Monday, October 17, 2011

Oppenheimer to close Memphis office - Memphis Business Journal:

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Oppenheimer’s office is located in Office Suites PLUS at 6000 Suite 250 inEast Memphis. Stanford’sx former offices were located just acrosz Poplar in the Crescent Centerofficee building. Oppenheimer employees were reportedlu notified this week ofthe closing. The office is a retail brokeragd operation. Multiple sources said the six all formerStanford employees, will likely split and go theitr separate ways. Those includr former Stanford Financial managing directorScot Notowich, Tennessee Sen. Paul Norman Blake, Chuck Jon Barrack and CharlesLee Brickey.
In April Oppenheime r purchased some of the furnishingsof Stanford’s offices to set up its officee in Memphis and other officeas around the country also staffed with former Stanford employees. Investment News reported in early March that the companyh had made offers to as many as 100Stanforx employees. The article characterized the deals as “bare bones.” “Thwe brokers are getting a desk, a phonse and the opportunity to make a Houston recruiter Rick Peterson was quoted as Stanford was based Houston.

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