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Oppenheimer Expands Presence in Tennessee with the Opening of its Memphis Office

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Oppenheimer & Co. Inc., a subsidiary of Oppenheimer Holdings (NYSE: OPY), has expanded its presence in Tennessee by opening a new office in Memphis. This move follows the successful establishment of their Nashville office in 2022. The firm has recruited Alan Richmond as Executive Director – Investments and Clayton Ellis as Director – Investments for the Memphis office. Both professionals bring extensive experience in financial services and will report to Phil Hall, who leads Oppenheimer's growth initiatives in Tennessee.

The expansion into Memphis reflects Oppenheimer's commitment to providing comprehensive wealth management services and building a strong presence in Tennessee's financial services community. The firm aims to offer tailored solutions to meet the diverse needs of its clients in the region.

Oppenheimer & Co. Inc., una sussidiaria di Oppenheimer Holdings (NYSE: OPY), ha ampliato la sua presenza in Tennessee aprendo un nuovo ufficio a Memphis. Questo passo segue l'istituzione di successo del loro ufficio di Nashville nel 2022. L'azienda ha reclutato Alan Richmond come Direttore Esecutivo – Investimenti e Clayton Ellis come Direttore – Investimenti per l'ufficio di Memphis. Entrambi i professionisti portano una vasta esperienza nei servizi finanziari e riferiranno a Phil Hall, che guida le iniziative di crescita di Oppenheimer in Tennessee.

L'espansione a Memphis riflette l'impegno di Oppenheimer a fornire servizi di gestione patrimoniale completi e a costruire una forte presenza nella comunità dei servizi finanziari del Tennessee. L'azienda mira a offrire soluzioni su misura per soddisfare le diverse esigenze dei propri clienti nella regione.

Oppenheimer & Co. Inc., una subsidiaria de Oppenheimer Holdings (NYSE: OPY), ha ampliado su presencia en Tennessee al inaugurar una nueva oficina en Memphis. Este movimiento sigue al exitoso establecimiento de su oficina en Nashville en 2022. La firma ha reclutado a Alan Richmond como Director Ejecutivo – Inversiones y a Clayton Ellis como Director – Inversiones para la oficina de Memphis. Ambos profesionales aportan una amplia experiencia en servicios financieros y reportarán a Phil Hall, quien lidera las iniciativas de crecimiento de Oppenheimer en Tennessee.

La expansión en Memphis refleja el compromiso de Oppenheimer de proporcionar servicios integrales de gestión de patrimonio y de construir una fuerte presencia en la comunidad de servicios financieros de Tennessee. La firma tiene como objetivo ofrecer soluciones personalizadas para satisfacer las diversas necesidades de sus clientes en la región.

오펜하이머 & Co. Inc., 오펜하이머 홀딩스 (NYSE: OPY)의 자회사, 가 테네시 주에 대한 존재감을 확장했습니다 멤피스에 새로운 사무소를 열면서. 이 움직임은 2022년에 나슈빌에 성공적으로 사무소를 설립한 뒤의 결과입니다. 이 회사는 앨런 리치먼드를 집행 이사 - 투자로, 클레이튼 엘리스를 멤피스 사무소의 투자 이사로 모집했습니다. 두 전문가는 금융 서비스 분야에서 풍부한 경험을 가지고 있으며 필 홀에게 보고할 것입니다. 그는 테네시 주에서 오펜하이머의 성장 이니셔티브를 이끌고 있습니다.

멤피스로의 확장은 오펜하이머가 포괄적인 자산 관리 서비스를 제공하고 테네시의 금융 서비스 커뮤니티에서 강력한 존재감을 구축하겠다는 의지를 반영합니다. 이 회사는 지역 내 고객의 다양한 요구를 충족하기 위해 맞춤형 솔루션을 제공할 계획입니다.

Oppenheimer & Co. Inc., une filiale d'Oppenheimer Holdings (NYSE: OPY), a élargi sa présence dans le Tennessee en ouvrant un nouveau bureau à Memphis. Ce mouvement fait suite à l'établissement réussi de leur bureau à Nashville en 2022. La société a recruté Alan Richmond en tant que Directeur Général – Investissements et Clayton Ellis en tant que Directeur – Investissements pour le bureau de Memphis. Les deux professionnels apportent une vaste expérience dans les services financiers et feront rapport à Phil Hall, qui dirige les initiatives de croissance d'Oppenheimer dans le Tennessee.

L'expansion à Memphis reflète l'engagement d'Oppenheimer à fournir des services de gestion de patrimoine complets et à établir une forte présence dans la communauté des services financiers du Tennessee. La société vise à offrir des solutions sur mesure pour répondre aux divers besoins de ses clients dans la région.

Oppenheimer & Co. Inc., eine Tochtergesellschaft von Oppenheimer Holdings (NYSE: OPY), hat ihre Präsenz in Tennessee erweitert und ein neues Büro in Memphis eröffnet. Dieser Schritt folgt der erfolgreichen Errichtung ihres Büros in Nashville im Jahr 2022. Das Unternehmen hat Alan Richmond als Executive Director – Investments und Clayton Ellis als Director – Investments für das Memphiser Büro eingestellt. Beide Fachleute bringen umfangreiche Erfahrungen im Finanzdienstleistungsbereich mit und werden an Phil Hall berichten, der die Wachstumsinitiativen von Oppenheimer in Tennessee leitet.

Die Expansion nach Memphis spiegelt Oppenheimers Engagement wider, umfassende Vermögensverwaltungsdienste anzubieten und eine starke Präsenz in der Finanzdienstleistungs-Community von Tennessee aufzubauen. Das Unternehmen zielt darauf ab, maßgeschneiderte Lösungen anzubieten, um den unterschiedlichen Bedürfnissen seiner Kunden in der Region gerecht zu werden.

Positive
  • Expansion into a new market (Memphis) potentially increasing revenue opportunities
  • Recruitment of experienced professionals (Alan Richmond and Clayton Ellis) to lead the new office
  • Building on previous successful expansion in Tennessee (Nashville office in 2022)
  • Strengthening presence in a strong financial services community
Negative
  • None.

Latest Move into Tennessee Builds on Firm's Momentum
Following the Opening of Its Nashville Office in 2022

NEW YORK, Sept. 23, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — today announced the opening of its new office in Memphis, Tennessee, along with the recruitment of Alan Richmond, Executive Director – Investments, and Clayton Ellis, Director – Investments. They will report to Phil Hall, Executive Director, who leads the firm's growth initiatives in Tennessee.

"Memphis has a strong and deeply rooted financial services community, and we are thrilled to be a part of it," said Ed Harrington, Executive Vice President of the Private Client Division at Oppenheimer. "Establishing our presence in this iconic city with seasoned professionals such as Alan and Clayton only adds to our excitement. Not only do they share our passion for capital markets, investing and client service but they appreciate our firm's unwavering commitment to becoming a positive force in the communities where we do business. We look forward to demonstrating this commitment through our support of Alan, Clayton, and our growing team in Tennessee."

Richmond and Ellis have 15 and 17 years of financial services experience, respectively. They join Oppenheimer from B. Riley, where they managed a practice that provided comprehensive wealth management services, anchored by their expertise and experience building customized taxable and tax-exempt fixed income portfolios for their clients.

Oppenheimer's expansion into Memphis builds on the Firm's successful move into Tennessee in 2022, when it opened an office in Nashville. Hall, who will now lead both the firm's Memphis and Nashville locations as Regional Manager, joined Oppenheimer in December 2021.

"I am thrilled to lead our continued growth in the vibrant state of Tennessee, as well as to begin working with Alan and Clayton, whose skills and robust advisory practice will prove essential to enhancing Oppenheimer's presence in Memphis," Hall said. "The new office reflects our ongoing dedication to providing comprehensive, tailored solutions to meet the diverse needs of our clients."

Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions. 

Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com

Cision View original content:https://www.prnewswire.com/news-releases/oppenheimer-expands-presence-in-tennessee-with-the-opening-of-its-memphis-office-302253781.html

SOURCE Oppenheimer & Co. Inc.

FAQ

When did Oppenheimer (OPY) open its new office in Memphis, Tennessee?

Oppenheimer announced the opening of its new office in Memphis, Tennessee on September 23, 2024.

Who are the key professionals recruited for Oppenheimer's (OPY) new Memphis office?

Oppenheimer recruited Alan Richmond as Executive Director – Investments and Clayton Ellis as Director – Investments for the new Memphis office.

How does the Memphis office expansion fit into Oppenheimer's (OPY) overall growth strategy in Tennessee?

The Memphis office expansion builds on Oppenheimer's successful move into Tennessee, which began with the opening of their Nashville office in 2022, demonstrating a continued commitment to growth in the state.

Who will lead Oppenheimer's (OPY) operations in Tennessee?

Phil Hall, Executive Director, will lead Oppenheimer's growth initiatives in Tennessee, including both the Memphis and Nashville locations as Regional Manager.

Oppenheimer Holdings, Inc.

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