's fixed income strategy?

The new leadership is expected to strengthen client relationships and expand the range of fixed income products offered.

What experience does Robert Hamill bring to B. Riley (RILY)?

Robert Hamill brings over 35 years of experience in financial services, with expertise in institutional sales and leveraged credit products.

What does B. Riley offer in terms of fixed income solutions?

B. Riley provides a range of fixed income solutions, including senior notes offerings, corporate debt, and private placements.