Stuart Alper Becomes Oppenheimer's New Head Of Investment Grade Trading; Will Also Trade Energy, Utilities, TMT Sectors

Stuart Alper Becomes Oppenheimer's New Head Of Investment Grade Trading; Will
                  Also Trade Energy, Utilities, TMT Sectors

PR Newswire

NEW YORK, Dec. 13, 2013

NEW YORK, Dec. 13, 2013 /PRNewswire/ --Oppenheimer & Co. Inc., a unit of
Oppenheimer Holdings (NYSE:OPY), is pleased to announce that Stuart Alper has
joined the firm as Head of Investment Grade Trading. He will work out of
Oppenheimer's headquarters and will report to Robert S. Lowenthal, Senior
Managing Director – Global Head of Fixed Income.

"Stuart has spent many years trading across a broad range of sectors, both in
the U.S. investment-grade and crossover markets. We look forward to the
contribution he can make to our growing Fixed Income business," Mr. Lowenthal
said.

Stuart comes to Oppenheimer from Raymond James, where, as a Managing Director,
he served as head trader of its high-grade and crossover trading desk before
the company merged with Morgan Keegan. He held similar positions as a Managing
Director at Cohen & Company, Royal Bank of Canada and as a Senior Managing
Director at Bear Stearns & Co.

"As an experienced bond trader, I have long been impressed by the strength and
growth of Oppenheimer's Fixed Income business and look forward to playing a
leading role in their success," said Stuart Alper.

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer
Holdings Inc. (OPY on the New York Stock Exchange), provides 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.

Certain statements in this release may constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements involve a number of risks, uncertainties and other factors
that could cause actual results to differ materially, as discussed in the
Company's filings with the Securities and Exchange Commission.

SOURCE Oppenheimer & Co. Inc.

Contact: Stefan Prelog, WalekPeppercomm, (212) 931-6139
 
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