Nov 1 (Reuters) - B Riley Financial Inc ( RILY ):

* B. RILEY FINANCIAL PROVIDES UPDATE ON WEALTH MANAGEMENT

BUSINESS

* B RILEY FINANCIAL INC ( RILY ): AGREEMENT WITH STIFEL FINANCIAL

CORP. TO

SELL A PORTION OF WEALTH MANAGEMENT BUSINESS

* B RILEY FINANCIAL INC ( RILY ): PROPOSED DEAL FOR $27 MILLION TO

$35

MILLION IN CASH

* B RILEY FINANCIAL INC ( RILY ): AN EXPECTED 40 TO 50 ADVISORS,

ALONG WITH

ASSOCIATED CUSTOMER ACCOUNTS, WILL TRANSITION TO STIFEL IN EARLY

2025

* B RILEY FINANCIAL INC ( RILY ): TRANSACTION EXPECTED TO CLOSE EARLY

IN Q2

OF 2025

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