Empowering Public Fund Investors
Baird’s Public Funds Group Offers a Unique Approach
At Baird, we believe in providing public fund investors with not only investment solutions but also with a trusted partner rooted in education, collaboration, and stewardship. Our mission is clear: to share knowledge, build mindshare, and empower our clients to confidently implement investment strategies that align with their core philosophies and obligations.
Our Public Funds Group is dedicated to supporting public entities and corporate cash managers in navigating the complex world of fixed income investing, with a particular emphasis on principal preservation. We proudly serve a diverse range of clients, including cities, counties, joint power authorities, and state government portfolio managers who carry the significant fiduciary responsibility of managing public money.
A Unique Approach to Public Fund Investing
Public fund investors are stewards of taxpayer dollars. They must achieve sound investment returns and also maintain the safety, liquidity, and suitability of their portfolios. Baird’s Public Funds Group is uniquely positioned to aid these investors through a combination of expertise, hands-on education, and a commitment to transparency.
Rather than simply offering products to our clients, we prioritize educating on best practices, providing strategic insights, and helping make informed, independent decisions. Our team of seasoned professionals is deeply experienced in both public sector finance and fixed income markets, offering clients a rare blend of practitioner knowledge and analytical expertise.
Meet the Team
- Kevin Webb, CFA
Kevin has devoted his career to building infrastructure for advanced bond analytics and client-focused portfolio management. His deep understanding of public funds investing complements his frequent speaking engagements at association meetings for treasury and finance officials across the country. - Ben Finkelstein, CFA
A nationally recognized consultant, lecturer, and published author, Ben has spent more than three decades developing specialized training programs for public fund investment professionals. His work has benefited national organizations like the Government Finance Officers Association and the Association of Public Treasurers, as well as local and state entities. Ben is the author of "Politics of Public Fund Investing – How to Modify Wall Street to Fit Main Street," offering practical insights into aligning public sector investments with community-focused values. - David Carr
Dave brings an invaluable practitioner’s perspective, having served the City of Santa Monica (California) for 34 years, including 15 years as Assistant City Treasurer/Assistant Finance Director. Managing a $700 million investment portfolio and overseeing economic forecasting, Dave’s extensive real-world experience strengthens our team’s understanding of public sector challenges and best practices. - John Daniel
John brings over 10 years of experience working exclusively with public fund investors. With a background in both institutional trading and portfolio strategy, he offers a well-rounded perspective on fixed income markets and public sector investment needs. John is committed to helping clients navigate complex financial landscapes with clarity, discipline, and a focus on long-term stewardship.
Partnering for Success
Through deep industry expertise, a collaborative mindset, and a strong commitment to client education, Baird’s Public Funds Group is prepared to serve as a reliable partner to public fund investors. We are passionate about helping our clients fulfill their fiduciary duties with confidence: preserving principal, maintaining liquidity, and earning competitive returns, all while upholding the highest standards of public trust.
At Baird, it is not just about investing; it is about empowering stewards of public money to build stronger, more resilient communities.
The Baird Public Funds Group is pictured above at a Government Investment Officers Association event where Ben Finkelstein was awarded with the organization’s first ever Lifetime Achievement Award.