Baird Adds The Andersen Group in Chicago

CHICAGO – Aug. 12, 2013

Baird, an international, employee-owned wealth management, capital markets, private equity and asset management firm, announced today that it has added The Andersen Group, a father-son financial advisor team, in its Chicago wealth management office. The team, which includes Financial Advisors Richard Andersen, Senior Vice President, and Eric Andersen, Vice President, brings more than 45 years of combined industry experience to Baird. They are joined by Registered Client Relationship Associate Sandra Padilla.

“We are very excited Rich, Eric and Sandra have decided to continue their careers at Baird,” said Frank Moroni, Managing Director, Branch Manager of Baird’s Chicago office. “Their extensive industry expertise and commitment to exceptional client service make them a great fit for our firm.”

Richard Andersen joins Baird from UBS Financial Services, where he had been since 2006 as a Senior Vice President – Wealth Management. He began his career in 1982 with the former Kidder, Peabody & Co., moving to Paine Webber after it acquired the firm in 1995. Richard holds a bachelor’s degree in marketing from the University of Illinois at Chicago. He lives in Homewood, Ill., with his wife Helen. They have five adult children and seven grandchildren.

Eric Andersen also joins from UBS, where he had been since 2006 as a Vice President – Wealth Management. He began his career in 1998 with RBC Dain Rauscher. Eric holds a bachelor’s degree in psychology from Bradley University. Active in his community, he coaches in and helps run the Flossmoor, Ill., youth baseball league. Eric lives in Flossmoor with his wife Megan and their children Kylie and Carter.

Baird has added more than 300 Financial Advisors and Branch Managers to its Private Wealth Management group since the beginning of 2009, the vast majority of whom are industry veterans. Beyond adding talent, Baird has opened wealth management offices in markets including Lake Norman, N.C.; Sarasota, Fla.; Portland, Maine; Salt Lake City; Houston and Fort Worth, Texas; and Portland, Ore.

About Baird
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 approximately 2,800 associates serving the needs of individual, corporate, institutional and municipal clients. Baird had $105 billion in client assets on June 30, 2013. Committed to being a great place to work, Baird ranked No. 14 on FORTUNE’s 100 Best Companies to Work For in 2013 – its tenth 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 investment banking and private equity operations. For more information, please visit Baird’s website at
For additional information contact:
Nick Herff
Baird Public Relations