{
  "crd_number": 15168,
  "slug": "oppenheimer-plus-close-llc-new-york-ny-15168",
  "primary_business_name": "OPPENHEIMER + CLOSE, LLC",
  "legal_name": "OPPENHEIMER + CLOSE, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1989-08-10",
  "years_registered": 37,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 93012013.0,
  "raum_discretionary": 89622206.0,
  "raum_non_discretionary": 3389807.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 12589826.0,
      "count": 65
    },
    "pension_profit_sharing": {
      "raum": 119.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 80422068.0,
      "count": 61
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CT",
    "DC",
    "FL",
    "MA",
    "NH",
    "NJ",
    "NY",
    "PA",
    "TX"
  ],
  "websites": [
    "https://oppvest.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/15168",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/oppenheimer-plus-close-llc-new-york-ny-15168",
  "display_name": "Oppenheimer + Close, LLC",
  "summary": "Oppenheimer + Close, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1989, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Oppenheimer + Close, LLC (CRD 15168): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Oppenheimer + Close, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Oppenheimer + Close, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees."
    },
    {
      "q": "How much does Oppenheimer + Close, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Hourly rate: $450 an hour; Hourly rate: $325 an hour. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Oppenheimer + Close, LLC located?",
      "a": "Oppenheimer + Close, LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Oppenheimer + Close, LLC registered with the SEC or a state?",
      "a": "Oppenheimer + Close, LLC is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 15168."
    },
    {
      "q": "How much does Oppenheimer + Close, LLC manage?",
      "a": "Oppenheimer + Close, LLC reports $93,012,013 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (96% discretionary)."
    },
    {
      "q": "How have Oppenheimer + Close, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Oppenheimer + Close, LLC: Regulatory assets under management: $95,956,926 in the October 2021 data and $93,012,013 in the October 2026 data, down 3%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Oppenheimer + Close, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (65); high net worth individuals (61); pension and profit sharing plans (but not the plan participants or government pension plans) (1)."
    },
    {
      "q": "Which custodians does Oppenheimer + Close, LLC use?",
      "a": "Oppenheimer + Close, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Oppenheimer + Close, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/15168"
    },
    {
      "q": "What changed in Oppenheimer + Close, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 5. Regulatory assets under management went from $78,685,080 to $93,012,013 (+18%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 95956926.0,
      "total_employees": 5,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 87618011.0,
      "total_employees": 6,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 80378832.0,
      "total_employees": 6,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 82133121.0,
      "total_employees": 6,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 78685080.0,
      "total_employees": 5,
      "filing_date": "2025-07-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 93012013.0,
      "total_employees": 5,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 5.",
        "Regulatory assets under management went from $78,685,080 to $93,012,013 (+18%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $450 an hour",
      "Hourly rate: $325 an hour"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $450 an hour"
        ],
        "quotes": [
          "In certain instances when the service we provide does not allow us to charge according to our normal fee schedule, we may charge hourly rates as follows: Philip V. Oppenheimer at $450/hour"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $325 an hour"
        ],
        "quotes": [
          "In certain instances when the service we provide does not allow us to charge according to our normal fee schedule, we may charge hourly rates as follows: Philip V. Oppenheimer at $450/hour, Carl K. Oppenheimer and John Koller at $325/hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 450.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "the service we provide does not allow us to charge according to our normal fee schedule"
        },
        {
          "kind": "hourly",
          "amount": 325.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "the service we provide does not allow us to charge according to our normal fee schedule"
        }
      ]
    },
    "quotes": [
      "In certain instances when the service we provide does not allow us to charge according to our normal fee schedule, we may charge hourly rates as follows: Philip V. Oppenheimer at $450/hour",
      "In certain instances when the service we provide does not allow us to charge according to our normal fee schedule, we may charge hourly rates as follows: Philip V. Oppenheimer at $450/hour, Carl K. Oppenheimer and John Koller at $325/hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/oppenheimer-plus-close-llc-new-york-ny-15168.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 65,
      "fewer_than_5": false,
      "raum": 12589826.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 61,
      "fewer_than_5": false,
      "raum": 80422068.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 119.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/15168",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}