Oppenheimer + Close, LLC

RIASEC RegisteredEst. 1989

Total AUM

$93M

Discretionary

$89.6M

96% of AUM

Avg account

$732K

Accounts

127

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 15168
Registered since: August 10, 1989
Website: www.oppvest.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM, Hourly Charges, Performance Based Fees
Client types: HNWI86.46%
Individuals13.54%
Services: Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Oppenheimer + Close, LLC is an independent registered investment adviser organized as an LLC and SEC-registered since 1989. The firm serves both individual and family clients as well as institutional investors, focusing on financial planning and portfolio management for individuals and small businesses. Its owner type is listed as individual, and fee arrangements include percentage-of-AUM billing, hourly charges, and performance-based fees. The firm is not identified as an active ESG investor and is not classified as a multi-state adviser. The firm also has industry roles beyond pure advisory work: it acts as an investment adviser and sponsor and serves as a general partner/managing member of pooled investment vehicles. That structure suggests Oppenheimer + Close can both allocate to outside managers and act as a sponsor or manager for private pooled products they control.