MILWAUKEE, July 10, 2017 – Baird, an employee-owned international wealth management, capital markets, asset management and private equity firm, today announced that Timothy M. Steffen, CPA/PFS, CFP®, CPWA®, Director, has been promoted to the newly created role of Director of Advanced Planning for Baird’s Private Wealth Management business. In a related development, Scott M. Grenier, CFP®, AEP®, Senior Vice President, has been promoted to Manager of Financial and Estate Planning.
In his new role, Steffen will focus on educating Baird’s network of more than 875 financial advisors and clients about increasingly sophisticated wealth management planning strategies from financial and estate planning to retirement to insurance planning and beyond. Grenier now oversees Baird’s team of financial and estate planners across the U.S.
“Baird’s Private Wealth Management business continues to grow and evolve at a rapid pace, and our commitment to providing the best financial advice and service continues to set us apart. Now more than ever, our high-net-worth clients are looking to us to help them filter through the noise and deliver customized advice they can trust,” said Mike Schroeder, President of Baird’s Private Wealth Management group.
“The creation of a Director of Advanced Planning role capitalizes on the strength of Baird’s team of in-house experts who have a specialized focus on financial and estate planning, and work closely with our financial advisors,” said Laura Thurow, Director of the Wealth Solutions Group at Baird. “Refining the team’s structure positions us to do an even better job of helping our clients plan for and meet their goals. Both Tim and Scott are highly regarded within the industry and by their peers for their deep knowledge and ability to make complex topics easier to understand. They are tremendous assets to Baird and to our clients.”
Steffen joined Baird in 1999 and has held the role of Director of Financial Planning since 2011. Prior to joining Baird, he was a tax and financial planning specialist with Arthur Anderson’s Private Client Services group. He is a member of the American and Wisconsin Institutes of CPAs, Investment Management Consultants Association and Financial Planning Association. He regularly shares his perspective on a wide range of financial planning topics with media, and offers tax and financial planning tips and insights on Twitter @TimSteffenCPA.
Grenier joined Baird in 2010 as a Senior Estate Planner and has more than 15 years of financial and estate planning experience. Previously he was a Vice President and Relationship Manager with Clearly Gull, a role in which he advised clients on financial and estate planning solutions, as well as portfolio management and asset allocation. He is a general member and former board president of the Milwaukee Estate Planning Forum, as well as a general member of the Society of Financial Service Professionals, Financial Planning Association and National Association of Estate Planners and Councils.
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. 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.
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Baird Public Relations
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM and CFP® in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. Investment Management Consultants Association is the owner of the certification mark “CPWA®,” the service marks “Certified Private Wealth Advisor®,” “Investment Management Consultants Association®,” and “IMCA®.” Use of CPWA® or Certified Private Wealth Advisor® signifies that the user has successfully completed IMCA’s initial and ongoing credentialing requirements for investment management consultants.