Oppenheimer &

What Oppenheimer & does

Oppenheimer & Co. Inc. is an independent, full-service broker-dealer founded in 1881, operating across three integrated divisions: Wealth Management, Capital Markets, and Investment Banking. The firm serves high-net-worth individuals and families, municipalities, institutions, and emerging-growth and middle-market companies through 932 financial professionals distributed across 88 U.S. branch offices, with international operations via wholly-owned subsidiaries in Asia, Europe, and Israel. As of March 31, 2026, the firm reported $139.8 billion in Assets Under Administration and a book value per share of $88.95.

The firm's product architecture spans customized wealth planning (including investment solutions, insurance, trust, retirement, and specialized Athletes & Entertainers services), capital markets activities (equities, fixed income, and outsourced trading), investment banking advisory (M&A, capital raising, and restructuring), public finance, and asset management. There are no proprietary technology platforms, AI capabilities, or APIs referenced in available materials; the operating model is fundamentally relationship-driven and human-advisor-led. Oppenheimer is a member of FINRA and SIPC and operates under SEC Regulation Best Interest compliance.

The revenue model combines recurring asset-based wealth and asset management fees, transactional capital markets and investment banking fees, and professional services fees for advisory mandates. Go-to-market is sales-led via the branch and financial professional network, supplemented by thought leadership distribution through podcasts, market strategy publications, industry conferences, and press releases. Pricing is not publicly disclosed, with services customized to client needs. There are no parent company, recent funding events, or M&A transactions disclosed in the input data.

Name

Oppenheimer &

Legal name

Oppenheimer & Co. Inc.

Website

https://opco.com

Company type

Public

Founded year

1881

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Oppenheimer & Co. Inc. is an independent, 145-year-old full-service broker-dealer offering wealth management, capital markets, and investment banking services through 88 U.S. branches and 932 financial professionals, serving high-net-worth individuals, families, and institutions with $139.8 billion in assets under administration.

Ownership category

akta.pro rank

Product category

Wealth Management & Investment Banking

NAICS

Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ), Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE)

Keywords

• Wealth management
• Investment banking
• Capital markets
• Securities brokerage
• Asset management

Headquarters

HQ city

West New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Wealth Management: Comprehensive financial planning and investment advisory services for individuals and families, including wealth growth, retirement planning, asset protection, and wealth transition services.
2. Capital Markets: Financing, trading, and research services for municipalities, institutions, and emerging growth and middle market companies, including equities and fixed income operations.
3. Investment Banking: Strategic advisory and capital markets solutions for emerging-growth and mid-sized businesses, including M&A advisory, capital raising, and restructuring services.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Oppenheimer & Co. Inc. is a global financial institution offering Wealth Management, Capital Markets, and Investment Banking services. Wealth Management provides customized financial planning, investment advisory, retirement planning, asset protection, and family office services to individuals and families. Capital Markets delivers equities, fixed income, research, and outsourced trading to municipalities, institutions, and middle-market companies. Investment Banking provides M&A advisory, capital raising, and restructuring services to emerging-growth and mid-sized businesses.

Product overview

Oppenheimer & Co. Inc. is a global financial institution offering a multi-platform service architecture centered on three core divisions: Wealth Management, Capital Markets, and Investment Banking. Wealth Management provides customized financial planning and investment solutions for individuals and families through sub-services including Investment Solutions, Insurance Products, Trust Services, Retirement Products, and specialized services for Athletes & Entertainers. Capital Markets delivers equities and fixed income trading, research, and outsourced trading services to municipalities, institutions, and middle market companies. Investment Banking provides strategic advisory and capital markets solutions including M&A advisory, capital raising, and restructuring. Asset Management rounds out the offering with investment solutions for individuals, financial professionals, and institutions. As of March 31, 2026, the firm manages $139.8 billion in assets under administration across 932 financial professionals and 88 U.S. branch offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Comprehensive financial planning and investment management services for individuals and families, including customized strategies for growing wealth, retirement planning, asset protection, and family office services.
• Capital Markets
• Investment Banking
• Asset Management
• Public Finance
• Equities
• Fixed Income
• Outsourced Trading
• Trust Services
• Insurance Products & Services
• Retirement Products & Services
• Athletes & Entertainers Services
• Mutual Fund Services
• Institutional Services

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Raymond James Financial: Raymond James runs a parallel business combining advisor-based wealth management, capital markets, and investment banking for middle-market clients. Its PCG advisor network and Fixed Income/Equities trading operations are direct functional analogs to Oppenheimer's core three desks.
• Piper Sandler Companies: Piper Sandler operates a comparable investment banking and equities-focused franchise serving middle-market clients, alongside a wealth management practice. Its sector-specialized advisory model and capital markets capabilities directly overlap with Oppenheimer's IB and trading operations.
• William Blair: William Blair is an employee-owned full-service firm with wealth management and an investment banking franchise focused on middle-market and growth companies. Its private ownership structure and industry-deep IB coverage position it as a near-clone comparable.
• Stifel Financial Corp. Stifel operates a comparable full-service model combining wealth management, investment banking, and institutional brokerage. Its mid-market focus and branch-led advisor network closely mirror Oppenheimer's structure and target client base.
• Canaccord Genuity Group: Canaccord Genuity runs a global capital markets and wealth management franchise focused on growth and mid-market clients. Its structure combining IBD, equities trading, and a wealth management arm is a direct functional match to Oppenheimer's model.
• Janney Montgomery Scott: Janney is a Philadelphia-based full-service broker-dealer combining wealth management, capital markets, and institutional services. Its advisor-led wealth management franchise and mid-market fixed income/equities trading business closely parallel Oppenheimer's core operations.
• Robert W. Baird & Co. Baird is a private, employee-owned full-service broker-dealer with wealth management and middle-market investment banking franchises that serve similar client types. Its branch-led advisor model and industry-specialist IB coverage make it one of the closest direct comparables.
• B. Riley Financial: B. Riley offers investment banking, brokerage, and wealth management services to middle-market companies and institutional clients. Its diversified financial services platform and small-mid cap focus place it in the same mid-market broker-dealer peer set.

Broad incumbents

• Jefferies Financial Group: Jefferies is a larger, publicly traded investment bank with deeper capital markets and IBD capabilities serving middle-market and larger clients. It overlaps directly with Oppenheimer's capital markets and IB desks but at greater scale and broader geographic reach.
• Morgan Stanley Wealth Management: Morgan Stanley's wealth management arm competes with Oppenheimer for high-net-worth and ultra-high-net-worth clients with comprehensive financial planning and investment solutions. As part of a much larger institution, it competes in the same end markets but with vastly broader resources and product set.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• YouTubevimeo.com/opco
• Facebookfacebook.com/oppenheimerco
• LinkedInlinkedin.com/company/oppenheimer

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oppenheimer &