Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. is a leading investment bank and full-service wealth management firm headquartered in New York City, New York. With a history tracing back over 140 years, its core mission is to provide financial expertise and tailored advice to help a diverse clientele achieve their financial goals.

The firm offers a comprehensive suite of financial services, including wealth management, investment banking, capital markets, asset management, retail securities brokerage, institutional sales and trading, and trust services. These services cater to high-net-worth individuals, families, corporations, institutions, and businesses, providing solutions ranging from retirement planning and estate strategies to mergers and acquisitions and public finance.

Oppenheimer & Co. Inc. operates as a subsidiary of Oppenheimer Holdings Inc., a publicly traded company (NYSE: OPY). Robert S. Lowenthal serves as President and Chief Executive Officer of both Oppenheimer Holdings Inc. and Oppenheimer & Co. Inc. In the first quarter of 2026, Oppenheimer Holdings Inc. reported a net loss of $20.6 million, primarily due to a $70 million legal accrual for a "cash sweep" litigation settlement, despite a 21% increase in revenue to $445.1 million. Excluding these one-time items, adjusted net income demonstrated strong underlying performance. The wealth management segment managed $55.2 billion in assets by the end of 2025.