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Herbert Thornton

Oppenheimer & CO. INC.
42 Years of Experience
Red Bank, NJ
2 DisclosuresBroker
View SEC Summary
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Herbert Thornton is a registered investment advisor at Oppenheimer & CO. INC., based in Red Bank, NJ, with 42 years of industry experience. Herbert is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 39,036 clients with $37B in assets under management.

Oppenheimer & CO. INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1155 advisors
Number of Clients
39,036 clients
Average Client Portfolio
$940K average
Assets Under Management
$36.7B

Fee Structure

Minimum Investment:$10K
Investment management only (planning not offered)
Minimum Annual Fee:$250
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Maximum asset-based fees are up to 2.5% for the FAM program and up to 2.25% for the Preference program. Fees vary by program and are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

3 Harding Road, Red Bank, NJ, 07701

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2002
Settled
Criminal
May 1978
Final Disposition
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Oppenheimer & CO. INC.
January 2019 - Present · 7 yrs 9 mos
Oppenheimer & CO. INC.Broker
January 2019 - Present · 7 yrs 9 mos
Previous Registrations
Wells Fargo Clearing Services, LLC
April 2004 - February 2019 · 14 yrs 10 mos
Wells Fargo Clearing Services, LLCBroker
October 2003 - February 2019 · 15 yrs 4 mos
UBS Financial Services INC.
September 2002 - October 2003 · 1 yr 1 mo
UBS Financial Services INC.Broker
June 1999 - October 2003 · 4 yrs 4 mos
A. G. Edwards & Sons, INC.Broker
April 1989 - June 1999 · 10 yrs 2 mos
Baird, Patrick & CO., INC.Broker
July 1986 - April 1989 · 2 yrs 9 mos
Philips, Appel & Walden, INC.Broker
November 1984 - July 1986 · 1 yr 8 mos
Tara Securities CORP.Broker
April 1984 - August 1984 · 4 mos
State Registrations7 states
FLGANCNJNYPASC
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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