Oppenheimer & Co.
Oppenheimer & Co. is a 145-year-old, middle-market full-service investment bank and broker-dealer (NYSE: OPY subsidiary) offering wealth management, capital markets, and investment banking to high-net-worth individuals, corporations, institutions, and municipalities across 88 U.S. branch offices.
- Company typePrivate
- Founded1881
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Oppenheimer & Co. does
Oppenheimer & Co. Inc. is a full-service, middle-market investment bank and broker-dealer founded in 1881 and headquartered in New York City. It operates as a wholly-owned subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY) and serves high-net-worth individuals, families, corporate executives, institutional investors, and municipal/government entities through three core divisions: Wealth Management, Capital Markets, and Investment Banking. The firm also provides Asset Management, Trust Services, Retirement and Insurance Products, Public Finance, and specialized services for athletes and entertainers.
The firm distributes its services through approximately 88 U.S. branch offices staffed by roughly 932 financial advisors and investment professionals, with additional international presence via Oppenheimer Asia, Europe, and Israel. Core product capabilities span customized financial planning, portfolio management, equity and fixed income trading and research, M&A advisory, equity and debt underwriting, and municipal bond underwriting. No proprietary technology platform is disclosed; client access is delivered through financial professionals, online portals, and direct communication channels, with no public or partner-facing API.
Oppenheimer generates revenue through three primary streams: brokerage commissions on equity, fixed income, ETF, and annuity transactions; investment advisory and asset management fees (including wrap fee programs); and underwriting/capital markets revenue from acting as book-running manager or co-manager on equity, debt, and municipal offerings. Pricing is transaction-based across all major product lines. Assets under administration stood at approximately $139.8 billion as of March 31, 2026. The firm is registered with the SEC as a broker-dealer and investment adviser and is a member of FINRA and SIPC.
Oppenheimer & Co. firmographics
Firmographics- Name
- Oppenheimer & Co.
- Legal name
- Oppenheimer & Co. Inc.
- Website
- https://oppenheimer.com
- Company type
- Private
- Founded year
- 1881
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Oppenheimer & Co. is a 145-year-old, middle-market full-service investment bank and broker-dealer (NYSE: OPY subsidiary) offering wealth management, capital markets, and investment banking to high-net-worth individuals, corporations, institutions, and municipalities across 88 U.S. branch offices.
- Ownership category
- akta.pro rank
Oppenheimer & Co. industry classification
Industry- Product category
- Investment Banking and Wealth Management
- NAICS
- Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (52394)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- M&A Advisory (Buy-side/Sell-side) (BPAHADAC)
- akta.pro secondary industries
- Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)
Keywords
Where Oppenheimer & Co. is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Oppenheimer & Co. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Brokerage Commissions: Transaction-based commissions earned on equity securities, fixed income, ETFs, and other security trades executed for clients.
- Investment Advisory Fees: Fees charged for investment advisory and wealth management services, including portfolio management and financial planning.
- Underwriting and Capital Markets Revenue: Revenue from acting as book-running manager, co-manager, or underwriter for equity and debt offerings, IPOs, and municipal bond issuances.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | General Securities Transaction-Based Commission |
| Transaction based/ take rate | Pay-as-you-go | Fixed Income Transaction Pricing |
| Transaction based/ take rate | Pay-as-you-go | ETF and Mutual Fund Transactions |
| Transaction based/ take rate | Pay-as-you-go | Annuity Products |
| Transaction based/ take rate | Pay-as-you-go | Deposit-Based Account Fees |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Oppenheimer & Co. product offering
Product offeringCore offering
Oppenheimer & Co. Inc. is a full-service broker-dealer and investment bank delivering wealth management, capital markets, and investment banking solutions. The firm provides customized financial planning, investment advisory, equity and fixed income trading, underwriting, mergers and acquisitions advisory, public finance, and asset management to high-net-worth individuals, families, corporations, institutions, and municipalities. It operates through approximately 88 U.S. branch offices staffed by 932 financial professionals and supports roughly $139.8 billion in assets under administration.
Product overview
Oppenheimer & Co. Inc. is a global financial institution offering a comprehensive suite of wealth management, capital markets, and investment banking solutions. The firm operates as a platform-plus-services model with three core business divisions: Wealth Management (providing customized financial planning and investment advisory services to high-net-worth individuals, families, and businesses), Capital Markets (delivering financing, trading, and research services for municipalities, institutions, and middle-market companies through equities and fixed income capabilities), and Investment Banking (offering strategic advisory, M&A, equity capital markets, and debt advisory services). Supporting these core divisions are ancillary services including Asset Management (discretionary and non-discretionary advisory programs), Trust Services, Retirement Products, Insurance Services, and specialized offerings for Athletes & Entertainers. The firm traces its origins to 1881 and serves clients through a network of approximately 88 U.S. branch offices with $139.8 billion in assets under administration as of March 2026.
Differentiator
Problem solved
Functional benefit
Brands
- The Consulting Group: Division of Oppenheimer Asset Management providing investment advisory services
- Oppenheimer Investment Advisers (OIA)
- Alternative Investments Group
- Private Equity Department
Products and services
- Wealth Management
Companies that use Oppenheimer & Co.
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Oppenheimer & Co. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Oppenheimer & Co. partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights5 records
Oppenheimer & Co. competitors and assessment
Company assessmentDirect peers
- Houlihan Lokey: Houlihan Lokey is a leading middle-market M&A and restructuring advisory firm, directly comparable on the investment banking side of Oppenheimer's platform.
- Canaccord Genuity Group: Canaccord Genuity provides mid-market investment banking, capital markets, and wealth management services with comparable scale and product mix to Oppenheimer.
- Wedbush Securities: Wedbush is a privately held full-service broker-dealer and investment bank serving middle-market corporate and HNW clients, similar in positioning to Oppenheimer.
- Robert W. Baird & Co. Baird is a privately held middle-market investment bank and wealth manager serving individuals, institutions, and corporations, closely mirroring Oppenheimer's diversified platform.
- Jefferies Financial Group: Jefferies is a middle-market-focused investment bank with strong capital markets, equities trading, and advisory franchises plus wealth management, closely overlapping with Oppenheimer's middle-market positioning.
- Raymond James Financial: Raymond James combines a large financial advisor network with investment banking and capital markets, comparable to Oppenheimer in wealth management and middle-market IB.
- Piper Sandler Companies: Piper Sandler is a middle-market investment bank with sector-specialist advisory, public finance, and equity research capabilities directly parallel to Oppenheimer's IB and public finance franchises.
- Stifel Financial Corp. Stifel is a full-service middle-market investment bank and wealth manager with a large advisor network and significant institutional equities, fixed income, and investment banking capabilities, directly comparable to Oppenheimer's business mix.
Emerging players
- JMP Securities (now part of Citizens Financial Group): JMP is a middle-market investment bank and institutional equities broker-dealer focused on growth and small-cap companies, comparable to Oppenheimer's middle-market ECM research franchise.
Broad incumbents
- Morgan Stanley Wealth Management: Morgan Stanley's wealth management division competes with Oppenheimer for HNW advisors and clients and represents a primary destination for advisor attrition, providing competitive context on recruiting dynamics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Oppenheimer & Co. social profiles
Digital presenceOppenheimer & Co. compliance and trust
Trust signalCompliance3 records
Oppenheimer & Co. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oppenheimer & Co. leadership team
Management profileNumber of profiles
Profiles22 records
Oppenheimer & Co. subsidiaries and ownership
Company hierarchySubsidiaries3 records
Oppenheimer & Co. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oppenheimer & Co. M&A and investment
M&A and investmentM&A2 records
Investments16 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oppenheimer & Co.
What does Oppenheimer & Co. do?
Oppenheimer & Co. Inc. is a full-service broker-dealer and investment bank delivering wealth management, capital markets, and investment banking solutions. The firm provides customized financial planning, investment advisory, equity and fixed income trading, underwriting, mergers and acquisitions advisory, public finance, and asset management to high-net-worth individuals, families, corporations, institutions, and municipalities. It operates through approximately 88 U.S. branch offices staffed by 932 financial professionals and supports roughly $139.8 billion in assets under administration.
Is Oppenheimer & Co. a public or private company?
Oppenheimer & Co. is a private company. It is classified as public and is currently operating.
When was Oppenheimer & Co. founded?
Oppenheimer & Co. was founded in 1881. It employs 1,001 to 5,000 people.
Where is Oppenheimer & Co. based?
Oppenheimer & Co. is headquartered in New York, United States, in the North America region.
How does Oppenheimer & Co. make money?
Three revenue lines are on record. Brokerage Commissions are the primary driver. The others are investment Advisory Fees and underwriting and Capital Markets Revenue.
Who are Oppenheimer & Co.'s main competitors?
Direct peers on record are Houlihan Lokey, Canaccord Genuity Group, Wedbush Securities, Robert W. Baird & Co., Jefferies Financial Group, Raymond James Financial, Piper Sandler Companies and Stifel Financial Corp.. JMP Securities (now part of Citizens Financial Group) is listed as an emerging player. Morgan Stanley Wealth Management is listed as a broad incumbent.
Does Oppenheimer & Co. have an API?
No public API is recorded for Oppenheimer & Co..
What industry is Oppenheimer & Co. in?
Oppenheimer & Co.'s product category is Investment Banking and Wealth Management. Its primary akta.pro industry code is BPAHADAC, M&A Advisory (Buy-side/Sell-side), with a secondary code of FSAEAGAE, Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps). Its NAICS code is 52315 and its SIC code is 6211.