Oppenheimer
Oppenheimer Orchestrates Management Shift in Los Angeles
Veteran Rick Wisely steps aside as producing manager Kevin Friedman takes over.
Oppenheimer Has Another Losing Quarter, CEO’s Son Collects Retail Bonus
Company’s brokerage force falls even as it incentivizes a top executive to recruit $300,000-plus producers.
Oppenheimer to Retire $30 Million of Debt Following 2016 Operating Loss
Firm, which reduced its brokerage force by 5% last year, expects to save $2.6 million of annual interest by redeeming 20% of its 8.75% senior secured notes.
Michigan Team Bolts For Oppenheimer After Short Cantor Stint
With the loss of four advisors servicing credit union accounts, Cantor has a skeleton wealth-management crew.
Finra Orders Oppenheimer to Pay $3.4 Million in Fines and Restitution
In latest of series of sanctions, regulator cites multiple reporting, arbitration and sales violations.
Oppenheimer Says It Purges Problem Producers
Headcount dips 7% as company kicks out brokers with potential compliance issues.
“Post-It Notes Broker” Eydelman Gets Three Years for Insider Trading Conviction
Former Oppenheimer and Morgan Stanley broker pled guilty to scheme that ran almost four years and netted more than $5.6 million.
Michigan Slams Oppenheimer with $900,000 Fine Over Unregistered Advisors
State also orders firm to alert clients to “information about your transactions with an Oppenheimer professional that you need to know.”
Finra Accuses Veteran Compliance Chief of False Disclosures
Alleges that former Oppenheimer Chief Compliance Officer Allen Holeman falsified U-4 forms.
Regulator Slams Oppenheimer Again, Cites Risky ETF Sales to Elderly Clients
Finra imposes $2.9 million in fines and restitution.
Tax Issues Haunt High-Profile OpCo/Morgan Stanley Manager
Michael Marchassalla has built a strong reputation over a 22-year career managing branches and recruiting brokers for Morgan Stanley and other firms in the hypercompetitive New York City market.