Baird Research Honored In Financial Times World’s Top Analysts

Bellamy ranked No. 2 overall stock picker, six others recognized as best equity analysts

MILWAUKEE, May 25, 2011

Equity Research analysts at Baird were again recognized among the best in the United States in the Tenth Annual StarMine awards, published in the Financial Times newspaper on May 25. Baird research analysts received seven awards, including one analyst ranked as the No. 2 overall stock picker in the United States.

“This prestigious recognition reflects Baird’s focus on fundamental research and underscores the emphasis we place on quality and objectivity,” said Bob Venable, Baird’s Director of Research.

StarMine is the most recognized firm in the industry for tracking earnings accuracy and stock picking results. The awards recognize the top 10 stock pickers and earnings estimators overall, top three stock pickers in 69 industries and the top three earnings estimators in 69 industries, based on an analysis of 2010 data.

Analyst Ethan Bellamy, who joined Baird in September 2010 and covers Master Limited Partnerships, was ranked the No. 2 overall stock picker in the United States with his picks in Oil, Gas & Consumable Fuels.

Baird analysts recognized among the top three in their industries for their stock-picking skill were:
• Eric Coldwell – Healthcare Providers & Services
• Lawrence Neibor – Healthcare Equipment & Supplies

Recognized among the top three in their industries for their accuracy in estimating earnings were:
• Daniel Leben – Professional Services
• David Loeb – Real Estate Investment Trusts (REITs)
• David Manthey – Trading Companies & Distributors
• Ghansham Panjabi – Containers & Packaging

About Baird’s Equity Research Group
Baird’s Research Department consists of approximately 110 research professionals covering more than 600 U.S. companies. Baird analysts have been represented in the StarMine awards since their inception in 2001.

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