Oppenheimer Holdings Inc (NYSE:OPY)

Oppenheimer Holdings, Inc. operates as a holding company, which is a middle-market investment bank and full service investment firm. The company through its subsidiaries engages in providing a broad range of financial services, which includes retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services and investment advisory and asset management services. It operates through three segments: Private Client, Capital Markets and Asset Management. The Private Client segment includes commission and fee income earned on client transactions, net interest earnings on client margin loans and cash balances, stock loan activities and financing activities. The Capital Markets segment is engaged in investment banking, market-making activities in over-the-counter equities, institutional trading in both fixed income and equities, structured assets transactions, bond trading, trading in mortgage-backed securities, corporate underwriting activities, public finance activities, syndicate participation; and mortgage brokerage and servicing. The Asset Management segment includes fees from money market funds and the investment management services. The company was founded on May 11, 2005 and is headquartered in New York, NY.