Baird Announces Strategic Investment in Strategas

Partnership Significantly Enhances Baird’s Capabilities


MILWAUKEE, October 31, 2017
Baird announced today that it has signed a definitive agreement to have Strategas, an independent private partnership focused on macro research, become a wholly-owned, Baird company.  Strategas will operate independently from Baird. 

Strategas was founded in 2006 by Managing Partner and Chief Investment Strategist Jason DeSena Trennert, Partner and Head of Quantitative Research Nicholas Bohnsack, and Partner and Chief Economist Donald Rissmiller.  With an impressive track record of growth, the firm has more than 600 institutional clients including mutual funds, investment advisors, hedge funds, pensions, endowments, family offices and trust companies.

Based in New York and with offices in Washington, DC and Columbus, Ohio, Strategas provides comprehensive macro sector insights including research in the areas of Investment Strategy, Economics, Government Policy, Quantitative, Technical Analysis, Fixed Income and Industry Surveys. Strategas’ senior analysts are thought leaders in their fields, often quoted in domestic and foreign media and frequent contributors on CNBC, Bloomberg and Fox Business.

“We’ve known the firm founders for many years and have found Strategas’ people, approach to its business, focus on the client, and team-oriented culture to be very consistent with Baird’s,” said Steven G. Booth, Baird President & Chief Executive Officer. “Their unique positioning, strong reputation and steady success are similar to Baird’s and having Strategas become part of Baird will accelerate opportunities for both organizations.”

“By partnering with Baird, we envision numerous ways to better serve our existing clients and to continue to grow our business,” said Jason DeSena Trennert, Managing Partner and Chief Investment Strategist, Strategas. “Baird’s reach, strong brand and client relationships, complementary offerings and additional support capabilities will be significant assets in our continued growth and success.”

Because the transaction involves two strong and growing companies in complementary businesses, Strategas will operate independently under its current name as an operating company within Baird, enabling the firm to stay focused on its clients and business.

About Strategas
Strategas is a global institutional brokerage and advisory firm that provides macro research, capital market and corporate advisory services, and financial products to institutional investors and corporate executives in more than twenty countries around the world. Strategas undertakes securities business through Strategas Securities, LLC. The firm develops managed strategies for family offices and ultra & high net worth advisors through Strategas Asset Management, LLC.

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 3,400 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $171 billion in client assets. Committed to being a great place to work, Baird ranked No. 4 on FORTUNE’s 100 Best Companies to Work For in 2017 – its 14th consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated 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 Web site at www.rwbaird.com.

For additional information, contact:
Baird Public Relations
(414) 765-7250