Industry News
Former B. Riley wealth platform head launches RIA
Sam Bojarski / Mar 13, 2025
Thomas Kowalczyk has stood up Steadtrust LLC, a Dallas-area RIA.
A former B. Riley Wealth Management executive has launched his own RIA firm.
Thomas Kowalczyk, who worked as an executive vice president and head of platform at the company until late last year, has launched a Dallas-area RIA called Steadtrust LLC.
His registration with the Securities and Exchange Commission (SEC) filed on February 10 is pending 120-day approval, filings with the regulator show. Steadtrust has custody relationships with Fidelity, Raymond James and SEI Private Trust Company, a brochure filed with the SEC shows. The firm has not yet disclosed assets under management.
Kowalczyk started at B. Riley Wealth in July of 2022 after working as chief executive at Dallas-area RIA National Asset Management, according to his LinkedIn profile. He left B. Riley in December of 2024.
Kowalczyk’s exit from B. Riley was first reported by InvestmentNews.
B. Riley Wealth chairman Chuck Hastings has not responded to an email seeking comment for this story. A spokesperson for parent company B. Riley...
More News
Industry News
citywire ria
Mar 14, 2025
To read the full article, become an RIA Insider. You'll also gain complimentary access to news, insights, tools and more.
REGISTER NOW
Already an Insider?Log In
All content on this page is drawn from unaffiliated publications. Content on this site is not intended to provide, and should not be interpreted as legal, tax, investment or insurance advice, or recommendations by any party. Capital Client Group, Inc. is not responsible for content created by third parties and they do not explicitly or implicitly endorse or approve such content. Copyrights are held by the individual publications to which each article is attributed.