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John Blau named president of Oppenheimer Asset Management

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Oppenheimer Asset Management, a unit of Oppenheimer Holdings, has appointed John Blau as its president.

 
He will be based out of the firm’s New York City headquarters.
 
Since Blau, 44, joined Oppenheimer in 1998, he has enjoyed wide-ranging success at the firm, first as a financial advisor, then as head of West Coast asset management marketing. For the past two and a half years, he has served as co-head of sales and marketing for OAM.
 
“Oppenheimer Asset Management is well positioned to expand our leadership in providing investment advice and management to our clients,” says Blau. “I’m excited to have the opportunity to help shape our plans to achieve new levels of growth and share Oppenheimer’s expertise with our clients.”
 
“I have great confidence in John, and I look forward to working with him for many years,” says Albert G Lowenthal, chairman of the board of Oppenheimer Holdings. “I have given him an ambitious mandate and believe that the diversity of our investment options and an improving investment climate will permit us to continue growing our managed account business while providing competitive returns on investments to our clients.”

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