NEW YORK, June 8, 2011 /PRNewswire/ -- Oppenheimer &
Co. Inc., a unit of Oppenheimer Holdings, is pleased to announce
that Bryan Welch, John Edelman and Fredrik
Martenson will join its Institutional Sales team as
Executive Directors in the Equities Group. They will report to
Charles B. Holmes, Oppenheimer's
Managing Director – Head of Equities.
"These three market-leading salespersons will help Oppenheimer
maintain our business in New York
and Boston, while also building
our franchises in Scandinavia and The
Netherlands," Charles Holmes
said.
Bryan Welch, who will be based in
Oppenheimer's Boston office, joins
the firm from D.A. Davidson &
Co. Previously, he worked at JPMorganChase and Jefferies. He has
over 10 years of experience in equity sales and a proven record of
building market share in Boston.
John Edelman will join
Oppenheimer's New York office
after a career that began at Schroder's in London. Subsequently, John returned to Wall
Street and gained experience as a trader with GB Capital Partners
and Zweig-Dimenna. For the last eight years, John has been a lead
sales person with Kaufman Bros. in New
York.
Fredrik Martenson will focus on
developing Oppenheimer's market in Scandinavia while also
partnering with Jon Todman to
continue building the firm's business in The Netherlands. Although Fredrik will be
based out of New York City, he
will ultimately relocate to the firm's London office. He has served as a senior
portfolio manager at DnB NOR ASA in North American and select
European financials and at Enskilda Securities as an institutional
broker on U.S. equities covering Scandinavian institutional
clients.
"We look forward to the contributions these three individuals
will be able to make to Oppenheimer's Institutional Sales
operations domestically and overseas," added Mr. Holmes.
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.