Oppenheimer + Close focuses on long-term value investing, primarily in exchange-listed or over-the-counter equity securities. They tailor portfolios to individual client needs, considering risk tolerance and investment objectives. They also offer ancillary financial planning and consultative services, including asset allocation, risk management, and income planning. Oppenheimer + Close manages three limited partnerships and provides asset management services for ERISA plans through an arrangement with Pontera Solutions Inc.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.75% |
This rate applies to debt and equity. Cash, certificates of deposit, short-term treasury issues, and money market funds are charged 0.5% per year. For held away asset management via the Pontera platform, the fee is 0.75% of assets under management. Some accounts may also be charged a 10% performance fee. Fees are negotiable in certain circumstances.