GBI Integrates With Oppenheimer to Offer Wealth Management Clients Seamless Access to Precious Metals

Rhea-AI Summary

Oppenheimer & Co (OPY) has announced a strategic integration with GBI (Global Bullion International), enabling its wealth management clients to invest in physical precious metals through GBI's platform. The integration, announced on March 19, 2025, allows Oppenheimer's clients to directly buy, sell, store, and take delivery of gold, silver, and other precious metals from their wealth management accounts.

The partnership aims to expand Oppenheimer's alternative investment offerings and provide clients with portfolio diversification options. The integration incorporates GBI's platform into Oppenheimer's existing wealth management services, offering a seamless investment experience for clients seeking exposure to uncorrelated tangible assets.

Positive

• Expansion of investment product offerings through new precious metals platform
• Enhanced portfolio diversification options for wealth management clients
• Strategic partnership with leading institutional precious metals platform

Negative

• None.

News Market Reaction

+2.12%

1 alert

+2.12% News Effect

On the day this news was published, OPY gained 2.12%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Oppenheimer Clients Can Now Invest in Gold, Silver, and Other Physical Precious Metals Through GBI's Integrated Platform

NEW YORK, March 19, 2025 /PRNewswire/ -- GBI, the leading institutional platform for physical precious metals investments, today announced its strategic integration with Oppenheimer & Co. Inc., a leading investment bank and wealth management firm. Through this integration, Oppenheimer's clients will be able to diversify their portfolios by seamlessly investing in gold, silver, and other precious metals through GBI's cutting-edge GBI Platform, fully integrated into Oppenheimer's suite of wealth management services.

This integration reinforces Oppenheimer's commitment to offer tailored, comprehensive financial solutions by expanding access to alternative investments such as gold and silver. Clients can now easily buy, sell, store, and take delivery of physical precious metals directly from their wealth management account.

"We're thrilled to welcome Oppenheimer to the GBI Platform, joining our esteemed group of wealth management clients," said Steven Feldman, Co-Founder and CEO of GBI. "This collaboration strengthens our commitment to providing a comprehensive and tailored physical precious metals solution that addresses the growing demand of wealth managers and their clients for this uncorrelated tangible asset."

"The integration of the GBI Platform reflects our ongoing dedication to expanding and diversifying the investment options available to our clients," said Robert Lowenthal, President, Oppenheimer & Co. Inc. "We are pleased to provide our clients with seamless access to physical precious metals through GBI, enhancing their ability to build diversified portfolios and capitalize on alternative investments."

About GBI
Founded in 2009 by Wall Street veterans Steven Feldman and Dan Tapiero, GBI is the premier institutional platform for physical precious metals investments, with over $4 billion in assets under administration. The GBI Platform integrates seamlessly into the trading systems of top brokers and wealth managers, enabling clients to buy, sell, store, and take delivery of physical gold, silver, platinum, and palladium through existing brokerage accounts. With a focus on security, transparency, and liquidity, GBI is revolutionizing access to precious metals for institutions and individual investors.

For more information, visit www.gbi.co.

About Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc., a principal subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY), provides wealth management, securities brokerage, and investment banking services to high-net-worth individuals, families, corporate executives, businesses, and institutions. Oppenheimer's global network offers tailored solutions for clients looking to grow, protect, and transfer wealth.

GBI Media Contact
media@gbi.co

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SOURCE GBI

FAQ

What does the GBI integration mean for Oppenheimer (OPY) wealth management clients?

The integration allows Oppenheimer clients to directly buy, sell, store, and take delivery of physical precious metals through their wealth management accounts using GBI's platform.

When will Oppenheimer (OPY) clients have access to GBI's precious metals platform?

The integration was announced on March 19, 2025, with immediate platform access for Oppenheimer clients.

What types of precious metals can Oppenheimer (OPY) clients invest in through the GBI platform?

Clients can invest in gold, silver, and other physical precious metals through the integrated GBI platform.

How does the GBI integration enhance Oppenheimer's (OPY) investment offerings?

The integration expands Oppenheimer's alternative investment options, allowing clients to diversify their portfolios with uncorrelated tangible assets.