MILWAUKEE, March 1, 2018 –Baird is making an additional investment of more than $5 million in its associates and in the communities in which it operates as a result of tax reforms signed into law last year. The international, employee-owned financial services firm announced the investment, which will be in the form a one-time benefit for all of its more than 3,500 global associates, during an All Associate meeting Wednesday. Baird leaders will receive the benefit in the form of a $1,500 donation to the charity of their choice, which could amount to an additional $1.2 million being contributed to the community in 2018. All other full-time and part-time benefit-eligible associates will receive a $1,500 one-time cash bonus. Other part-time associates and long-term interns will receive a bonus of $500.
"Our associates are our greatest asset and supporting the communities in which we live and work is obviously critical to our ongoing success," said Steve Booth, Baird President & CEO. "We are pleased to provide additional opportunities to invest in our associates and our communities as a result of federal tax reform."
Learn more about Baird’s efforts to give back in the communities in which it operates the 2016 Baird Foundation Annual Report.
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 nearly 3,500 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $200 billion in client assets. Committed to being a great place to work, Baird ranked No. 12 on Fortune’s 100 Best Companies to Work For in 2018 – its 15th 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 rwbaird.com.
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