Baird, an international, employee-owned financial services firm, today announced that 17 veteran wealth management professionals have joined the firm. The new Baird associates include 12 seasoned Financial Advisors who offer wealth management solutions for families and individuals, business owners and corporate clients. They are working from Baird’s new state-of-the-art office located at 601 Carlson Parkway, Suite 950, in Minnetonka, Minn.
“We’re extremely pleased to add these talented, veteran professionals to Baird and expand our footprint in the Greater Minneapolis area. Baird is enhancing its presence as a leading wealth management provider in strategically important markets throughout the United States,” said Paul Purcell, Baird Chairman, President & CEO.
The 12 Financial Advisors joining Baird’s new Minnetonka office are:
- L. Larry Law, Branch Manager, Senior Vice President
- James A. Anderson, Senior Vice President
- Thomas R. Bredeson, Senior Vice President
- Michael E. Chorley, Senior Vice President
- David Goldenberg, Senior Vice President
- William Teeter, Senior Vice President
- John Wire, First Vice President
- Lawrence W. Carlsen, Vice President
- Fred Gamble, Vice President
- Douglas R. Sandahl, Vice President
- Bryan Strong, Vice President
- Dan Law, Vice President
Baird’s Private Wealth Management business continues to grow in Minnesota and around the country. Over the past five years, PWM clients’ assets have increased 70 percent, and within the last year, veteran Financial Advisor teams have been added in Phoenix, Ariz. and Reston, Va. The firm has had a presence in Minnesota for nearly 35 years, and the new Minnetonka office complements the wealth management services offered by Baird’s Edina, Minn., office, which has 14 Financial Advisors. Today, Baird has 40 associates in Minnesota.
“Minneapolis is a tremendous market, and we are very proud to build upon our nearly 35-year history in Minnesota,” said Michael J. Schroeder, Director of Baird Private Wealth Management. “Adding this very capable and experienced team and establishing our new Minnetonka office underscores our commitment to offer leading-edge wealth management solutions to individual clients and families in Greater Minneapolis and beyond.”
Added L. Larry Law, Branch Manager and Senior Vice President, “Baird offered the right combination of size, culture and products to help us meet the increasingly complex service needs of our clients.”
Baird uses a comprehensive, team-based approach to financial planning and wealth management, supported by world-class research and technology. Baird Financial Advisors serve as personal wealth managers, developing customized financial strategies that address key concerns such as financial planning, asset allocation, tax management and wealth transfer. They are supported by nearly 60 in-house specialists in areas including estate planning, tax planning, investment research, and specialized services for business owners and corporate executives.
Teams enable Baird Financial Advisors to leverage their complementary strengths and develop advanced specialization for the benefit of clients. In addition to an average of 17 years of industry experience, nearly half of Baird’s Financial Advisors hold at least one professional designation or have qualified as a Senior Investment Consultant through Baird’s program at the University of Chicago Graduate School of Business. Baird’s ongoing investment in sophisticated tools helps Financial Advisors achieve a clear view of their clients’ goals, assets and strategies, and enables them to implement a broader array of investment solutions.
About Baird Private Wealth Management
Using a consultative approach, Baird’s nearly 600 Financial Advisors deliver unique wealth management solutions to clients nationwide. They have the resources to oversee the complete financial picture for wealthy families and individuals, employing innovative strategies that address complex financial issues as well as family and philanthropic interests. Baird Financial Advisors managed and oversaw more than $55 billion in client assets as of March 31, 2008.
Leveraging a network of specialists, Baird Financial Advisors also work closely with business owners and corporate clients to address the specific needs of corporate executives, benefit coordinators and those in need of business transition planning.
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 2,300 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of more than $73 billion. Committed to being a great place to work, Baird is one of FORTUNE’s “100 Best Companies to Work For” in 2008 -- its fifth 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