NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Oppenheimer
& Co. Inc. ("Oppenheimer"), a leading wealth manager,
investment bank, and a subsidiary of Oppenheimer Holdings (NYSE:
OPY), today announced that Bob
McCabe has joined the firm as Branch Manager and Senior
Director of Investments for its Palm
Beach Gardens office.
With more than 35 years of financial services experience, McCabe
is a seasoned industry veteran with an extensive track record of
growing assets under management, boosting profitability and leading
successful wealth management teams. His addition also buttresses
the leadership team supporting East Coast Florida Complex Director
Brian Kutsmeda, who oversees the
Delray Beach, Boca Raton and Palm
Beach Gardens offices. In sum, the complex includes 41
advisors who manage nearly $3 billion
cumulatively.
"Bob McCabe is exactly the type
of Branch Manager that has come to define Oppenheimer, typifying
the leadership, support and resources we provide to
entrepreneurial-minded financial advisors," said Ed Harrington, Executive Vice President and Head
of the Private Client Division at Oppenheimer. "Bob has a genuine
passion for collaborating with colleagues and helping wealth
management teams reach their full potential. We welcome him aboard
and look forward to his future accomplishments at Oppenheimer."
McCabe joins Oppenheimer from Fieldpoint Private, a boutique
wealth advisory and private banking firm, where he served as a
Managing Director and Branch Manager. Prior to that, he spent nine
years with Morgan Stanley, holding Complex Manager and Branch
Manager positions. Mr. McCabe started his career in financial
services at Smith Barney, where over the course of a successful
15-year tenure he was promoted to manage four branches throughout
Palm Beach County.
"I am delighted to join Oppenheimer and lead its Palm Beach Gardens office, which I have long
admired for providing outstanding service and innovative solutions
to clients," McCabe said. "The team has benefited from an excellent
management team, which I respect greatly. This gives me every
confidence that we are in a strong position to build upon their
achievements by creating positive outcomes for our advisors and
their clients alike."
McCabe received his bachelor's degree from Manhattan College. He serves on the Board of
Directors of the nonprofit organization Feeding South Florida and
has volunteered at local nonprofits, including the Homeless
Coalition of Palm Beach County,
the children's organization Place of Hope, and the Vita Nova
organization for homeless youth.
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.
Media Contact:
Joseph
Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com
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SOURCE Oppenheimer & Co. Inc.