Oppenheimer & Co Inc.

Broker-DealerFINRA Member

Total AUM

$36.7B

Discretionary

$14.2B

39% of AUM

Accounts

39,036

Employees

2,806

Advisory reps

1,925

Brokerage reps

1,764

Firm details

Headquarters: New York, New York
CRD number: 249
Registered since: February 9, 1955
Website: www.oppenheimer.com
Custodians: OPPENHEIMER & CO. INC.
Fee structure: Percentage of AUM, Fixed Fees, Commissions
Client types: Individuals45.9%
Other30.25%
HNWI15.62%
Corporations / Businesses5.45%
Pension & Profit Sharing Plans1.25%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Oppenheimer & Co. Inc. is a long-established corporation that operates as a broker-dealer, qualified custodian and investment bank while also acting as a capital allocator for private and institutional clients. The firm is registered with the SEC (registered in 1955) and provides a mix of brokerage and advisory services, including financial planning, portfolio management for individuals and small businesses as well as for institutions, pension consulting and selection of other advisers. Revenue is generated through a combination of asset-based fees, fixed fees and commissions, and the firm also functions as an insurance broker. The firm’s client base spans individual and family clients as well as institutional investors. Its activities and affiliations extend beyond brokerage and advice: filings indicate roles as an issuer sponsor/GP or managing member of pooled investment vehicles and connections with trust and insurance companies, commodity pool/CTA activity and pension consulting.