NEW YORK--(Business Wire)--
Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings (NYSE:OPY), is pleased to
announce the March 1 opening of a new branch in Kenedy, in south Texas`s Karnes
County. The development of the Eagle Ford Shale has led to an economic boom
resulting in new jobs in the community and the creation of new wealth for the
"As a result of the sudden wealth in Kenedy and the surrounding communities
within Karnes County, we believe residents may need an unprecedented level of
financial advice ranging from short-term investment recommendations to long-term
financial and estate planning solutions," said Jeffrey Young, CFP, a Senior
Director - Investments at Oppenheimer & Co. Inc.`s Houston office who is one of
two Financial Advisors who have opened the branch.
"One aspect of Oppenheimer`s unique culture is that we seek to combine a local
presence with Oppenheimer`s capabilities as a national boutique," said Kay
Barcus, CFP, an Executive Director - Investments and co-founder of the firm`s
Kenedy team. "As a native Texan who has worked my way up, I know what it is to
adapt to rising prosperity and to provide the responsible service that such
wealth creates for individuals and their families."
James Gilder, Managing Director and Branch Manager, stated, "We are excited
about the opportunity to serve the residents of Kenedy and the growing South
Texas region. Oppenheimer has a long tradition of creating innovative and
tailored investment solutions for our clients, and along with Kay and Jeff`s
extensive experience and deep knowledge of the markets, we are confident we can
be an asset to the community."
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.
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.
Oppenheimer & Co. Inc.
James Gilder, 713-650-2130
Copyright Business Wire 2013