Careers in Institutional Equities & Research

As one of FORTUNE’s 100 Best Companies to Work For® since 2004, Baird recruits and retains some of the industry’s most talented professionals as well as top graduates from the nation’s finest universities.

We are committed to providing our associates with a collaborative work environment, professional development, and the opportunity to develop a keen understanding of the industry. The result is a true team culture with extremely low turnover.

We have a variety of openings appropriate to varying levels of experience:

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Research Associate
Research Associates provide comprehensive industry and company coverage for both institutional and individual clients. Research Associates have the opportunity to work with nationally recognized Senior Analysts in a department that has an international reputation for excellence. The quality of Baird's research has helped us become one of the largest full-service investment banking firms outside New York. 

Research Associates are fully participating members of an active research team. They assist Senior Analysts in a number of ways, including:

  • Writing industry- and company-specific research
  • Developing and maintaining financial models for companies under coverage
  • Assisting in the development of relationships with the senior management team of the companies we cover
  • Participating in company-sponsored conferences
  • Communication with the institutional sales force and clients

We look for the following qualities in candidates joining our research team: 

  • Integrity, teamwork and a strong work ethic
  • Excellent analytical, written and verbal communication skills
  • An MBA and three to five years of work experience (investment or industry experience preferred)
  • A desire to pursue the Chartered Financial Analyst (CFA) designation
  • A willingness to travel
  • Advanced computer skills using Word and Excel

Research Analyst
Baird typically hires recent college graduates for Research Analyst positions. Our team approach to research enables analysts to continually interact with professionals throughout the firm. Baird prides itself on the fact that, early in their careers, Analysts begin working closely with both Baird’s Senior Research Analysts and senior management teams of the companies Baird covers. 

Our Analysts play an integral role in the research process, supplying invaluable research support, including:

  • Quantitative and analytical support to industry- and company-specific research
  • Assistance in the preparation of financial models for companies under coverage
  • Participation in the development of relationships with senior management
  • Communication with Baird’s institutional sales force and clients

We look for intelligent, talented people with the following knowledge and skills: 

  • High sense of integrity and a strong work ethic
  • Ability to work within a team and on a self-directed basis
  • Excellent analytical, written and verbal communication skills
  • A bachelor's degree with a minimum 3.5 GPA
  • Advanced computer skills using Word and Excel
Baird offers robust professional development opportunities, including the Baird Scholar program at the University of Chicago. 
 

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Sales Broker
Entry-level Sales Brokers work closely with senior Sales Brokers in a structured team environment, with a primary focus on research distribution to institutional money managers. In this position, associates are exposed to a broad array of research and investment banking products, which are marketed to the investment management, mutual fund, pension fund and hedge fund communities.

Associates are encouraged to accept project and client responsibilities. Following an initial period, Sales Brokers are expected to assume primary responsibility for account coverage.

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Principal Trader
Entry-level Principal Traders work closely with Senior Traders in a fast-paced environment that emphasizes teamwork. Associates are thoroughly trained regarding the function of U.S. equity markets. Traders assigned to the over-the-counter (Principal) desk also learn the intricacies and functionality of Baird's principal trading systems. After an initial period, Principal Traders are expected to assume market-making responsibilities for trading stocks in a specific industry.

Sales Trader
Entry-level Sales Traders at Baird work closely with senior Sales Traders in a fast-paced environment that emphasizes teamwork. Associates are thoroughly trained regarding the function of U.S. equity markets. Those assigned to the sales trading desk will also learn the function of U.S. equity markets, with greater emphasis on day-to-day, fundamental research-driven trading activity.

Sales Traders are generally assigned to work with customers based in a specific geographic region and are expected to buy and sell securities upon customer request. Sales Traders are also expected to form strong relationships with the customer's entire trading staff.

Trading Support/Trade Billing Assistants
Trading Support professionals perform analytical and technical support for Baird's Equity Trading team. This includes daily planning and implementing of FIX network connectivity, troubleshooting and problem resolution, maintenance projects, product evaluation and testing as well as assisting with new system installations and upgrades. Qualified individuals will function well in a team environment, interfacing directly with Equity Sales and Trading professionals, clients, vendors, IT and compliance specialists. 

Trade Billing Assistants perform trade allocations for the Equity Trading team. Qualified individuals will utilize excellent organizational skills in performing duties that include matching, entering and allocating tickets; resolving trade problems; and maintaining accurate records. 


Baird Stories

Learn more about Baird, our culture and our people.

Trust in Others

Trust in Others
Maggie Savage
Equity Research Analyst

Everyone Matters

Everyone Matters
Jeff Elliott
Senior Research Analyst

Great Outcomes

Great Outcomes
Mike Ling
Institutional Investment Officer