B. Riley FBR is a full-service investment banking firm that provides financial advisory, corporate finance, research, securities lending, sales, and trading services to corporates, institutes, and high net worth individual clients. The firm's investment banking services include initial, secondary, and follow-on offerings, institutional private placements and merger and acquisitions advisory services, and corporate restructuring. B. Riley FBR was formed through the merger of B. Riley & Co and FBR Capital Markets and is nationally recognized for its highly ranked proprietary equity research. B. Riley FBR was founded in 1997 and is headquartered in Los Angeles, California.