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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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.

OPPENHEIMER HOLDINGS INC. ANNOUNCES CASH TENDER OFFER TO PURCHASE UP TO $30,000,000 MILLION OF ITS CLASS A NON-VOTING COMMON STOCK

One-Day Virtual Event Features 1-on-1 Meetings with Management Teams of Companies Across Technology, Industrial Growth, Sustainability and Consumer Sectors NEW YORK , May 11, 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 8th Annual Emerging Growth Conference, held virtually on May 11. The event connects management teams of many small-cap emerging growth companies with investors for 1-on-1 meetings.

Oppenheimer & Co. Inc. Hosts 8th Annual Emerging Growth Conference, Connecting Investors with Small-cap Disruptors and Innovators

Three-Day Virtual Event Brings Together Diverse Mix of Leading Large and Mid-Cap Companies Across a Variety of End Markets in the Industrial and Manufacturing Universe Individual Presentations and 1-on-1 Meetings Provide Early Opportunity to Assess Companies and Sector Heading into 2Q Earnings and the Second Half of 2023 NEW YORK , May 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 18th Annual Industrial Growth Conference, held virtually May 8-10. The event features presentations and 1-on-1 meetings from leading industrial growth companies including AMETEK Inc., Arcosa, Carrier Corporation, Ecolab, FedEx Corp., General Electric, Johnson Controls International, Resideo Technologies, Waste Management and Xylem Inc. The conference presents an opportunity for investors to meet with companies and assess the outlook heading into the second half of the year.

Oppenheimer & Co. Inc. Commences 18th Annual Industrial Growth Conference

The Private Client segment will likely benefit from an interest-rate environment. The Asset Management segment may benefit from rising asset valuations.

Oppenheimer Holdings Remains An Undercovered Buy Opportunity

NEW YORK , April 28, 2023 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $14.6 million or $1.32 basic earnings per share for the first quarter of 2023, an increase of approximately 57.3%, compared with net income of $9.3 million or $0.75 basic earnings per share for the first quarter of 2022. Revenue for the first quarter of 2023 was $321.7 million, an increase of 20.9%, compared to revenue of $266.0 million for the first quarter of 2022.

Oppenheimer Holdings Inc. Reports First Quarter 2023 Earnings

Highly Experienced Leader with More Than 30 Years of Financial Services Experience to Manage Jericho, Hauppauge, Melville, and West Hampton Branches NEW YORK , April 26, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer"), a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY ), today announced the recruitment of Laura (Cooney) Kellerman as Regional Director for Oppenheimer's Long Island, NY offices. Kellerman will work alongside Albert Kirchner, industry veteran who has spent 13 years with Oppenheimer.

Laura Kellerman Joins as Regional Director of Long Island and Branch Manager

Private Client Division Identifies and Provides Access to High-Quality Capital Raisings Through a Combination of Proprietary Funding and Open Architecture Platforms  NEW YORK , April 19, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) —announced today the fifth anniversary of its Private Market Opportunity (PMO) initiative, a collaborative effort among the firm's Wealth Management, Capital Markets, and Investment Banking Divisions to offer rare access to private market investments for qualified clients.    Through the PMO initiative, clients of Oppenheimer's Private Client Division can invest in companies typically accessible only to institutional investors, venture capital, and private equity firms, including companies that have yet to conduct initial public offerings.

Oppenheimer's Private Market Opportunity Initiative Celebrates Its Fifth Year of Offering Unique Investments for Sophisticated Clients

Centrally Located Office Reflects Commitment to Enhancing Advisors' Ability to Serve Domestic and International Clients in Fast-Growing Financial Services Hub NEW YORK , March 21, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY ) – today announced the expansion of its Miami-area presence with the opening of the new office in Coral Gables. "I am delighted that Oppenheimer's Coral Gables office has opened its doors," said Ed Harrington, Executive Vice President of the Private Client Division.

Oppenheimer & Co. Announces Miami-Area Expansion With Opening Of New Office In Coral Gables

Oppenheimer's Investment Banking, Asset Management, and Private Client Division Business Units Teamed Up to Put Together Series C Round as Part of Firm's Private Market Opportunities Initiative NEW YORK , March 16, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) —announced today the completion of a Series C funding round for Perspectum, a United Kingdom-based medical imaging and diagnostic technology provider. Oppenheimer led the $55 million round, investing $27 million through its Private Market Opportunities (PMO) initiative, an ongoing partnership between the firm's Investment Banking, Asset Management, and Private Client Division business units.

OPPENHEIMER LEADS $55 MILLION SERIES C FOR PERSPECTUM

Virtual Event Brings Together Over 225 Companies by Leveraging Oppenheimer's Extensive Thought Leadership in Research and Investment Banking Conference Fosters Impactful Discussions Between Executives and Investors on the Future of the High-Growth Healthcare Industry NEW YORK , March 13, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced its 33rd Annual Healthcare Conference will be held March 13 – 15. The virtual event will include a broad spectrum of over 225 public and private healthcare companies across all major sectors of the industry, including bio and specialty pharmaceuticals, biotechnology, medical devices, life science tools and diagnostics, and healthcare providers and servicers.

Oppenheimer & Co. Inc. Announces 33rd Annual Healthcare Conference

The hires of Managing Directors Perren Thomas, Dennis Megley and Mike Henneberry underscore the Fixed Income Group's commitment to expertise, breadth of relationships and value add to customers NEW YORK , Feb. 7, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today the continued expansion of its Investment Grade desk with the additions of Perren Thomas, Dennis Megley and Mike Henneberry. Each will serve as Managing Directors on the Investment Grade Sales team in New York and report to Katie Lucas, Managing Director, and Head of Investment Grade Sales.

Oppenheimer Announces Expansion of Investment Grade Fixed Income Sales Team

NEW YORK , Jan. 27, 2023 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $22.4 million or $2.04 basic earnings per share for the fourth quarter of 2022 compared with net income of $62.9 million or $4.99 basic earnings per share for the fourth quarter of 2021. Revenue for the fourth quarter of 2022 was $313.6 million compared to revenue of $365.1 million for the fourth quarter of 2021, a decrease of 14.1%.

Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2022 Earnings

Industry Veteran Has Extensive Track Record of Successful Collaboration and Oversight of Financial Advisors in Los Angeles and Orange County NEW YORK , Dec. 5, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the appointment of Kevin Monaco as Managing Director and Regional Director for Oppenheimer's Private Client Division offices in Southern California. Based in Oppenheimer's flagship Los Angeles office, Mr.

Oppenheimer & Co. Announces Kevin Monaco Joins As Regional Director of Southern California and Branch Manager

Virtual Conference to Explore the Development of Web 3.0 and the Creator Economy, Including DeFi and NFTs, Payments and Remittances, Capital Markets and the Regulatory Landscape NEW YORK, Nov. 16, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that its fifth annual Blockchain and Digital Assets Summit: Web 3.0 and the Creator Economy, will be held tomorrow, November 17. The virtual event will feature a high-profile group of companies leading the ongoing development of the blockchain ecosystem, including Blockchain.com, Coinbase, Fidelity Digital Assets, and Silvergate Capital Corporation.

Oppenheimer & Co. Inc. Announces Upcoming 5th Annual Blockchain and Digital Assets Summit

Addition of Wealth Management Team Continues Ongoing Expansion of Firm's Nashville Office Meridian is Led by Tennessee Native and Longtime Industry Veteran John Wade    NEW YORK , Oct. 28, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) –announced today the successful recruitment of the Meridian Wealth Group (Meridian), a Nashville-based wealth management practice. Meridian, led by John Wade, CFP®, will join the firm's Private Client Division and work out of its Nashville office.

Oppenheimer & Co. Inc. Announces Recruitment of the Meridian Wealth Group to Private Client Division

NEW YORK , Oct. 28, 2022 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $4.5 million or $0.40 basic earnings per share for the third quarter of 2022, compared with net income of $26.3 million or $2.07 basic earnings per share for the third quarter of 2021. Revenue for the third quarter of 2022 was $294.1 million, a decrease of 6.7%, compared to revenue of $315.3 million for the third quarter of 2021.

Oppenheimer Holdings Inc. Reports Third Quarter 2022 Earnings

The additions of Charles Buisseret and Makayla Stephens deepens the FPA Group's private equity expertise, enhances services to alternative investment firms  and reunites a highly experienced team NEW YORK , Oct. 26, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) —continues the expansion of its Global Fund Placement and Advisory Group ("FPA Group") with the additions of Charles Buisseret, CAIA, as Managing Director and global Co-Head of the FPA Group and Makayla Stephens as Director. Both will be based in the United States.

Oppenheimer Announces Expansion of Global Fund Placement and Advisory Group

Second Annual Virtual ESG Conference Drives Expert-led Conversations  Concerning the Transition Implications in the Climate Change Mitigation Sector NEW YORK , Sept. 28, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) –announced that its second annual ESG Summit, Navigating the ESG & Climate Transition, starts today.

Oppenheimer & Co. Inc. Announces Kickoff of ESG Summit: Navigating the ESG & Climate Transition

Sendek's distinguished career as an analyst covering biotechnology companies and overseeing critical finance functions in industry, brings significant experience and specialized perspective at a pivotal period for life sciences companies and investors NEW YORK , Sept. 15, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the ongoing expansion of its Healthcare Life Sciences Research Team within the firm's Equity Research Department with the appointment of Joel Sendek as Managing Director and Head of Healthcare Life Sciences Equity Research.

Oppenheimer Hires Joel Sendek As Head of Healthcare Life Sciences Research Team, Further Bolstering the Firm's Commitment to an Important Area of Focus

Bank of New York Mellon

Jefferies Financial Group Inc

Toronto-Dominion Bank

The U.S. Securities and Exchange Commission announced Tuesday that it had charged four underwriters with failing to comply with municipal bond offering disclosure requirements.

SEC charges 4 banks with muni bond disclosure infractions

The U.S. Securities and Exchange Commission (SEC) on Tuesday said it had charged Oppenheimer & Co, BNY Mellon, TD Securities and Jefferies, with failing to comply with municipal bond offering disclosure requirements.

U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures

Cross Country Healthcare

Central Garden & Pet Company

Entravision Communications

Lovesac Company

RMR Group

Interface

Dr. Gerald W. Perritt, the founder of Chicago-based portfolio manager Perritt Capital Management, wrote a whitepaper a few years ago entitled “The MicroCap Advantage.

7 Massively Undervalued Micro-Cap Stocks to Buy Before Lift Off

NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that Brad Watkins, CPA, has joined the firm as Chief Financial Officer effective August 1, 2022. Mr. Watkins will be responsible for all aspects of Oppenheimer's financial operations and will direct long-term budgetary planning and cost management to ensure alignment with Oppenheimer's strategic growth plans.

Oppenheimer & Co. Inc. Announces Appointment of Brad Watkins As Chief Financial Officer

NEW YORK , July 29, 2022 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported a net loss of $3.9 million or $(0.32) basic earnings per share for the second quarter of 2022, compared with net income of $31.2 million or $2.46 basic earnings per share for the second quarter of 2021. Revenue for the second quarter of 2022 was $237.2 million, a decrease of 30.3%, compared to revenue of $340.3 million for the second quarter of 2021.

News for Oppenheimer Holdings Stock (OPY)