Research Analyst

Research Analyst - Equity Research

Join a Top-Ranked Research Platform Where Senior Leadership Makes an Impact

For more than 25 years,

B. Riley Securities has built a reputation as a premier small- and mid-cap research boutique, and this positioning remains the backbone of our firm. We are actively growing from a platform of approximately 400 companies under coverage, and our fundamentals-based research is widely recognized across the Street for its exceptional stock-picking performance. We are seeking experienced research analysts who can drive coverage decisions while continuing to build our leading middle-market investment bank.

The

B. Riley Securities Difference

Research Heritage & Market Leadership

• 25+ year legacy as premier small-cap research boutique-founded in 1997 as a stock-picking firm focused on under followed companies, establishing our research-first foundation.
• Nationally recognized for proprietary research excellence-consistently recognized for exceptional stock-picking performance with individual analysts achieving top rankings, including #2 among all Wall Street analysts by Tip Ranks and top-3 Star Mine EPS accuracy rankings.
• Growing to over 400 companies under active coverage-one of the most extensive small- to mid-cap research universes on Wall Street, focused on under followed or misunderstood companies.

Platform Excellence & Independence

• Pure-play investment bank structure-operating as a debt-free, independently governed entity with enhanced transparency and a dedicated small- to mid-cap focus.
• Proven transaction leadership-250+ capital market transactions led since 2017, with $115 billion raised in debt/equity and more than $33 billion in M&A advisory.
• Differentiated thematic and proprietary research focused on small- to mid-cap companies with an emphasis on alpha generation.
• Unique insights gained through our value-focused strategy to unearth overlooked companies trading at a discount to intrinsic value, leveraging expertise across the
  
  B. Riley Securities platform.
• Multi-industry corporate access with thematic pop-ups offering unique investor insights.
• A full-service platform-seamless integration across investment banking, M&A advisory, and capital markets, providing comprehensive deal flow visibility.

Leadership & Institutional Recognition

• Direct senior leadership engagement-analysts have a direct impact on firm research direction and coverage decisions, as well as active participation in investment banking initiatives.
• Premier investor conferences-host of flagship 25th Annual Investor Conference (200+ companies, 1,000+ institutional investors) plus specialized industry conferences, including Consumer & TMT, Convergence, and Precision Oncology & Radiopharma.

Position Overview

The research analyst is focused on developing and maintaining equity research coverage within an assigned industry sector, producing insightful, cogent, and forward-looking analysis for institutional investors. This position requires establishing thought leadership in your coverage universe while actively supporting the firm's investment banking and capital markets initiatives with a focus on highly differentiated proprietary research product.

Base salary range: $135,000-$175,000+, depending on experience and expertise

Key Responsibilities

Research Leadership & Coverage

• Possess in-depth knowledge of specific industry group and collaborate to identify companies for additional firm research coverage.
• Quickly establish equity research coverage within sector, demonstrating strong stock-picking capabilities.
• Write and prepare research reports, industry pieces, briefs, and flash notes with an emphasis on proactive, differentiated research.
• Develop and maintain detailed financial models, including DCF, comparable company analysis, and sector-specific valuation frameworks.

Executive Relationships & Business Development

• Establish and maintain strong executive relationships with covered and non-covered companies.
• Develop and maintain sources of information on companies through channel checks and primary research.
• Actively support the investment banking team in identifying and evaluating prospective clients.
• Command confidence and…