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Richard Montaldo

Oppenheimer & CO. INC.
28 Years of Experience
New York, NY
3 DisclosuresBroker
View SEC Summary
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Richard Montaldo is a registered investment advisor at Oppenheimer & CO. INC., based in New York, NY, with 28 years of industry experience. Richard 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

666 3rd Avenue, New York, NY, 10017

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History

Regulatory History (3)
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.
Judgment / Lien
September 2025
Judgment / Lien
March 2025
Judgment / Lien
October 2018
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Richard works as an assistant converter at ProAmpac, a packing company, since January 2025. His role involves monitoring packaging machines after normal business hours, dedicating nearly full-time hours to this activity.

Employment History
Current Registrations
Oppenheimer & CO. INC.Broker
November 2023 - Present · 2 yrs 11 mos
Oppenheimer & CO. INC.
November 2023 - Present · 2 yrs 11 mos
Oppenheimer & CO. INC.
November 2023 - Present · 2 yrs 11 mos
Previous Registrations
Morgan Stanley
April 2017 - December 2023 · 6 yrs 8 mos
Morgan StanleyBroker
April 2017 - December 2023 · 6 yrs 8 mos
Oppenheimer & CO. INC.Broker
February 2009 - April 2017 · 8 yrs 2 mos
Oppenheimer & CO. INC.
February 2009 - April 2017 · 8 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 2003 - February 2009 · 5 yrs 4 mos
AXA Advisors, LLCBroker
August 2001 - November 2003 · 2 yrs 3 mos
Hornblower & Weeks, INC.Broker
August 1998 - August 2001 · 3 yrs
Tasin & Company, INC.Broker
April 1998 - August 1998 · 4 mos
State Registrations19 states
AZCACTDEFLGAMENCNDNJNYOHORPASCTNTXUTWY
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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