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B Riley Wealth Management opens new Pennsylvania branch

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B Riley Wealth Management, a full-service wealth management firm and wholly-owned subsidiary of B Riley Financial, has opened a new wealth management branch in Devon, Pennsylvania.

Michael P McCall joins the firm as Branch Manager and Senior Vice President. Michael J Connelly joins as Vice President. Both were formerly affiliated with Raymond James & Associates in Devon, where they managed approximately USD181 million in assets. In 2007, they formed The McCall Connelly Group to provide consultative wealth services to a range of clients, which includes multi-generational families, business owners, and large institutions.
 
“We’re extremely pleased that these well-respected and talented advisors will be representing B Riley Wealth Management in the greater Philadelphia community,” says Philip Zanone, CEO of B Riley Wealth Management. “We believe the diverse array of services and financial products sourced through the B. Riley platform is extremely appealing to top-tier advisors like The McCall Connelly Group as they look to provide their clients with customised financial solutions.”
 
“I’m excited to welcome Michael McCall as the Branch Manager in our newest office in the Philadelphia area,” says Craig Pirtle, Managing Director of B Riley Wealth Management. “Advisors across the country are responding to our boutique wealth management model where they can enjoy a small firm culture and a unique product mix with the valuable resources a large firm can provide.”
 
Chuck Hastings, Director of B Riley Wealth Management, says: “We are proud to welcome advisors who have vetted multiple firm choices. Through the entire B. Riley platform, we offer products that are uniquely accessible by our advisors and combine that with the boutique firm culture that is being recognised by those looking for an alternative to traditional wire-house models.
 
“The industry and operational knowledge of the B Riley Wealth Management team is impressive. The firm values a boutique culture over size, and offers unique investment opportunities for our clients, both of which were very compelling,” says McCall. “From new issuers and preferred offerings sourced through B Riley affiliates, to a back-office supported by First Clearing, B Riley Wealth Management has the whole package needed to support and grow our practice.”
 
Connelly adds: “I’m excited to be a part of B. Riley Wealth Management. I was very impressed with the extensive expertise across the firm and the expanded offerings that are accessible to advisors. That combination, along with the infrastructure that exists through B Riley Financial, makes this a unique place to serve our clients.”
 

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