Adam Quarello is a registered investment advisor at Oppenheimer & CO. INC., based in Los Angeles, CA, with 24 years of industry experience. Their practice areas include Financial Planning & Coaching, High Net Worth, Retirement Planning. Their firm serves 37,605 clients with $32B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Oppenheimer offers several investment management programs with different fee structures:
- Fahnestock Asset Management (FAM): Fees up to 2.5% of your portfolio. Commissions are also charged on certain FAM accounts.
- Alpha: Clients pay brokerage commissions and ticket/handling charges on securities transactions.
- Preference: Fees up to 2.25% of your portfolio. Additional charges may apply based on trading activity.
Minimum account sizes vary depending on the program and the types of investments included in the account. The minimum annual fee for FAM and Preference accounts is $250, but this is waived if the account is at least $50,000 or household advisory accounts are at least $250,000.
Location
10880 Wilshire Boulevard, 23rd Floor, Los Angeles, CA, 90024
Get directionsHistory
Regulatory History (7)
Customer Dispute
October 2023Customer Dispute
May 2022Customer Dispute
August 2017Customer Dispute
July 2016Customer Dispute
June 2012Employment Separation After Allegations
March 2009Customer Dispute
October 2008Other Business Activities
Adam plays music in public. This activity is not investment-related.
Employment History
Current Registrations
Oppenheimer & CO. INC.Broker
Oppenheimer & CO. INC.
Oppenheimer & CO. INC.
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
UBS Financial Services INC.Broker
UBS Financial Services INC.
Ameriprise Financial Services, INC.
Ids Life Insurance CompanyBroker
Ameriprise Financial Services, INC.Broker
State Registrations26 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.