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Oppenheimer & Co. to open east-side office

WICHITA – Oppenheimer & Co. is opening an east-side office at 1223 N. Rock, which will be the new home of most of its Wichita employees.

“It seemed like a logical choice,” Greg Schaff says of moving east.

Schaff is senior director of investments and branch manager for Oppenheimer in Kansas City, Mo. He’s the one who made the decision for the company to re-enter the Wichita market after being gone for several years.

“It made a whole lot of sense to me to re-establish in Wichita,” Schaff says. “It’s got a lot of potential.”

When the company first came back late last year, it hired public finance professional Theron Froggatte, whose office is located at 320 N. Main. He had extra space, so that’s where Oppenheimer put four more financial advisers.

Those advisers will move east, and the company is hiring one more plus a registered assistant. Froggatte will remain downtown.

Schaff likes the east side for its potential for future advisers and clients.

“It seemed to be where . . . the other brokerage firms were located,” he says. “It looks to be a fairly affluent area.”

Patrick Ahern of Grubb & Ellis/Martens Commercial Group handled the deal.

“It’s an exciting opportunity,” Schaff says.