Oppenheimer Holdings
2.8 of 5 57 reviews
www.opco.com New York, NY 1000 to 5000 Employees

Oppenheimer Holdings Reviews

Updated Apr 9, 2014

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2.8 57 reviews

                             

52% Approve of the CEO

Oppenheimer Holdings Chairman and CEO Albert G. Lowenthal

Albert G. Lowenthal

(27 ratings)

41% of employees recommend this company to a friend
57 Employee Reviews
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Review Highlights

Pros:
  • "9-5 hours, easy work, good people(non-mangement)"
    in 4 reviews
Cons:
  • "Poor management, poor pay, no room to grow or to advance your career"
    in 4 reviews
  • "Stingy benefit package: no 401k matching, very few vacation days, no tuition reimbursement, etc"
    in 3 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
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  • Comp & Benefits
         
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  • No Opinion of CEO

 

it was an opportunity of much learning.

Analyst (Former Employee)
New York, NY

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

ProsStable firm to work many years for.

ConsGrowth can take many years as many people do not leave the firm.

Yes, I would recommend this company to a friend

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Good Experience, So-So Environment

Anonymous Employee (Current Employee)

I have been working at Oppenheimer Holdings

ProsA great experience working with high-level Executives and Legal Counsel.

ConsOut of pocket costs for benefits increased fourfold in just as many years - and not one salary increase (cost of living or otherwise) in this period of time. Making less when you leave than when you started seems counter-productive, no?

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One you figure things out is is a good place to work.

Sales (Former Employee)
New York, NY

I worked at Oppenheimer Holdings full-time for less than a year

ProsBroad scope of products to offer.

ConsVery much on your own. Difficult to locate necessary resources when first hired. No guidence.

Advice to Senior ManagementDon't assume everything is simple. An hour or two of system training will save a lot of time down the road. Nothing is worse than not knowing and not knowing how and where to find something.

Yes, I would recommend this company to a friend

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Nice work environment

Registered Client Service Associate (Current Employee)
New York, NY

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

ProsPeople are really nice and have lots of experience. Flexable schedule

ConsLow pay, so so benefits

Yes, I would recommend this company to a friend

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Sales Associate

Registered Client Sales Associate (Former Employee)
Los Angeles, CA

I worked at Oppenheimer Holdings full-time for more than a year

ProsIf you work with a large production team, life will be great in the big city.

ConsManagement - get everything in writing and document as much as possible. Check FINRA broker check website for background on employees and firm complaints.

No, I would not recommend this company to a friend

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1 person found this helpful  

Worst work-related experience of my entire life.

Summer Analyst - IBD (Current Employee)
New York, NY

I have been working at Oppenheimer Holdings as an intern for less than a year

ProsI can honestly think of nothing. Work at any other bank and you will most likely be able to say something in this section.

ConsAs a former intern in the Investment Banking Division, I can honestly say this is the worst run company I have every worked for. There is 0 morale, the analysts will tell how much you don't want to work there, the culture is extremely abrasive, the brand is not at all respected, everyone is looking out for themselves and care only about themselves. I would not recommend this bank to anyone unless they enjoy being treated like crap and having work pawned off on them by the more senior analysts so that you have to stay until 3 AM every night and they can go home at 6 PM. I would take literally any internship/job offer from ANY bank over one with Oppenheimer. I have yet to talk to a single person who has worked for this bank in the Investment Banking Division who is not trying to leave at all costs and resents ever working for Oppenheimer. I have never in my entire life worked a job where I was treated with less respect, and worked for someone who cared less about their employees than Oppenheimer.

Advice to Senior ManagementDo Wall Street and the world a favor and just close your doors.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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I was only there for 6 months, then my group got canned.

Anonymous Employee (Former Employee)

I worked at Oppenheimer Holdings

ProsGood people, great teamwork. People were very helpful for someone just starting to work there.

ConsTechnology was awful and capabilities were out of date.

Yes, I would recommend this company to a friend

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Great place to work, Very entrepreneurial

Anonymous Employee (Current Employee)

I have been working at Oppenheimer Holdings full-time

ProsThey give you the freedom of making your own business, as long as you do it right and stay in the rules you can make plenty of money. They hire adults and treat them that way.

ConsI don't have anything at this moment of time; it's a great place with smart people and your not a number here like so many other firms out there

Advice to Senior ManagementYou are doing a great job keep it up it's tough to please everyone

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Poor Management. Very disappointing!

Sales (Former Employee)
Minneapolis, MN

I worked at Oppenheimer Holdings full-time for more than 10 years

ProsMy job was flexible and and had potential for commissions given better management.

ConsNo yearly reviews, Upper Management never speaks to employees in branch offices outside of New York. They have no idea what you are capable of. Technology outdated and so is payscale for the industry.

Advice to Senior ManagementAsk for employee feedback and before eliminating positions, speak the the employee first. Payscale needs to be updated as well as technology!

No, I would not recommend this company to a friend

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Cheap and narrow

Anonymous Employee (Current Employee)

I have been working at Oppenheimer Holdings full-time

ProsFriendly work environment and relatively low stress. Oppenheimer is small enough so that people don't feel like numbers. It is easy to contact different people across the firm.

ConsPoor Pay and technology with no room for growth. The wages start low and raises are rare. Bonuses are nothing special

Advice to Senior ManagementInvest in your employees

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Oppenheimer Holdings reviews and ratings — including employee satisfaction and approval rating for Oppenheimer Holdings CEO Albert G. Lowenthal. All 57 reviews posted anonymously by Oppenheimer Holdings employees.