NEW YORK, Nov. 10, 2020 /PRNewswire/ -- Oppenheimer
& Co. Inc. ("Oppenheimer"), a leading investment bank, wealth
manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY),
today announced the successful recruitment of the Mercado Group, a
Miami-based practice led by
financial advisors Luis Mercado and
Chanttel George-Mercado. The duo, which manages approximately
$128 million in client assets, have
joined the firm's Private Client Division and will work out of its
Miami branch office.
Collectively, Mr. Mercado and Ms. George-Mercado have nearly 50
years of financial services experience and specialize in delivering
wealth management solutions to business owners, non-profits and
high- and ultra-high-net worth clients throughout the United States and Latin America.
Guillermo Vega, Branch Manager
(Miami) and Managing Director
Investments, said, "I'm excited to welcome Luis and Chanttel to the
Oppenheimer team. Both are passionate about client service, eager
to grow their business and, importantly, committed to maintaining
the highest professional and ethical standards. We are thrilled
that they have decided to join our office in Miami, and I look forward to partnering with
them going forward and enabling their continued success."
This announcement comes as Oppenheimer continues to expand its
global reach by enabling advisors to serve clients within
the United States, Latin America and abroad. The move compliments
Oppenheimer's depth of global experience and expansion initiatives
across the firm internationally.
Mr. Mercado said, "As Chanttel and I began to look for a new
firm, we prioritized finding a partner that embraces the same
spirit of entrepreneurship and independence that we have come to
value but have not always enjoyed as we've built our business. In
Oppenheimer, we have found a home with a firm that appreciates,
understands and values us. It's an ideal fit, with the
infrastructure, technology and culture that will allow us not only
to seek opportunities to win new client relationships but to
deliver a higher level of service to the ones that have been with
us for years. We're excited to learn new skills and to hone our
expertise with our new colleagues."
Ed Harrington, Executive Vice
President, Private Client Division, concluded, "Luis and Chanttel
possess all the personal and professional qualities that have come
to define our entire organization, including a belief in
entrepreneurialism, a focus on service and a commitment to doing
the right thing. As the leader of the Private Client Division, my
job is to provide every financial advisor with the tools, support
and platforms they need to reach their fullest potential, while at
the same time giving them enough latitude to develop their own
service models based on their unique understanding of what their
clients want and need from them."
Oppenheimer & Co. Inc.
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. For more information,
please visit www.oppenheimer.com.
Oppenheimer Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
email@example.com or firstname.lastname@example.org
SOURCE Oppenheimer & Co. Inc.