B Riley Wealth Management Inc

Item 5 – Fees & Compensation
                                                 Wrap Fee                                           Investment Management relationships is
                                                                                                    billed in advance based upon the value of the
                                                 Under the wrap fee programs, B. Riley Wealth       assets in the account on the first business
                                                 Management charges a percentage fee on all         day of January, April, July, and October or
                                                 Program Assets. The fee covers all expenses        other such period agreed upon by you and
                                                 for brokerage, clearance, settlement, and          Representative.
                                                 custodial services as well as all investment
                                                 advice. The Firm has a maximum allowable           The following is an example of how to
                                                 wrap fee of 2.5% per year in firm sponsored        calculate the quarterly fees for a $1,000,000
                                                 programs. Certain First Clearing programs          account with an annual fee of 1.20%:
                                                 allow for a maximum fee up to 3%; however,                        Total
                                                                                                     Valuation                 1.20%    Quarterly
                                                 the fee will be disclosed and acknowledged                        Acct.
                                                                                                       Date                     Fee      Fee ($)
                                                 by the Client prior to account inception.                         Value
                                                                                                     January 1   $1,000,000    0.3%       $3,000
                                                 Wrap Fees and certain Account terms are
B. Riley Wealth Management Disclosure Brochure

                                                                                                      April 1     $980,000     0.3%       $2,940
                                                 negotiated on a case-by-case basis,                   July 1     $995,000     0.3%       $2,985
                                                 depending on many factors, including the            October 1   $1,075,000    0.3%       $3,225
                                                 nature and complexity of the service, the
                                                                                                    The Firm may offer significantly lower
                                                 requirements of
                                                                                                    commissions or more favorable Wrap Fee
                                                 Representative, your relationship with the         arrangements for friends, relatives, or others
                                                 Firm and Representative, size of the Account,      with whom the Firm or Representative has
                                                 the potential for other business or clients, the   established personal or family relationships.
                                                 amount of work anticipated, and the time
                                                                                                    The method for calculating the Wrap Fee for
                                                 needed to manage an Account among other
                                                                                                    each Wrap Fee Program is described in the
                                                 factors.
                                                                                                    Wrap Fee Brochure. The actual Wrap Fee
                                                 Your Advisory Agreement will state the             and the breakpoints, if any, will be shown in
                                                 specific Wrap Fee applicable to your               your Advisory Agreement. The breakpoints,
                                                 Account. The fee will be charged and               if any, for each Program will be based on the
                                                 collected every 3 months on all Program            aggregate value of all Accounts in the same
                                                 Assets in each account. The fee for the WSI        household.
                                                 Wrap Program is billed in arrears based upon
                                                                                                    Please note if a Sub-adviser is engaged, your
                                                 the value of the assets in the account on the
                                                                                                    fees may be higher than the fees you would
                                                 last business day of March, June, September,
                                                                                                    have paid if it had not been engaged. Sub-
                                                 and December or other such period agreed
                                                                                                    advisers may not be willing to negotiate their
...

Item 7 – Types of Clients
                                                 The Firm provides investment advisory services to individuals, high net worth individuals, pension
                                                 plans, profit sharing plans, 401(k) plans, wrap programs, trusts, estates, charitable organizations,
                                                 corporations, and other business entities.