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John Kay

Oppenheimer & CO. INC.
41 Years of Experience
Grosse Pointe Farms, MI
2 DisclosuresBroker
View SEC Summary
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John Kay is a registered investment advisor at Oppenheimer & CO. INC., based in Grosse Pointe Farms, MI, with 41 years of industry experience. John 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
1159 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

63 Kercheval Avenue, Suite 300, Grosse Pointe Farms, MI, 48236

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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
April 2006
Denied
Customer Dispute
June 2001
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business Activities

John is an LLC member of Marienhoff LLC, a family vacation home, and performs general home and landscaping maintenance, requiring minimal time. He is also the trustee of his father's irrevocable trust, overseeing investments and income, which requires minimal time.

Employment History
Current Registrations
Oppenheimer & CO. INC.
November 2018 - Present · 7 yrs 11 mos
Oppenheimer & CO. INC.Broker
November 2018 - Present · 7 yrs 11 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
October 2010 - December 2018 · 8 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 2008 - December 2018 · 10 yrs 10 mos
Raymond James & Associates, INC.Broker
December 2000 - February 2008 · 7 yrs 2 mos
Mcdonald Investments INC.Broker
December 2000 - January 2001 · 1 mo
Raymond James & Associates, INC.Broker
June 1998 - December 2000 · 2 yrs 6 mos
Roney & CO.Broker
May 1998 - September 1999 · 1 yr 4 mos
Roney & CO. L.L.C.Broker
September 1997 - May 1998 · 8 mos
First of Michigan CorporationBroker
March 1990 - October 1997 · 7 yrs 7 mos
Dean Witter Reynolds INC.Broker
October 1984 - March 1990 · 5 yrs 5 mos
State Registrations14 states
CACOCTDEFLGAINKYMAMINYOHSCWA
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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