Daily News: May 14, 2019

Scott, McConnell Join B. Riley Affiliates in Houston


B. Riley Financial added two new team members to its affiliated companies in Houston, TX. Myles Scott joined B. Riley Wealth Management as senior vice president, and Michael McConnell joined B. Riley FBR as managing director, Investment Banking.

Scott previously served as associate director at US Capital Advisors where he advised high-net worth clients including successful entrepreneurs, senior executives, business owners, affluent families, and family offices. His financial advisory practice is centered around asset allocation strategies with a focus on fixed income, equities, MLPs, private equity and private credit investments. Previously, he served as a financial analyst in the Private Banking and Investment Group at Merrill Lynch where he assisted in the creation and management of discretionary portfolios involving equity, fixed income, and alternative investments.

McConnell previously served as managing director at US Capital Advisors where he focused on raising private capital for energy companies as well as assisting company owners in managing their financial wealth. He has advised, partnered and managed money for institutional investors, family offices, and individual investors for 16 years. He was previously with Morgan Stanley Private Wealth Management and spent seven years as co-portfolio manager of a long/short hedge fund at Spring Street Partners, which he co-founded.

Established in 1996 and headquartered in Memphis, TN, B. Riley Wealth Management provides comprehensive wealth management and brokerage services to individuals and families, corporations and non-profit organizations, including qualified retirement plans, trusts, foundations and endowments.

B. Riley FBR is an investment bank which provides corporate finance, research and sales and trading to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements and merger and acquisitions advisory services, and corporate restructuring.