Baird's Mid Cap Growth Strategy was honored as the Envestnet Asset Manager of the Year for the Mid Cap asset class at the recent Envestnet Awards Ceremony in Austin, TX. This is the second consecutive year the strategy has been recognized in this category.

From more than 70 candidates, the Baird Mid-Cap Growth strategy won the Asset Manager Award for its stellar performance in 2018. As Envestnet analysts explain, "Although each manager has favorable characteristics in regard to their process, team and firm, we believe that the Baird Mid-Cap Growth strategy did a superior job in navigating the choppy waters of 2018."

(excerpt from article, June 27, 2019)

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The Envestnet Awards program recognizes the top active managers in several asset categories for their outperformance and consistency. In selecting the award winners, Envestnet considered a broad spectrum of qualitative and quantitative criteria, including investment process and style, performance, firm culture and client service.

"Our team is humbled and gratified to receive this repeat recognition from Envestnet," said Chuck Severson, Senior Portfolio Manager of the Baird Mid Cap Growth Strategy. "We view this recognition as a testament to our team’s rigorous investment process and longstanding focus on helping our clients achieve their goals."

The Baird Mid Cap Growth Strategy, which celebrated its 25th anniversary last year, is managed by a six-person team with deep experience researching mid-cap companies. The team seeks to construct a concentrated portfolio of 50-60 high-quality names that they believe have clear advantages—more profitable, faster growing and better financed than their peers. In its 25-year history, the Baird Mid Cap Growth Strategy has outperformed in broad based up-market years and has had particularly strong relative performance in more challenging market environments.

Past performance is no guarantee of future results. All investments carry some level of risk, including loss of principal.

Investors should consider the investment objectives, risks, charges and expenses before investing. For additional important information about the fees, expenses, risks and terms of investment advisory accounts at Baird, please review Baird’s Form ADV Brochure, which can be obtained from your financial advisor and should be read carefully before opening an investment advisory account. You may also visit

The Envestnet 2019 Asset Manager award is for the Mid Cap Growth category. The name of the awards, previously known as the Separately Managed Account (SMA) Manager and Strategist of the Year Awards, was changed in 2018 to better reflect the scope of the asset management industry and allow for the inclusion of more categories. As in previous years, the award winners and finalists were selected using Envestnet | PMC’s multi-factor, proprietary, and systematic methodology for evaluating managers. This framework considers a broad spectrum of qualitative and quantitative criteria, including investment process and style, performance, firm profile, customer service, and tax efficiency.