# Oppenheimer & Co. Inc.

> Oppenheimer & Co. Inc. is a New York-based full-service investment bank and wealth manager whose lineage on Wall Street runs back to the 1880s. The firm advises individuals, families, foundations and companies through three lines of work: wealth management for private clients, capital markets and investment banking, and asset management. With roughly 3,000 employees across about 90 offices, it is the principal operating subsidiary of publicly traded Oppenheimer Holdings (NYSE: OPY), and it competes as a mid-sized independent against far larger bulge-bracket banks by leaning on relationships, research and a focus on emerging-growth and middle-market clients.

- **Founded:** 1881
- **Headquarters:** New York, New York, United States
- **Founders:** Harris C. Fahnestock (Founding lineage (First National Bank of New York; advised President Lincoln)), William Fahnestock (Co-founder of Fahnestock & Co. (1881)), Max E. Oppenheimer (Namesake of Oppenheimer & Co. (founded 1950))
- **Team size:** ~3,000 employees
- **Products:** Wealth Management / Private Client, Investment Banking, Capital Markets, Asset Management, Equity Research
- **Notable:** Wall Street lineage dating to Fahnestock & Co. (1881), with roots to a banker who advised President Lincoln, Grew from roughly $5 million in revenue to $1.4 billion during Albert Lowenthal's ~40-year tenure as CEO, Record full-year 2025 revenue of about $1.64 billion

## Products & services

- **Wealth Management / Private Client** — Advisory and brokerage services, financial planning, retirement and estate planning, and portfolio management for individuals, families and foundations through a network of financial advisors.
- **Investment Banking** — Capital raising, mergers and acquisitions, and strategic advisory focused on emerging-growth and middle-market companies.
- **Capital Markets** — Equity and fixed income sales, trading and research, including public and municipal finance.
- **Asset Management** — Managed investment products and strategies; the firm reported roughly $49.4 billion in assets under management for 2024.
- **Equity Research** — Independent research coverage across sectors used by institutional and private clients.

## Achievements

- Wall Street lineage dating to Fahnestock & Co. (1881), with roots to a banker who advised President Lincoln
- Grew from roughly $5 million in revenue to $1.4 billion during Albert Lowenthal's ~40-year tenure as CEO
- Record full-year 2025 revenue of about $1.64 billion
- Roughly $49.4 billion in assets under management (2024)
- Independent, publicly traded (NYSE: OPY) full-service firm operating in ~90 locations

## Latest updates

- **2025-05** — Robert S. Lowenthal became CEO and President, succeeding Albert G. Lowenthal, who remained Chairman.
- **2025-02** — Announced CEO succession, with Albert Lowenthal stepping down as CEO effective May 5, 2025.
- **2024-12** — Combined its former Private Client and Asset Management segments into a single Wealth Management segment.
- **2023-09** — Launched a brand relaunch and multi-channel campaign, 'The Power of Oppenheimer Thinking.'

## Links

- Website: https://www.oppenheimer.com
- LinkedIn: https://www.linkedin.com/company/oppenheimer
- Twitter/X: https://twitter.com/oppenheimer
- Facebook: https://www.facebook.com/oppenheimerco

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Profile page: https://yespress.io/oppenheimer-co-inc
Published by YesPress — https://yespress.io
Last updated: 2026-08-12