$421m team breaks away from Oppenheimer
September 23, 2020
By Ian Wenik
A family of advisors formerly affiliated with Oppenheimer & Co. has broken away to start a TruClarity Management Solutions-backed RIA.
Jonathan Nadler, along with daughter Jessica Demler and son-in-law Masahiro Yamazaki, have exited to start Oxler Private Wealth in New York City. The trio managed roughly $421m in client assets while affiliated with Oppenheimer, TruClarity said.
‘After many years at a regional brokerage house and a constant reassessment of how to best serve clients, it became abundantly clear the fee-only RIA business model was the best platform for us,’ said Nadler, who will serve as a senior portfolio strategist at Oxler. He had spent the last 32 years of his career affiliated with Oppenheimer.