Oppenheimer & Co. Inc. announced a significant integration with GBI (Global Bullion International) on March 19, 2025, which will allow its wealth management clients the opportunity to invest in physical precious metals such as gold and silver. This strategic partnership aims to enhance Oppenheimer’s service offerings by providing seamless access to alternative investments through GBI’s innovative platform.
This integration marks a notable step for Oppenheimer as it seeks to expand the investment options available to its clients. With the rising interest in gold and silver as a hedge against market volatility, the ability to buy, sell, store, and take delivery of these uncorrelated tangible assets directly from their wealth management accounts provides valuable diversification strategies for investors.
“We’re thrilled to welcome Oppenheimer to the GBI Platform, joining our esteemed group of wealth management clients,” said Steven Feldman, the Co-Founder and CEO of GBI. “This collaboration strengthens our commitment to providing a comprehensive and tailored physical precious metals solution that addresses the growing demand of wealth managers and their clients for this uncorrelated tangible asset.”
The integration allows Oppenheimer’s clients to engage in transactions including the buying and selling of gold, silver, platinum, and palladium, which will not only diversify their portfolios but also capitalize on the trends in the physical precious metals market. Robert Lowenthal, President of Oppenheimer & Co. Inc., stated, “The integration of the GBI Platform reflects our ongoing dedication to expanding and diversifying the investment options available to our clients.”
Founded in 2009 by Wall Street veterans Steven Feldman and Dan Tapiero, GBI has established itself as a premier institutional platform for physical precious metals investments, boasting over $4 billion in assets under administration. GBI’s technology is designed to integrate seamlessly into the trading systems of top brokers and wealth managers, simplifying the investment experience for clients.
As investors show increasing demand for assets that are not correlated with traditional markets, offerings such as those made available through GBI's platform allow clients to secure their investments against economic fluctuations. This integration is also a response to the changing dynamics of the market where wealth managers are seeking to meet client needs for tangible investment options.
With GBI’s focus on transparency, security, and liquidity, the integration into Oppenheimer’s wealth management solutions is set to enhance client engagement through a straightforward and efficient investment process. As more people recognize the value of diversifying their investment portfolios, physical precious metals continue to be seen as a prudent addition.
In summary, this strategic integration represents a forward-thinking approach for Oppenheimer & Co. It opens up new investment pathways that cater to a growing demographic of investors eager for alternative investment strategies in their portfolios.
