E. Magnus Oppenheim & Co. Inc.

E. Magnus Oppenheim & Co., Inc. (EMO) provides discretionary portfolio management, financial consulting, and investment research for individual investors as well as pension and profit-sharing plans, charitable organizations, corporations, and other business entities. The firm also sponsors and advises a limited partnership for accredited investors and delivers periodic account and fund performance reports to clients.

EMO’s investment process centers on fundamental, in-depth equity research aimed at identifying undervalued situations and company-specific catalysts for long-term capital appreciation, with a primary focus on larger NYSE- and NASDAQ-listed companies. Portfolios are managed with a conservative orientation—seeking diversification and dividend yield while avoiding short-selling, margin, and derivatives—and are monitored with regular reviews, typically at least quarterly.

Compared with many solo independent advisers, EMO is now a wholly owned Parsonex company and is affiliated with Parsonex broker-dealers and an affiliated registered investment adviser, and it acts as sponsor/adviser to a pooled investment vehicle, which is uncommon for firms of its size. The firm also disclosed an SEC enforcement order in 2023 addressing compliance and best-execution deficiencies, consented to sanctions including a censure, cease-and-desist, a monetary penalty and the appointment of an independent compliance consultant, and states that new management is implementing corrective measures.