Oppenheimer Holdings Inc (NYSE:OPY)

Oppenheimer Holdings, Inc. is a holding company, which is a middle-market investment bank and full service investment firm. The company through its subsidiaries engages in broad range financial services, including 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 reportable segments: Private Client, Capital Markets and Asset Management. The Private Client segment is engaged in 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. The Asset Management segment is engaged in fees from money market funds and the investment management services. Oppenheimer Holdings was founded on May 11, 2005 and is headquartered in New York, NY.