Karen Schwocho-Tunnecliffe
Karen Schwocho-Tunnecliffe is a registered investment advisor at Oppenheimer & CO. INC., based in Birmingham, MI, with 27 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
385 S. Eton Street, Birmingham, MI, 48009
Get directionsHistory
Regulatory History (1)
Customer Dispute
June 2007Other Business Activities
Karen is a facilitator for an 8-week leadership course for middle and high school students through Reaching Higher Inc. She dedicates minimal time to this role, and it is not investment-related.
Employment History
Current Registrations
Oppenheimer & CO. INC.Broker
Oppenheimer & CO. INC.
Previous Registrations
J.P. Morgan Securities LLCBroker
J.P. Morgan Securities LLC
Morgan Stanley
Morgan StanleyBroker
Comerica Securities
Comerica SecuritiesBroker
Equity Services, INC.Broker
Cetera Advisors LLCBroker
Metlife Securities INC.Broker
New England SecuritiesBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
Fsc Securities CorporationBroker
Linsco/private Ledger CORP.Broker
VALIC Financial Advisors, INC.Broker
The Variable Annuity Marketing CompanyBroker
Dean Witter Reynolds INC.Broker
Fsc Securities CorporationBroker
Linsco/private Ledger CORP.Broker
Securities America, INC.Broker
Gold Securities CORP.Broker
State Registrations2 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.