AdvisorRanked
70
Some Concerns

OPPENHEIMER ASSET MANAGEMENT

85 BROAD STREET, NEW YORK, NY 10004
Fiduciaryfee-onlySEC Registered
212-668-8000 http://WWW.OPPENHEIMER.COM CRD #105559
$21.3B
Assets Managed
129
Clients
129
Employees
38
Years Active
since 1988

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46100. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: No

Assets held at an independent custodian (e.g., Schwab, Fidelity, TD Ameritrade). This is the standard, lower-risk arrangement.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46100

4 customer complaint(s)/arbitration(s), 1 termination(s) from a firm disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 4

Complaint ratio: 3.10 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameOPPENHEIMER ASSET MANAGEMENT
CRD Number#105559
SEC RegisteredYes
Registration Date1988-03-17
States RegisteredNY
Assets Under Management$21.3B
Number of Clients129
Employees129
Compensation Typefee-only
Last ADV Filing46100

Other Advisors in NEW YORK

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Frequently Asked Questions

Is OPPENHEIMER ASSET MANAGEMENT a fiduciary?

Yes. OPPENHEIMER ASSET MANAGEMENT is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does OPPENHEIMER ASSET MANAGEMENT charge clients?

OPPENHEIMER ASSET MANAGEMENT uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does OPPENHEIMER ASSET MANAGEMENT have any complaints?

Yes. OPPENHEIMER ASSET MANAGEMENT has 4 complaint(s) on record. Their complaint ratio is 3.10 per 100 clients (industry average: ~0.15).

How does OPPENHEIMER ASSET MANAGEMENT compare to other advisors in NEW YORK?

OPPENHEIMER ASSET MANAGEMENT has a Red Flag Score of 70/100. There are 1970 registered advisory firms in NEW YORK. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46100. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.