STAMFORD, Conn., June 1, 2010
Prior to joining Baird, Lombra spent 12 years at UBS Investment Bank, where he was most recently the Head of the Healthcare Trading Pod. Lombra earned his Bachelor’s degree in finance from Pennsylvania State University.
“We are very excited to have Todd joining as a senior member of Baird’s healthcare trading team,” said Peter Gunderson, Baird’s Director of Principal Trading. “Principal trading continues to be a very significant opportunity for our firm. We look forward to the ongoing expansion of our trading platform to best serve our clients’ needs.”
Baird’s equity trading services focus on providing best execution, anonymity, responsive service, and a broad array of trading products. Baird offers program trading, algorithmic trading, and CSA and Soft Dollar execution, in addition to traditional high-touch equity trading. Baird makes a market in over 1,700 stocks.
Lombra’s addition expands Baird’s trading presence in Stamford and underscores the continued growth of the firm’s Institutional Equity Services business, which posted its 15th consecutive year of record revenues in 2009, despite the turbulent market environment. Other highlights over the past year include establishing an exclusive partnership with Fox River Execution to provide algorithmic trading capabilities to Baird’s institutional clients, opening a new state-of-the-art trading floor, and expanding the team with multiple Institutional traders and salespeople in both the U.S. and Europe.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 2,400 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of more than $78 billion. Committed to being a great place to work, Baird ranked number 11 on FORTUNE’s “100 Best Companies to Work For” in 2010 – its seventh consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations. For more information, please visit Baird’s Web site at www.rwbaird.com.
For additional information contact:Angela Pittman Taylor
Baird Public Relations