John Morneau is a registered investment advisor at Oppenheimer & CO. INC., based in New York, NY, with 30 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
85 Broad Street, 26th Flr, New York, NY, 10004
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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John is a fixed income consultant for independent advisors through Fulcrum Point Fixed Income Group, LLC, dedicating about 10-20% of his time. He also assists his spouse's photography company and acts as a trustee for a cousin's account, both requiring minimal time.
Employment History
Current Registrations
Oppenheimer & CO. INC.Broker
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.
Previous Registrations
International Assets Investment Management, LLC
International Assets Advisory, LLCBroker
Spire Securities, LLCBroker
Cowen and CompanyBroker
Crt Capital Group LLCBroker
J.P. Morgan Securities INC.Broker
State Registrations53 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.