Ari Wald Joins Oppenheimer's Portfolio Strategy Team As Executive Director And Market Technician

Ari Wald Joins Oppenheimer's Portfolio Strategy Team As Executive Director And
                              Market Technician

PR Newswire

NEW YORK, March 19, 2014

NEW YORK, March 19, 2014 /PRNewswire/ -- Oppenheimer & Co. Inc.,
("Oppenheimer") and Oppenheimer Asset Management Inc. ("OAM"), units of
Oppenheimer Holdings Inc. (NYSE: OPY), announced today that Ari Wald has
joined Oppenheimer as an Executive Director in the firm's Portfolio Strategy
Group. 

Wald, who most recently worked at Wolfe Research, will be responsible for
Oppenheimer's new weekly technical analysis product, as well as other
high-profile weekly and monthly publications. He will report to Andrew Burkly,
who joined Oppenheimer in January 2013 to help form the Portfolio Strategy
Group. Burkly and Wald previously worked together at Brown Brothers Harriman.


"Ari's deep technical expertise is well suited for our work in the Portfolio
Strategy Group," said Andrew Burkly, Managing Director and Head of Portfolio
Strategy. "He will be a valuable asset to our team."

Oppenheimer's Portfolio Strategy Group now includes four senior researchers:
Managing Director Andrew Burkly; Executive Director Sam Burns; Director Scott
Davies and Ari Wald. They currently plan to publish and market their research
each week in the areas of Sector, Industry and Stock Ideas. They will also
monitor analysts' earnings revisions and report on them each month.

Wald will publish a weekly research report called Inflection Points, which is
designed to gauge the intermediate-term relative risk/reward outlook for
stocks, sectors and industries on both an absolute and relative basis.

Ward will also publish Global Asset Allocation, a monthly designed to gauge
the intermediate-term relative risk/reward outlook for stocks and other
higher-risk assets relative to bonds and other lower-risk assets.

A graduate of Rutgers University with a B.S. in Statistics and Mathematics,
Wald has also earned the designations of Chartered Financial Analyst (CFA)
from the CFA Institute and Chartered Market Technician (CMT) from the Market
Technicians Association, where he is an active member.

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer
Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide
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. OAM is a registered investment
adviser and a subsidiary of Oppenheimer Holdings Inc.

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, sprelog@peppercomm.com, (212)
931-6139
 
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