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CFP
AO
CFP

Allen O'brian

Oppenheimer & CO. INC.
54 Years of Experience
Birmingham, MI
2 DisclosuresBroker
View SEC Summary
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Allen O'brian is a CFP-designated registered investment advisor at Oppenheimer & CO. INC., based in Birmingham, MI, with 54 years of industry experience. Allen 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

385 S. Eton Street, Birmingham, MI, 48009

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History

Regulatory History (2)
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.
Employment Separation After Allegations
February 2017
Customer Dispute
February 2000
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Allen is co-trustee with his wife of their living trust, established in 2020, which will hold securities. This requires minimal time, perhaps one hour per month.

Employment History
Current Registrations
Oppenheimer & CO. INC.
March 2017 - Present · 9 yrs 7 mos
Oppenheimer & CO. INC.Broker
March 2017 - Present · 9 yrs 7 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
June 2008 - March 2017 · 8 yrs 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
June 2008 - March 2017 · 8 yrs 9 mos
UBS Financial Services INC.
October 2006 - July 2008 · 1 yr 9 mos
UBS Financial Services INC.Broker
November 1990 - July 2008 · 17 yrs 8 mos
Lehman Brothers INC.Broker
January 1982 - December 1990 · 8 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 1978 - February 1982 · 3 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith, INC.Broker
January 1977 - September 1978 · 1 yr 8 mos
Waddell & Reed, INC.Broker
May 1972 - October 1976 · 4 yrs 5 mos
State Registrations24 states
ALARAZCACODEFLILINMIMNMONCNMNYOHOKORSCSDTNTXVAWA
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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