Oppenheimer Names Aaron Stowell Managing Director and Branch Manager of Atlanta Office

Rhea-AI Summary

Oppenheimer & Co. Inc. (NYSE: OPY) has appointed Aaron Stowell as Managing Director and Branch Manager of its Atlanta office. Stowell, who joins from Morgan Stanley where he held a similar position for 17 years, will lead the day-to-day operations of Oppenheimer's wealth management business in Atlanta. He succeeds Todd Wiggins, who has been tapped to lead the firm's Dallas-Fort Worth Region.

Ed Harrington, Executive Vice President of the Private Client Division, praised Stowell's strong connection to Atlanta and his ability to execute on Oppenheimer's growth plans. Stowell, who has a finance degree from Kennesaw State University and an MBA from the University of Massachusetts Amherst, expressed enthusiasm about returning to Atlanta and building upon the legacy left by his predecessor.

Positive

• Appointment of experienced leader Aaron Stowell as Managing Director and Branch Manager in Atlanta
• Strategic move to strengthen Oppenheimer's presence in the Atlanta market
• Potential for growth and expansion of wealth management business in the region

Negative

• None.

News Market Reaction

-0.77%

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-0.77% News Effect

On the day this news was published, OPY declined 0.77%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Longtime financial services veteran assumes role after serving in similar position for 17 years

NEW YORK, Sept. 10, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that Aaron Stowell has been named Branch Manager of its Atlanta office, where he will lead the day-to-day operations of the firm's wealth management business in the city.

Stowell, who was also named a Managing Director, joined Oppenheimer from Morgan Stanley, where he held a similar position. He succeeds Todd Wiggins, who Oppenheimer has tapped to lead the firm's Dallas-Fort Worth Region.

"Aaron is the perfect choice to lead our vitally important Atlanta office," said Ed Harrington, Executive Vice President of the Private Client Division. "When we initiated our search, we were looking for a leader just like him, someone who has a strong connection to Atlanta, appreciates the firm's advisor-centric culture and can execute on our ambitious growth plans. His addition is a great homecoming story and demonstrates Oppenheimer's passion for and commitment to providing the firm's advisors and their clients with the best service experience possible." 

For the past 17 years, Stowell worked at Morgan Stanley, serving in a variety of leadership roles, including in the Buckhead neighborhood north of Atlanta. Most recently, he was an executive director and branch manager in the firm's St. Petersburg, Fla., office. Stowell has a finance degree from Kennesaw State University and an MBA from the University of Massachusetts Amherst. 

"I consider Atlanta home, so I could not be happier to join Oppenheimer and lead its branch in the city," Stowell said. "Todd left a wonderful legacy here, and I look forward to building upon it, not only by continuing to provide our highly skilled and entrepreneurial advisors the support they need to provide clients a best-in-class service experience but by attracting new professionals to join our growing team."

Oppenheimer & Co. Inc. 
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions.

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View original content:https://www.prnewswire.com/news-releases/oppenheimer-names-aaron-stowell-managing-director-and-branch-manager-of-atlanta-office-302243167.html

SOURCE Oppenheimer & Co. Inc.

FAQ

Who is the new Branch Manager of Oppenheimer's Atlanta office?

Aaron Stowell has been named the new Branch Manager of Oppenheimer's Atlanta office, as well as Managing Director.

What is Aaron Stowell's previous experience before joining Oppenheimer (OPY)?

Aaron Stowell worked at Morgan Stanley for 17 years, serving in various leadership roles, including as an executive director and branch manager in St. Petersburg, Florida.

Who did Aaron Stowell replace as Branch Manager in Oppenheimer's Atlanta office?

Aaron Stowell succeeded Todd Wiggins, who has been tapped to lead Oppenheimer's Dallas-Fort Worth Region.

What are Oppenheimer's (OPY) plans for its Atlanta office under Aaron Stowell's leadership?

Oppenheimer aims to continue providing support to its advisors, offer clients a best-in-class service experience, and attract new professionals to grow its team in Atlanta.