Oppenheimer Appoints Vien Le As Managing Director
Rhea-AI Summary
Oppenheimer (NYSE: OPY) appointed Vien Le as Managing Director in its Public Finance Investment Banking Group, effective Feb. 25, 2026. Le will be based in Los Angeles and report to Beth Coolidge, Head of Public Finance.
Le brings 20+ years of municipal finance experience, will focus on California and support clients across the West, and previously served at Stern Brothers, UBS and other firms.
Positive
- Hires Vien Le with 20+ years municipal finance experience
- Strengthens West Coast presence with Los Angeles–based leader
- Adds issuer relationships with California state and major municipal clients
Negative
- None.
News Market Reaction – OPY
On the day this news was published, OPY gained 3.69%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
OPY slipped 0.16% with modestly elevated volume, while listed peers (e.g., HIVE, FUFU, BTBT) showed positive moves, and momentum scanner only flagged BITF up 1.36%. This points to a stock-specific day rather than a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-01-30 | Earnings release | Positive | +10.3% | Record Q4 and FY 2025 results with strong revenue and net income. |
| 2025-12-12 | Special dividend | Positive | +0.7% | Declared $1.00 per share special dividend funded from existing cash. |
| 2025-12-08 | Senior hire | Positive | +0.2% | Added biotech research MD to strengthen healthcare and genetic medicines coverage. |
| 2025-11-17 | Leadership change | Positive | -4.1% | Appointed new Head of Cash Equity Sales and Trading to expand equities platform. |
| 2025-10-31 | Earnings release | Neutral | +0.7% | Q3 2025 revenue grew while net income and EPS declined on higher expenses. |
Earnings and capital return headlines have drawn clearer positive reactions, while leadership hires have produced mixed, generally smaller moves.
Over the last several months, Oppenheimer reported strong results, including record Q4 and full-year 2025 earnings with revenue of $472.6M in Q4 and $1.64B for FY-2025, alongside special dividends of $1.00 per share. Earlier, Q3 2025 revenue rose to $424.4M even as net income eased. The firm has complemented financial performance with strategic senior hires in equities, biotech research, and now public finance, signaling continued investment in its capital markets and advisory franchises.
Market Pulse Summary
This announcement highlights Oppenheimer’s continued build-out of its platform through targeted senior hiring in public finance, following earlier additions in equities and biotech research. The new Managing Director brings over two decades of municipal finance experience focused on Western U.S. issuers. In context of recent record 2025 earnings and special dividends, investors may monitor future public finance deal activity, overall advisory revenue trends, and how leadership additions integrate into the broader capital markets strategy.
Key Terms
municipal finance financial
AI-generated analysis. Not financial advice.
Seasoned municipal finance leader joins the firm's Public Finance Investment Banking Group and will be based in
Vien Le joins Oppenheimer with more than two decades of municipal finance experience advising public-sector clients on complex financings across a range of infrastructure sectors. Based in
"Vien is a high-caliber addition to our public finance team and a strong fit for how we serve clients," Coolidge said. "His experience, relationships, and practical understanding of issuer priorities will help us expand our capabilities and continue building momentum in the West."
Le most recently served as a Managing Director at Stern Brothers. His career also includes public finance roles at UBS, Loop Capital Markets, Ramirez & Co., and Cabrera Capital Markets.
"I'm excited to join Oppenheimer," Le said. "The firm has built a platform that is well positioned for growth, and I look forward to working with Beth and the team to support issuers with thoughtful financing strategies tied to long-term community needs."
Earlier in his career, Le worked as a researcher in the Cardiology Division at the UCLA Medical School. He has a BA in History from the University of
Coolidge continued: "Our public finance business continues to grow because we stay focused on talent, leadership, and client service. Vien's experience and relationships will add real depth as we build on that momentum across the West Coast."
About Oppenheimer Holdings Inc.
Oppenheimer Holdings Inc., through its Oppenheimer & Co. Inc. subsidiary, and related entities, provides a full range of wealth management, securities brokerage, and investment banking services to high-net-worth individuals, families, corporate executives, businesses, and institutions. For more information, please visit www.oppenheimer.com.
Media Contact:
Michael Dugan
Haven Tower Group LLC
424 317 4852
mdugan@haventower.com
View original content:https://www.prnewswire.com/news-releases/oppenheimer-appoints-vien-le-as-managing-director-302696426.html
SOURCE Oppenheimer & Co. Inc.