SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Oppenheimer Asset Management
New York, NY
Oppenheimer Asset Management Inc., CRD 105559
Firm filing updated September 1, 2026 ·
- $21.3BAssets
- 43,537Clients
- 129Advisory staff
- 43,537Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals39,766
- High net worth individuals2,034
- Corporations or other businesses765
- Pension and profit sharing plans470
- Charities252
- and 2 more9
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 39,766 | $13.1 billion |
| High net worth individuals | 2,034 | $4.4 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $82.6 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 470 | $400.9 million |
| Charitable organizations | 252 | $759.7 million |
| State or municipal government entities (including government pension plans) | 6 | $7.0 million |
| Corporations or other businesses not listed above | 765 | $1.6 billion |
| Other: "OTHER ENTITY TYPES" | 241 | $1.0 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 5 services
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
Assets and accounts
- Regulatory assets$21.3 billion
- Accounts43,537
- Discretionary$16.3 billion · 29,095 accounts
- Non-discretionary$5.0 billion · 14,442 accounts
People
- Employees129
- Advisory staff129
- Broker-dealer reps53
- Licensed insurance agents0
Advisors
4 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Oppenheimer Asset Management Inc. SEC-registered investment advisor. CRD 105559, SEC file 801-31427.
- Registered with the SEC as an investment advisor (status date on record: March 17, 1988).
Is Oppenheimer Asset Management a fiduciary?
Short answer: Oppenheimer Asset Management is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 53 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.