Baird seems to be moving up more frequently than ever these days. It is targeting more and more markets and taking financial advisors from Merrill Lynch, Morgan Stanley and other firms it can find high producing advisors. Baird is more aggressive than ever. This privately held company is so alluring to so many advisors.
Baird is self-clearing and has a team of seasoned employees to help with every different aspect necessary for a financial advisor to run a successful business. This includes helping advisors with comprehensive wealth management plans, a tax team, technology services and back office operations. This firm is so successful, it has no need to go public.
Baird continues to open offices in every region they don’t already have exposure, including Winston-Salem, Denver, Sacramento and Baltimore. It also has plans to open many more offices in areas such as Charlotte, Portland, Or., and St Paul, Minn.
And why shouldn’t they? Baird has managed to sign on veteran advisors such as Charles Knowlton of Smith Barney. According to Aarti Maharaj, Hiring Continues at Baird, “Knowlton spent eight years at Smith Barney and is now senior vice president, branch manager and financial advisor at the firm’s new Charleston office.”