MILWAUKEE, Oct. 2, 2017 – Baird, an employee-owned, international capital markets, wealth management, private equity and asset management firm, today announced that its Public Finance business has opened a San Antonio office and added veteran banker James Stewart, Managing Director, and support banker Marisol Warneke, Senior Vice President.
Stewart joins Baird from Stifel Nicolaus where he most recently served as a Managing Director in the firm’s public finance group. Earlier in his career, Stewart held roles at Hutchinson, Shockey, Erley & Co., Raymond James and Banc of America Securities. Stewart also served as a school superintendent for 13 years with multiple Texas Independent School Districts (ISDs) and has extensive experience with Texas ISD financings, including the management of school debt and the marketing process of school bonds. He earned a bachelor’s degree from Texas State University and a master’s degree from Lamar University, and is a regular guest lecturer at regional universities.
Warneke also joins Baird from Stifel Nicolaus where she most recently served as Vice President in the firm’s public finance group. She brings more than 15 years of public finance experience providing banking support to municipal entities across Texas.
With a combined 45 years of experience working with ISDs, Stewart and Warneke’s expertise will further enhance Baird’s service offerings to municipal issuers in Texas, complementing our established public finance teams in the state. Since 2012, Baird ranked No. 1 among underwriters for Texas ISDs based on number of competitive issues according to Ipreo MuniAnalytics.
“We are thrilled to add talented professionals like Jim and Marisol to the Baird family,” said Keith Kolb, Director of Baird’s Public Finance group. “Baird has achieved some great successes in Texas on behalf of our clients. Adding these seasoned professionals will allow us to continue our momentum in the market and expand the firm’s footprint and service offerings in the state.”
“I am excited to help grow Baird’s Public Finance business in Texas,” said Stewart. “Baird’s client-first culture, underwriting capabilities and resources are a perfect fit for our team and will add value to our service to Texas ISDs.”
Baird has been committed to strengthening the firm’s presence in Texas. Stewart and Warneke join an established Municipal Utility District (MUD) and Special District advisory team in Houston. In addition, Baird has three offices in Houston and offices in Lake Jackson, Dallas, Fort Worth that offer fixed income institutional sales, private wealth management, and equity research in the region. Today, Baird employs 122 associates throughout the state.
About Baird's Public Finance Group
Baird is a full-service broker-dealer firm that provides municipal underwriting and financial advisory services to K-12/ISD Education, Charter Schools, Municipalities, Counties, Special Districts and Authorities, States, Developers, Higher Education and Healthcare entities. Year to date in 2017, Baird served as the underwriter, placement agent or advisor on more than 900 municipal issues totaling nearly $16.7 billion. For the first half of 2017, according to Ipreo MuniAnalytics, Baird ranked as the No. 1 municipal underwriter by number of issues. In addition, Baird ranked No. 2 for issues $50 million or less based on par amount and ranked in the Top 10 among financial advisory firms based on number of issues nationally. Since 2009, Baird has provided services to municipal issuers in all 50 states.
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.
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