James Allen
James Allen is a CFP-designated registered investment advisor at Oppenheimer & CO. INC., based in Chicago, IL, with 32 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
500 West Madison, Suite 3800, Chicago, IL, 60661
Get directionsHistory
Regulatory History (4)
Customer Dispute
March 2024Customer Dispute
October 2020Customer Dispute
August 2017Employment Separation After Allegations
April 2017Other Business Activities
James makes investment banking referrals and volunteers as a caucus member for the Village of Glencoe, Illinois, participating in selecting library and park district candidates. The caucus activity requires minimal time.
Employment History
Current Registrations
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.Broker
Previous Registrations
Sanctuary Advisors, LLC
Sanctuary Securities, INC.Broker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Citicorp Investment Services
Citicorp Investment ServicesBroker
Investment Network, INC.Broker
Marketing One Securities, INC.Broker
Rothschild Investment CorporationBroker
Stifel, Nicolaus & Company, IncorporatedBroker
Gruntal & CO. IncorporatedBroker
Bear, Stearns & CO. INC.Broker
Chatfield Dean & CO., INC.Broker
State Registrations13 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.