Steven Braithwaite headshot

Steven Braithwaite

Managing Director

Offices in Detroit and Ontario

Areas of Expertise

  • Bankruptcy Proceedings
  • Cash Flow Projections
  • CRO
  • Financial Advisor
  • M&A
  • Turnarounds / Restructurings


  • Automotive
  • Telecom

Prominent Cases

  • Independent Consultant to the PSAN Consenting OEMS regarding Reorganized Takata‚Äôs operations pursuant to the Plan
  • Financial Advisor to General Motors in the Takata Restructuring
  • CRO of GMA Cover Corporation
  • CEO of Triumph Communications


  • BBA Wilfrid Laurier University 
  • MBA Queen's University in Kingston Ontario


  • 1 Year with Firm
  • 20 Years of Relevant Experience

Steven Braithwaite comes to GlassRatner (now doing business as B. Riley Advisory Services) after working with Alderney Advisors as a Managing Director. Alderney joined GlassRatner in Summer 2020. Steven is an experienced financial executive, who over the past 20 years has worked diligently to meet the need of debtors, creditors and owners of distressed entities in many industries, including but not limited to: general manufacturing, telecom and online retailing. Moreover, he has helped various global automotive OEM's by evaluating and restructuring financially distressed Tier 1 and Tier 2 suppliers.

Mr. Braithwaite has successfully led professionals during the restructuring, revitalization or wind-down of 100 distressed companies. While serving as CEO of a trans-U.S. video over fiber service provider, he restructured a multitude of satellite and fiber lease obligations to move the company towards profitability. He also acted as the primary outside negotiator for the largest creditor in the debt to equity conversion and merger of all subsidiary entities of an Argentinean telecom company. This organization had approximately $1 billion in debt spread over multiple security classes and legal entities.

Mr. Braithwaite has worked with a number of gaming concerns including casino operations in the Czech Republic where he worked with management team to implement profit improvement strategies, cash control procedures and profitability tracking metrics. He also designed and implemented a divestiture program for approximately sixty underperforming subsidiaries on behalf of a multi-national conglomerate.

Mr. Braithwaite earned his Bachelors of Business Administration from Wilfrid Laurier University and Masters of Business Administration from Queen's University in Kingston Ontario.

B. Riley Advisory Services works with lenders, law firms, private equity sponsors and companies of all types. Our Advisory Services are a unique mix of Valuation and Appraisal Services including asset-based lending (ABL) Valuations; Restructuring and Turnaround Management; Forensic Accounting and Litigation Support; Operations Management; Compliance, Risk & Resilience Services; and Transaction Support Services including Due Diligence and Quality of Earnings Reviews. B. Riley Advisory Services is the trade name for GlassRatner Advisory & Capital Group, LLC, Great American Group Advisory & Valuation Services, LLC, Great American Group Machinery & Equipment, LLC, and Great American Group Intellectual Property, LLC.