Oppenheimer Holdings

Oppenheimer Holdings, Inc. engages as a middle-market investment bank and full-service broker-dealer. It operates through the following segments: Private Client, Asset Management, Capital Markets, and Corporate/Other. The Private Client segment consists of commissions and a proportionate amount of fee income earned on assets under management (AUM), net interest earnings on client margin loans and cash balances, fees from money market funds, custodian fees, net contributions from stock loan activities and financing activities, and direct expenses. The Asset Management segment consists of fee income earned on AUM from investment management services of Oppenheimer Asset Management Inc. The Capital Markets segment offers investment banking, institutional equities sales, trading, and research, taxable fixed income sales, trading, and research, public finance, and municipal trading. The Corporate/Other segment pertains to legal, compliance, accounting, and internal audit activities. The company was founded in 1881 and is headquartered in New York, NY.

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Stephens will Head Up the Northeast Region while Moffett will Lead the Southeast Region; Each Has Over 20 Years of Public Finance and Municipal Capital Markets Experience, and will Serve as a Managing Director New York and Atlanta-Based Senior Hires Follow the Recent Recruitment of Their Colleagues and Oppenheimer's Newly Named Head of Public Finance, Elizabeth Coolidge, and Builds on Oppenheimer's Growth in the Space NEW YORK , Feb. 8, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading financial services firm and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Kristin Stephens and David Moffett have joined the Public Finance team as Managing Directors. Ms. Stephens will be based in New York and serve as Head of the Northeast Region while Mr.

Oppenheimer Further Expands Public Finance Banking Team with Appointments of Kristin Stephens and David Moffett

NEW YORK , Jan. 26, 2024 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $11.1 million or $1.07 basic earnings per share for the fourth quarter of 2023 compared with net income of $22.4 million or $2.04 basic earnings per share for the fourth quarter of 2022. Adjusted net income(a) was $16.1 million or $1.56 basic earnings per share for the fourth quarter of 2023, after excluding $5.0 million of expense related to a regulatory settlement.

Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2023 Earnings

Coolidge Will Serve as a Managing Director and be Joined at the Firm by  Chicago-based colleagues Liberty Ziegahn and Madison Maher Addition of New Team Underscores Oppenheimer's Commitment to the Public Finance Space NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that it has named Elizabeth (Beth) Coolidge as Head of Public Finance. Based in Chicago, Coolidge will report to Robert Lowenthal, President of Oppenheimer and Head of Investment Banking.

Oppenheimer Names Elizabeth Coolidge Head of Public Finance

NEW YORK--(BUSINESS WIRE)--OPY Acquisition Corp I (NASDAQ: OHAA) (the “Company”) announced today that it will be unable to consummate an initial business combination and intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation, as amended (“Liquidation”). On October 26, 2023, stockholders of the Company approved an extension of the deadline by which the Company must consummate a business combination to June 30, 2024 (the “Final.

OPY Acquisition Corp I Announces Intent to Liquidate

With Experience Across the Technology Spectrum and Other High-Growth Companies, Jasen Has Advised on Approximately 100 Transactions Representing Over $7 Billion in Value Investor Relationship Network Spans Early-Stage Venture Capitalists, Growth-Focused Private Equity, Later-Stage Buyout Firms and Cross-Over Hedge Funds NEW YORK , Dec. 4, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Richard Jasen joined the firm as Head of Technology & Consumer Private Capital. He will be based out of Oppenheimer's San Francisco office and report to Robin Graham, Managing Director, Head of Technology Investment Banking.

Oppenheimer Appoints Richard Jasen As Head of Technology & Consumer Private Capital

Oppenheimer Holdings Inc. is a private client financial advisory with a sales and trading business and mid-market investment bank. The company has shown resilience during tough market cycles and has potential downside protection thanks to mid-market positioning and countercyclical revenue sources. The buyback of shares and potential for a higher dividend in the future make Oppenheimer Holdings an interesting investment opportunity.

Oppenheimer: Higher Rates Save Growth, Buyback Activity

Next-Generation Financial Advisor Joins the Firm's Fast-Growing, State-of-the-Art Broadwest Complex NEW YORK , Nov. 6, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — today announced the recruitment of next generation financial advisor Jon Sanders, Director of Investments, who joins the Private Client Division with over eight years of wealth management experience. He will be based in the firm's Nashville, Tennessee, office and report to Phil Hall, Executive Director and Branch Manager.

New Nashville Office Expands with Recruitment of Jon Sanders

NEW YORK , Oct. 27, 2023 /PRNewswire/ -- Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $13.9 million or $1.32 basic earnings per share for the third quarter of 2023, an increase of approximately 206.7%, compared with net income of $4.5 million or $0.40 basic earnings per share for the third quarter of 2022. Revenue for the third quarter of 2023 was $312.7 million, an increase of 6.3%, compared to revenue of $294.1 million for the third quarter of 2022.

Oppenheimer Holdings Inc. Reports Third Quarter 2023 Earnings

Appointment to Newly Created Role Enhances Oppenheimer's Expertise in Thematics and Expands Client Opportunities in Fast-Growing Approach to Cross-Sector Investing Industry Veteran Brings More Than 30 Years of Experience as Top-Performing Analyst, Portfolio Manager and Management Strategy Consultant NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today the hire of William Bird as Managing Director, Head of Thematic Research, a newly created position. He will work out of the firm's New York headquarters and report to John Parks, Director of Equity Research.

Oppenheimer & Co. Inc. Hires William Bird As Head of Thematic Research

Adding senior banker with two decades of Wall Street experience underscores the ability of healthcare franchise to attract top talent Jackson extends the group's coverage to pharma services and supply chain NEW YORK , Oct. 4, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that it has expanded its Healthcare Investment Banking Group with the addition of senior banker Matt Jackson. He will be based in the firm's Miami offices and report to Marc Cabrera, Co-Head of Healthcare Investment Banking.

Oppenheimer Expands Healthcare Investment Banking Team with Addition of Matt Jackson

Program Trading Team and Senior Sales Trader Join the Cash Equity Desk, Led by Senior Managing Director Doron Barness Greater Program Trading Capabilities Complements Expansion of  Core Institutional Relationships NEW YORK , Oct. 2, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today the expansion of its Cash Equity Sales & Trading desk with three strategic recruitments, including the addition of a Program Trading team to the firm's existing Agency desk. The Program Trading team comes from Credit Suisse and is led by Managing Director Christopher Johnson, who is joined by Executive Director Matthew H.

Oppenheimer & Co. Inc. Announces Key Additions to Equity Trading

Recruitment of Global Technology Investment Banking Veteran Reflects Oppenheimer's Commitment to Building Out Software Investment Banking Franchise NEW YORK , Sept. 28, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) —announced today that Rupert Sadler joined the Firm as Managing Director in the firm's Technology Investment Banking Group.

OPPENHEIMER HIRES RUPERT SADLER AS MANAGING DIRECTOR, SOFTWARE INVESTMENT BANKING

Bank of America

Citigroup

Fifth Third Bancorp

Goldman Sachs

Interactive Brokers

LPL Financial Hlds

Morgan Stanley

Truist Financial

U.S. Bancorp

Voya Financial

Wells Fargo

The U.S. Securities and Exchange Commission (SEC) is finalizing settlements with around two dozen Wall Street firms to resolve investigations into record-keeping lapses, said two people with knowledge of the matter.

U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

Virtual Event Features 1-on-1 Meetings with Management Teams of Leading Companies to Discuss Decarbonization and Sustainability Growth Strategies Sectors Include Agriculture, Aviation, Energy, Infrastructure and Waste Disposal, Representing More Than $90 Billion in Market Capitalization  NEW YORK, Sept. 27, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced its Sustainability Summit: Innovating Climate Solutions.

Oppenheimer & Co. Inc. Gathers Select Roster of Innovative Companies for Sustainability Summit: Innovating Climate Solutions

The Power of Oppenheimer Thinking is rooted in the company's over 140-year history of navigating ever-shifting markets and delivering positive outcomes for clients  NEW YORK , Sept. 13, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer")—a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — today announced the launch of a strategic brand initiative.

Oppenheimer Announces Brand Relaunch

Team will join High Yield Desk and be led by longtime industry veteran Jay McDermott Expansion of firm's Global Fixed Income Division comes as institutional investors confront the need for more options as credit markets continue to toughen NEW YORK , Sept. 7, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – announced today a significant expansion to its Fixed Income Division with the addition of ten distressed debt team members.

Oppenheimer & Co. Inc. Announces Hiring of Distressed Debt Team

Two-Day Virtual Event Brings Together Approximately 1,000 Attendees for one-on-one Meetings with Management Teams of Leading Companies Sectors Include Analytics, Cloud, Collaboration & Work Automation, Cybersecurity, Emerging Tech, Fintech, Industrial, SaaS, Semiconductors and Sustainable Growth NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the launch of its 26th Annual Technology, Internet & Communication Conference, to be held virtually from August 8 – 9.  The event will host over 1,000 attendees and connect over 140 management teams with investors for one-on-one meetings.

Oppenheimer & Co. Inc. Gathers Innovators for 26th Annual Technology, Internet & Communications Conference

NEW YORK , July 28, 2023 /PRNewswire/ -- Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported a net loss of $9.4 million or $(0.85) per share for the second quarter of 2023, compared with a net loss of $3.9 million or $(0.32) per share for the second quarter of 2022. Revenue for the second quarter of 2023 was $306.2 million, an increase of 29.1%, compared to revenue of $237.2 million for the second quarter of 2022.

Oppenheimer Holdings Inc. Reports Second Quarter 2023 Earnings

Recruitment of Industry Leading Capital Raising Veteran Reflects Oppenheimer's Commitment to Building Out Technology Investment Banking Team NEW YORK , July 25, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that Sean Minnihan has joined the firm's Global Technology Investment Banking team in New York as a Managing Director and Head of Financial Technology Investment Banking. This addition is part of a significant strategic expansion of Oppenheimer's commitment to the technology industry under the leadership of Robin Graham, Head of Technology Investment Banking.

Oppenheimer Hires Sean Minnihan As Head of Fintech

Recruitment of Industry Leading Veteran Reflects Oppenheimer's Commitment to Growing its International Presence, Enhancing Structured Credit and Advisory Services NEW YORK , July 18, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) —announced today that Manuel Rodriguez joined the firm as Head of the Latin America Investment Banking Group. He will be based out of Oppenheimer's New York headquarters and will report to Robert Lowenthal, President of Oppenheimer and Head of Investment Banking.

Oppenheimer Appoints Manuel Rodriguez As Head of Latin America Investment Banking Group

Addition of Tatiana Zurek Strengthens Firm's Ongoing Commitment to the LATAM Region and Building Out Oppenheimer's Team in Fast-Growing Financial Services Hub NEW YORK , July 11, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer"), a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY ), today announced the continued expansion of its international financial advisor business with the addition of Tatiana Zurek to its Coral Gables office in southern Florida. She will report to Guillermo Vega, Branch Manager, Managing Director-Investments.

Coral Gables Bolsters International Financial Advisor Growth

NEW YORK , July 6, 2023 /PRNewswire/ -- Oppenheimer Holdings Inc. (the "Company") (NYSE: OPY) today announced final results of its modified "Dutch auction" tender offer which expired 11:59 p.m., New York City time, on Wednesday, June 28, 2023.

Oppenheimer Holdings Inc. Announces Final Results of Modified Dutch Auction Tender Offer

New York , June 29, 2023 /PRNewswire/ -- Oppenheimer Holdings Inc. (the "Company") (NYSE: OPY) today announced preliminary results of its modified "Dutch auction" tender offer which expired at 11:59 p.m., New York City time, on Wednesday, June 28, 2023.

Oppenheimer Holdings Inc. Announces Preliminary Results of Modified Dutch Auction Tender Offer

Three-Day, Virtual Event Brought Together Executives from Over 75 Publicly Traded Firms During Individual Presentations, 1-on-1 Meetings and Fireside Chats, Attendees Assessed the Current Environment, as well as the Prospects of Individual Companies and Sectors Heading Into the Second Half of 2023 NEW YORK , June 14, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the conclusion of its 23rd Annual Consumer Growth and E-Commerce Conference. It was held virtually June 12 – 14.

23rd ANNUAL CONSUMER GROWTH and E-COMMERCE CONFERENCE

NEW YORK , May 31, 2023 /PRNewswire/ -- Oppenheimer Holdings Inc. (the "Company" or "Oppenheimer") (NYSE: OPY) announced today the commencement of a modified "Dutch Auction" tender offer (the "Offer") to purchase up to $30,000,000 million of its Class A non-voting common stock (the "Shares") at a price not less than $34.00 per Share or more than $40.00 per Share to the seller in cash, less any applicable withholding taxes and without interest. The number of Shares proposed to be purchased in the Offer (at a minimum purchase price of $34.00 per Share) represents approximately 8.05% of Oppenheimer's currently outstanding Shares.

News for Oppenheimer Holdings Stock (OPY)