OPPENHEIMER INVESTMENT MANAGEMENT LLC
About OPPENHEIMER INVESTMENT MANAGEMENT LLC
OPPENHEIMER INVESTMENT MANAGEMENT LLC is listed in our database based on their SEC registration. As a registered fiduciary, they are legally required to put your interests first — this is the gold standard for financial advice.
OPPENHEIMER INVESTMENT MANAGEMENT LLC has 2 complaints on file (28.57 per 100 clients). This is above the industry average of ~0.15 per 100 clients — a yellow flag worth discussing with them directly. Their fee-only fee model is standard for the industry.
No major structural conflicts identified based on their SEC filings — they don't appear to have proprietary product incentives, and any custody arrangement reported on their Form ADV is generally the standard regulatory-custody category that applies to fee-only advisers. Bottom line: We recommend interviewing at least 2-3 other advisors in NEW YORK before committing to OPPENHEIMER INVESTMENT MANAGEMENT LLC. Their risk profile suggests extra caution.
Questions to Ask Before Hiring OPPENHEIMER INVESTMENT MANAGEMENT LLC
“What is your all-in fee, including fund expenses?”
Their disclosed model is fee-only. Ask for the total cost including underlying fund fees, trading costs, and any platform charges.
“Are you a fiduciary at all times — not just sometimes?”
OPPENHEIMER INVESTMENT MANAGEMENT LLC is registered as a fiduciary, but confirm this applies to ALL recommendations — some firms switch hats when selling insurance or annuities.
“How are you compensated when you recommend a specific product?”
No commissions disclosed — but always confirm in writing that no third-party compensation applies to any recommendation.
“Can you explain the 2 complaints on your record?”
Regulatory complaints don't always indicate wrongdoing, but you deserve a direct explanation. Ask what happened and how they've changed their practices since.
“Can I see your Form ADV Part 2A brochure before our next meeting?”
This is the legal disclosure document that details fees, conflicts, and disciplinary history. Every SEC-registered advisor must provide it. Read it before signing anything.
Compensation Model
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 per Form ADV Item 9: No
Form ADV Item 9 does not report custody. Client assets are held at an independent qualified custodian and the adviser doesn't have withdrawal or fee-deduction authority beyond what triggers the SEC's custody rule.
Proprietary Products: No
Uses only third-party investment products. No proprietary product conflicts.
Regulatory & Disciplinary History
2 customer complaint(s)/arbitration(s), 1 termination(s) from a firm disclosed on Form ADV Item 11.
ResolvedTotal complaints on record: 2
Complaint ratio: 28.57 per 100 clients
Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.
Firm Details
| Legal Name | OPPENHEIMER INVESTMENT MANAGEMENT LLC |
| CRD Number | #133243 |
| SEC Registered | Yes |
| Registration Date | 2004-12-03 |
| States Registered | NY |
| Assets Under Management | $929M |
| Number of Clients | 7 |
| Employees | 8 |
| Compensation Type | fee-only |
| Last ADV Filing | 46100 |
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Frequently Asked Questions
Is OPPENHEIMER INVESTMENT MANAGEMENT LLC a fiduciary?
Yes. OPPENHEIMER INVESTMENT MANAGEMENT LLC 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 INVESTMENT MANAGEMENT LLC charge clients?
OPPENHEIMER INVESTMENT MANAGEMENT LLC uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.
Does OPPENHEIMER INVESTMENT MANAGEMENT LLC have any complaints?
Yes. OPPENHEIMER INVESTMENT MANAGEMENT LLC has 2 complaint(s) on record. Their complaint ratio is 28.57 per 100 clients (industry average: ~0.15).
How does OPPENHEIMER INVESTMENT MANAGEMENT LLC compare to other advisors in NEW YORK?
OPPENHEIMER INVESTMENT MANAGEMENT LLC has a Trust Score of 52/100. 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.