New York-listed wealth manager Oppenheimer & Co has chosen to replace its incumbent platform Reuters Plus, which has been in place for several years, with Thomson ONE Wealth Management.

The Anglo-Canadian news and data firm's platform, which supports the entire wealth management process, including the integration of advanced portfolio management and book management, will be rolled out to 2500 financial advisor desktops at Oppenheimer & Co.

“Oppenheimer financial advisors and branch managers now will manage and grow their business directly from their desktop. Ultimately, our clients will benefit from the efficiencies and insights that Thomson ONE Book Management will promote,” said Tom Riordan, senior vice president, chief information officer at Oppenheimer.

“Oppenheimer has been a long time, highly valued customer and we’re delighted to continue the relationship with the rollout of Thomson ONE Wealth Management. Oppenheimer financial advisors now will have the advantage of the greater functionality that makes Thomson ONE Wealth Management such a powerful business management tool,” said Chris Perry, president, Americas, Thomson Reuters.