Baird Private Wealth Management Adds Stroker, Enhances Leadership to Support Continued Growth

MILWAUKEE, May 10, 2011
 
Baird, an employee-owned international wealth management, capital markets, asset management and private equity firm, today announced that Steven W. Stroker, a 28-year industry veteran and former Complex Manager for Morgan Stanley Smith Barney, has joined the firm as a Regional Director. The firm also announced several other enhancements to its Private Wealth Management leadership team – all designed to support the continued growth of the business.

Based from Baird’s Chicago office, Stroker, Managing Director, will serve as a Regional Director, overseeing Baird’s wealth management offices in the Central Region, which includes Indiana, Michigan, Ohio, and most of Illinois. At Morgan Stanley Smith Barney, Stroker oversaw more than 220 financial advisors in 10 branch offices managing $17 billion in client assets. His career in the financial service industry spans nearly 30 years, all with Smith Barney where he started as a financial consultant in 1983 and went on to hold a variety of management roles including Regional Director of Smith Barney’s North Central region.

“We are very pleased to welcome Steve to Baird,” said Michael J. Schroeder, President of Baird’s Private Wealth Management group. “His significant industry experience and high integrity will make him an excellent addition to our Private Wealth Management leadership team, and an asset to the branch managers and
financial advisors whom he will support.”

Baird Private Wealth Management has made some additional changes including:
  • John Mabee, Managing Director, has been named Vice Chairman of Private Wealth Management, a role in which he will focus on recruiting and retaining the best advisors in the industry, as well as identifying new growth opportunities for the business. Mabee, who joined the firm in 1994, has worked in the industry for 32 years, serving as a Baird financial advisor, branch manager, and most recently, regional director.
     
  • Matthew S. Curley, Managing Director, has been named National Sales Director, Chief Operating Officer, a role in which he will ensure financial advisors have the tools, training and support they need to grow their business. He was previously a Regional Director for Baird. Curley initially started his more than 20-year industry career as a financial advisor at Baird. After 13 years at Smith Barney, he rejoined Baird in 2006 as Chicago Market Manager. 
     
  • William (Bill) T. Johnson, Senior Vice President, has been promoted to Regional Director. Johnson will oversee the Eastern Region, which includes offices in Florida, Georgia, Maryland, North Carolina, South Carolina, Pennsylvania, Tennessee, and Virginia. He will transition his previous role managing Baird’s Lynchburg, Va. wealth management office to Paul McWane, Senior Vice President, Senior Investment Consultant. Bill is a veteran leader with nearly 30 years of industry experience. Prior to joining Baird, Bill spent 19 years with Morgan Stanley Smith Barney as a Branch Manager and later the Complex Manager of the Western Virginia Market.
     
  • Kimberly Thekan has been promoted to Senior Vice President, Talent Acquisition and Integration, a role in which she will help lead the overall strategy for sourcing, recruitment and integration of talent. She joined Baird in 2008 as the Private Wealth Management Business Partner in the firm’s Human Capital department.

 “Baird Private Wealth Management has experienced tremendous growth over the past three years,” Schroeder said. “We have added nearly 250 new advisors and branch managers since the beginning of 2008, opened 18 new branch locations, and now manage more than $66 billion in client assets. The addition of Steve Stroker and promotion of a number of our talented senior leaders will put us in the best position to support future growth, while providing the highest quality support to branch managers and financial advisors in all of our markets. ” 

About Baird Private Wealth Management
Using a consultative approach, Baird’s more than 680 Financial Advisors deliver comprehensive wealth management solutions to clients nationwide. They have the resources to oversee the complete financial picture for high-net-worth families and individuals with complex financial needs. Baird Financial Advisors managed and oversaw more than $66 billion in client assets as of March 31, 2011.

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 more than 2,600 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of nearly $84 billion. Committed to being a great place to work, Baird ranked number 14 on FORTUNE’s “100 Best Companies to Work For” in 2011 – its eighth 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 rwbaird.com.