Oppenheimer Holdings Inc. (NYSE: OPY) is a financial services company that operates as a middle-market investment bank and full-service broker-dealer incorporated in Delaware. The company generates revenue across retail securities brokerage, institutional sales and trading, investment banking, equity and fixed income research, market-making, trust services, and investment advisory and asset management services. With roots tracing back to 1881, Oppenheimer operates primarily through its principal subsidiary Oppenheimer & Co. Inc., a New York-based securities broker-dealer and investment adviser, alongside Oppenheimer Asset Management Inc., Oppenheimer Trust Company of Delaware Inc., and OPY Credit Corp. The firm conducts international business through Oppenheimer Europe Ltd., with offices in the United Kingdom, Isle of Jersey, and Switzerland, and Oppenheimer Investments Asia Limited in Hong Kong. Class A non-voting common stock trades on the New York Stock Exchange under the ticker OPY.

Revenue model

Revenue is generated through commissions and fees on retail securities brokerage, institutional sales and trading, advisory and asset management fees, investment banking fees from corporate and public finance transactions, market-making activity, trust services, and secondary trading of loans and trade claims through OPY Credit Corp.

Products and services

Retail securities brokerage, institutional sales and trading, investment banking (corporate and public finance), equity research, fixed income research, market-making, trust services, investment advisory, asset management, and secondary trading of loans and trade claims on a riskless principal basis.

Customers and end markets

Retail investors, institutional clients, corporate issuers, public finance clients, and high-net-worth individuals served through full-service brokerage and asset management channels.

Value-chain role

Middle-market investment bank and full-service broker-dealer serving as intermediary between capital markets and retail and institutional clients, with advisory, execution, and asset management functions.

Geographic exposure

Primarily United States, with international operations through Oppenheimer Europe Ltd. in the United Kingdom, Isle of Jersey, and Switzerland, and Oppenheimer Investments Asia Limited in Hong Kong.

Source: SEC 10-K, filed 2026-02-26

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