Riley Sees Additional Financial Advisors Exiting the Firm
Riley Financial Inc. (NASDAQ: RILY), a leading investment bank, has faced a tough year with its stock price dropping by more than 68%. The dramatic decline reflects major struggles, including financial challenges, advisors leaving, and increased regulatory scrutiny. Several experienced financial advisors have chosen to leave B. Riley for its competitors in recent months. One of these advisors is Brian T. Cohen, who joined Ceros Financial Services on 18th last month, according to public records. Just days earlier on Nov. 14, Russ Zalatimo, HudsonPoint Capital’s head, joined Arete Wealth Management, which deals will alternative investments. Other significant exits include Eric…
