Pretty solid firm, strong name.  They had some issues, I heard, a few years ago when they went through a change in ownership, but from what I have seen, the ship has righted itself.

I think OPY's cleaned itself up pretty well. They had mutual fund market timing messes as did others (PRU, MER, MWD et al). I have a friend who's been there for 2 years and is producing over $1.5M. He's ex Bear Stearns---left Bear for personal reasons (didn't get along with his branch mgr and wanted to move down to Miami from NYC). This is a clean broker with 20 years plus in the biz and with an Ivy League MBA.

I have no gripes with Oppenheimer, I use some of their funds in our Wrap Program.

I know some who work there now and have worked there in the past, I have heard good things, go learn how to sell and get your licenses and then transfer to a wirehouse.

Oppenheimer sucks. The old Oppy was cool, but it has gone downhill since Fahnestock took it over.

There is no real Oppenheimer & Co. anymore. Just the bucket-shop Fahneschlock that bought the name to disguise themselves.



When CIBC bought OPY in 1998, that was the final straw.



BTW - they have nothing to do with Oppenheimer funds, except an ancient shared heritage from thirty years ago.

Their reputation is a good as Gruntal and Ryan Beck.  Plus they have the distinction of having the most outspoken bear on Wall Street, Mike Metz.

Wait...stop the presses...I heard Metz just turned bullish.  I hope its not a bad omen?