Baird Adds Larry Richardson, Establishes Public Finance Operations in Firm’s Chicago Office
Chicago, Aug. 20, 2018 – Baird an international, employee-owned wealth management, capital markets, private equity and asset management firm, announced today that it has added Larry Richardson as Managing Director in Baird’s Public Finance group. Richardson is based out of Baird’s Chicago office, located at 227 West Monroe Street, formally establishing Baird’s Public Finance office within the city.
Richardson joins Baird from Wells Fargo Securities, where he most recently served as Managing Director and Head of Midwest Public Finance and worked with major State and State Authority issuers across the country specializing in municipal and structured finance deals. In this role, he coordinated over 600 transactions with a par amount in excess of $145 billion, including over $14 billion in senior managed business. Earlier in his career, Richardson served as the Director of Economic Development with the City of St. Louis Economic Development Corporation, and as a Program Coordinator with the Illinois Development Finance Authority. Richardson earned a bachelor’s degree in economics from Swarthmore College in Pennsylvania, and an M.B.A. in finance from the Wharton School at the University of Pennsylvania.
“We are very pleased that Larry has decided to continue his career at Baird,” said Brian Brewer, Director of Baird’s Public Finance group. “Through his extensive banking expertise, Larry has built successful relationships with his clients working on a variety of high-profile municipal projects throughout the country. He will be a tremendous asset as we continue to grow and strengthen our public finance presence nationally.”
Baird Public Finance continues to grow through strategic recruitment efforts nationally. Richardson is the second senior hire joining Baird in recent months. Managing Director Paul Rebholz, a veteran banker based in Minneapolis/St. Paul, Minn., also joined Baird in August. Late last year, Baird added two senior level bankers and a support banker in Texas. To date, Baird has more than 70 professionals located in 15 offices across the country.
Richardson added: “It’s an exciting time to join Baird. Baird’s Public Finance business is well-respected throughout the industry, and I look forward to joining this hardworking team as we continue to focus on providing the best possible client service nationally.”
For more information on Baird Public Finance, please visit www.rwbaird.com/publicfinance.
About Baird Public Finance
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. In 2017, Baird served as the underwriter, placement agent or advisor on more than 1,100 municipal issues totaling nearly $21.3 billion. According to Ipreo MuniAnalytics, Baird ranked as the No. 1 municipal underwriter by number of issues in the first half of 2018. Specific to the Midwest, Baird ranks No. 1 in several categories in the first half of 2018 including overall based on number of issues and by par amount for issues $100 million or less. 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 approximately 3,500 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $203 billion in client assets as of Dec. 31, 2017. 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 website at www.rwbaird.com.
For additional information contact:
Baird Public Relations