Michael Orourke
Michael Orourke is a registered investment advisor at Oppenheimer & CO. INC., based in Stamford, CT, with 38 years of industry experience. Their practice areas include Financial Planning & Coaching, High Net Worth, Retirement Planning. Their firm serves 37,605 clients with $32B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Oppenheimer offers several investment management programs with different fee structures:
- Fahnestock Asset Management (FAM): Fees up to 2.5% of your portfolio. Commissions are also charged on certain FAM accounts.
- Alpha: Clients pay brokerage commissions and ticket/handling charges on securities transactions.
- Preference: Fees up to 2.25% of your portfolio. Additional charges may apply based on trading activity.
Minimum account sizes vary depending on the program and the types of investments included in the account. The minimum annual fee for FAM and Preference accounts is $250, but this is waived if the account is at least $50,000 or household advisory accounts are at least $250,000.
Location
263 Tresser Blvd, Suite 500, Stamford, CT, 06901
Get directionsHistory
Regulatory History (2)
Customer Dispute
May 2022Employment Separation After Allegations
October 1995Other Business Activities
Michael is a director at Aubuchon Hardware, a family-owned business where his wife is a large shareholder, dedicating about 10-20% of his time to attending board meetings. He also serves on the board of the Susan Flynn Oncology Nursing Development Program, committing minimal time, and participates in the golf committee at Innis Arden Golf Club.
Employment History
Current Registrations
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.Broker
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
UBS Warburg LLCBroker
Advest, INC.Broker
Dean Witter Reynolds INC.Broker
Kidder, Peabody & CO. IncorporatedBroker
Smith Barney, Harris Upham & CO., IncorporatedBroker
Drexel Burnham Lambert IncorporatedBroker
State Registrations33 states
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.