Oppenheimer Holdings

  www.opco.com
  www.opco.com

Oppenheimer Holdings Reviews

Updated October 9, 2014
Updated October 9, 2014
70 Reviews
3.3
70 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Oppenheimer Holdings Chairman and CEO Albert G. Lowenthal
Albert G. Lowenthal
32 Ratings

Review Highlights

Pros
  • mostly good people to work with, good for slackers that don't want to work outside of 9 to 5 (in 5 reviews)

  • Learned a lot about how the business actually operates, and met a lot of great people who helped me decide my career path (in 3 reviews)


Cons
  • No raises EVER for salaried employees (in 5 reviews)

  • Poor management, poor pay, no room to grow or to advance your career (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Investment Banking Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Intern in Minneapolis, MN
    Current Employee - Investment Banking Intern in Minneapolis, MN

    I have been working at Oppenheimer Holdings as an intern (more than an year)

    Pros

    Incredible learning experience. Did anything from writing loan books and offering memos to going to business meetings with our Managing Director. All the guys I worked with were awesome and willing to help with anything and everything.

    Cons

    Pay is set by corporate and is rather low. I was only making $10 an hour

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Great learning experience and friendly environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance and Annuities in New York, NY
    Former Employee - Insurance and Annuities in New York, NY

    I worked at Oppenheimer Holdings as an intern (less than an year)

    Pros

    Extremely beneficial meetings/teach ins from the directors of many different departments.

    Cons

    As an intern I was given a lot of filing work but that was expected.

    Advice to ManagementAdvice

    None I can think of at the moment.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Great company and people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Boston, MA
    Current Employee - Intern in Boston, MA

    I have been working at Oppenheimer Holdings as an intern (less than an year)

    Pros

    -Smart people
    -Fast paced
    -Access to the best research available

    Cons

    -Lack of substantive work at times
    -Slow during summer months

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Internship at Oppenheimer & Co. Inc

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY

    I worked at Oppenheimer Holdings as an intern (less than an year)

    Pros

    Weekly seminars that explain the different divisions of the company
    opportunity to cross-train is available
    access to senior management
    There are other interns to network with but you rarely do any work together
    You get to work in an awesome location and get to experience what life is like within new york city

    Cons

    minimal responsibilities for interns within sales & trading (different for IB)
    unorganized program with inconsistent direction
    no formal training program for new hires or
    Most interns are unpaid and I ran into a few who had been doing the summer internship for the past 3 years without receiving any increase in responsibility or promotion.

    Advice to ManagementAdvice

    more organized internship program with a better focus on developing financial skills
    wish for a better opportunity to advance within the company
    greater emphasis on teamwork

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    Ok to work for and great stablility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Engineer in New York, NY
    Current Employee - Systems Engineer in New York, NY

    I have been working at Oppenheimer Holdings full-time (more than an year)

    Pros

    Job is very stable and bosses are lenient with taking time off. Great people to work with.

    Cons

    No raises. Company's culture is very old school and bonuses are not that great. Management needs to wake up as well and some are verbally abusive.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Great People great learning experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Oppenheimer Holdings

    Pros

    Everything was great and I learned a lot about the market.

    Cons

    Can get boring at times

  8.  

    great work enviroment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales in Chicago, IL
    Former Employee - Sales in Chicago, IL

    I worked at Oppenheimer Holdings full-time (more than 3 years)

    Pros

    lots of opportunities for career advancements

    Cons

    limited locations not a household name

    Advice to ManagementAdvice

    open more offices

    Recommends
    Negative Outlook
    Approves of CEO
  9.  

    Mostly Positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at Oppenheimer Holdings full-time (more than an year)

    Pros

    Solid Company
    Great services
    Free to do your job as needed

    Cons

    Lack of formal training
    Firm is very strict with their image with regards to marketing
    Very huge ramp up in a short amount of time

    Advice to ManagementAdvice

    Create a formal training program for new advisors

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Great place to work if you're stuck in a time warp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Oppenheimer Holdings full-time (more than 3 years)

    Pros

    mostly good people to work with, good for slackers that don't want to work outside of 9 to 5

    Cons

    terrible benefits (no matching 401K), no raises once you start (so negotiate before you accept a position), insultingly low bonuses, not a place for those with aspirations to move up the ladder

    Advice to ManagementAdvice

    Bring in some new, invigorating management who can clean up shop if you want to compete with the street

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Supervisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Oppenheimer Holdings full-time

    Pros

    Great start to learn financial products and process

    Cons

    Morale is low. Employees are paid below base salary on the street. Opco loses top talent on a consistent basis,

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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