MILWAUKEE, May 27, 2014 – Employee-owned international financial services firm Baird announced today that Terry Maxwell, who had previously been at Baird for 20 years, has rejoined the firm as Director of Corporate Development and Strategic Investment. In this new role at Baird, Maxwell will coordinate the firm’s efforts to consistently identify, evaluate and implement strategic growth opportunities for all Baird business units. He will be based in Baird’s Chicago office and will also serve on Baird’s Executive Committee.
“We are excited to welcome Terry back to Baird,” said Paul Purcell, Baird Chairman & CEO. “Given his deep familiarity with Baird and his vast investment expertise, we know having him in this new role will enhance our ability to continue Baird’s growth to best serve our clients.”
Baird’s growth initiatives take many forms including recruitment of top talent, alliances and partnerships with other firms, minority investments and, in certain unique cases, merger or acquisition. Examples of some of Baird’s strategic investments include a recently announced merger agreement with McAdams Wright Ragen, formation of Baird’s Fixed Income Institutional High-Yield team in 2013 and an earlier minority investment in RiverFront Investment Group. In each situation, Baird takes a consistently thorough approach to assessing the opportunity and determining the best path forward, then carefully tracks and monitors the performance of its investments to ensure the firm grows in a way that continues its long track record of success.
Maxwell joined Baird in 1986, eventually becoming Head of Investment Banking and a member of Baird’s Executive Committee and Board of Directors. In 2006 he decided to pursue an academic career and other interests. For the past eight years, he has taught classes in mergers & acquisitions, corporate finance and investment banking at the University of Wisconsin–Madison, where he is also a member of the board of directors of the Center for Advanced Studies in Business. He has also been active as a private investor, corporate advisor and board member. Maxwell graduated Phi Beta Kappa from the University of Wisconsin-Madison and received his MBA from Northwestern University’s Kellogg Graduate School of Management.
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 2,900 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has more than $100 billion in client assets. Committed to being a great place to work, Baird ranked No. 9 on FORTUNE’s 100 Best Companies to Work For in 2014 – its 11th 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 investment banking and private equity operations. For more information, please visit Baird’s Web site at rwbaird.com.
For additional information, contact:
Angela Pittman Taylor
Baird Public Relations