Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Practice Management > Building Your Business

Oppenheimer & Co. Taps New Leader for Private-Client Unit

By Marlene Satter

X
Your article was successfully shared with the contacts you provided.

Oppenheimer & Co. Inc. has announced that in a strategic leadership transition, Ed Harrington, currently managing director and head of sales and marketing for Oppenheimer Asset Management, will assume the role of executive vice president of the private client division and become a member of Oppenheimer’s management committee.

Mark Whaley, who currently serves as EVP of that division, will retire as of Feb. 1, 2019, from the leadership position, although he will stay with the firm through 2019.

Harrington has been with Oppenheimer for 25 years in a range of areas including product development, sponsor engagement, operations and product marketing. He built a sales and marketing team and led investment management distribution efforts across 92 U.S. retail locations and 1,100 advisors.

In addition, Harrington played a collaborative role in the launch of the firm’s private market opportunity platform, which delivers private investment vehicles to qualified investors.

Whaley, who recently celebrated his 10-year anniversary with Oppenheimer, has made numerous contributions to the industry during his long career, from wealth management capabilities to implementation of compliance/supervisory controls.

“Ed has demonstrated his leadership and expertise in numerous ways and brings deep knowledge of our industry, firm and advisory practices,” Bud Lowenthal, chairman and chief executive officer of Oppenheimer, says in a statement. He adds, “In this important role, he will empower our advisors, help recruit the next generation of advisors, and continue to move the business forward.”

Of Whaley, Lowenthal says, “Mark has been an important contributor to our firm and we are grateful he will remain with us for the next year as he transitions into retirement.”

— Check out Top 6 Trends in Wealth Management: Chip Roame on ThinkAdvisor.

Marlene Satter

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.