8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  March 13, 2009

OPPENHEIMER HOLDINGS INC.

(Exact name of registrant as specified in its charter)

Commission File Number:   1-12043

Canada	98-0080034
(State or other jurisdiction of	(IRS Employer
incorporation)	Identification No.)

PO Box 2015, Suite 1110

20 Eglinton Avenue West

Toronto Ontario Canada  M4R 1K8

(Address of principal executive offices, including zip code)

(416) 322-1515

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[X]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.    Other Events.

On March 13, 2009, Oppenheimer Holdings Inc. (“OPY”) issued a press release announcing that it is expanding in the Southeastern United States through branches in Florida, North Carolina, Tennessee and Virginia as well as additions to the staff of existing branches in the region as well as in the state of Texas.

The press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01.    Financial Statements and Exhibits.

(d)  Exhibits.

Exhibit No.

Description

99.1

Oppenheimer Holdings Inc. Press Release issued March 13, 2009

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Oppenheimer Holdings Inc.
Date: March 13, 2009	By:	/s/ E.K. Roberts
		E.K. Roberts
		President and Treasurer (Duly Authorized Officer and Principal Financial Officer)

EXHIBIT INDEX

Exhibit No.

Description

99.1    

Oppenheimer Holdings Inc. Press Release issued March 13, 2009

EX-99

Exhibit 99.1

PRESS RELEASE

OPY on the NYSE

Oppenheimer Expands in the Southeastern U.S.

March 13, 2009. New York, NY.    Oppenheimer Holdings Inc. (OPY on the NYSE) announced today that its subsidiary, Oppenheimer & Co. Inc. is expanding in the southeastern United States through new branches in Florida, North Carolina, Tennessee and Virginia as well as additions to the staff of existing branch offices in the region as well as in the state of Texas.

 These offices will be staffed by financial advisors formerly associated with the Stanford Group. After reviewing available information and meeting with these advisors, Oppenheimer has concluded that those financial advisors to whom it made offers of employment run solid and diversified practices and cater to the type of affluent client that are the hallmark of our firm.  These individuals have had extensive experience in the securities industry and, prior to moving to Stanford, were previously associated with well recognized securities firms.

The Company believes that the addition of these individuals and the expansion of our presence in these attractive markets will strengthen our firm and offer us additional opportunities in the future.  The Company is pleased that these individuals have chosen to work at Oppenheimer, and looks forward to helping them and their clients through what has been an extremely difficult time.

Oppenheimer, through its principal subsidiaries, Oppenheimer & Co. Inc. (a U.S. broker-dealer) and Oppenheimer Asset Management Inc., offers a wide range of investment banking, securities, investment management and wealth management services from over 86 offices in 21 states and through local broker-dealers in 4 foreign jurisdictions. Prior to this announcement, Oppenheimer employed over 3,300 people.  The Company offers trust and estate services through Oppenheimer Trust Company. OPY Credit Corp. offers syndication as well as trading of issued corporate loans. Evanston Financial Corporation is engaged in mortgage brokerage and servicing. In addition, through Freedom Investments, Inc. and the BUYandHOLD division of Freedom, Oppenheimer offers online discount brokerage and dollar-based investing services.

This press release includes certain “forward-looking statements” relating to anticipated future performance.  For a discussion of the factors that could cause future performance to be different than anticipated, reference is made to Oppenheimer’s Annual Report on Form 10-K for the year ended December 31, 2008.

For further information, please contact Brian Maddox at (212) 850-5661.