Municipal Platform Continues Expansion with Texas Public School Executive

MILWAUKEE, Feb. 5, 2020Baird, an employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm, announced today that it has added David Rastellini as Senior Vice President to its Public Finance business. Rastellini is based in Baird’s San Antonio office, located at 227 N. Loop 1604 E.

Rastellini joins from the Northside Independent School District (NISD), where he most recently served as deputy superintendent of business and finance. He previously served as assistant superintendent of budget and finance and director of accounting for NISD. Rastellini has more than 35 years of experience managing school business and operations, and has held numerous leadership roles within the Dallas, Waco, New Braunfels, Austin and San Angelo ISDs. As a certified public accountant, Rastellini has also been involved with many professional organizations, including the Texas Association of School Business Officials and the Texas Society of Certified Public Accountants. He earned a bachelor’s degree from Texas Tech University and a master’s degree from Texas A&M University in Commerce.

“We are excited to expand our expertise in Texas public schools by adding a talented professional like David to our team,” said Brian Brewer, Director of Baird Public Finance. “Baird has achieved some great successes in Texas on behalf of our clients. David’s expertise will be a tremendous complement to our team and will allow us to further enhance our service offerings across Texas and nationally.” 

Rastellini joins a respected team of banking professionals focused on supporting Texas public schools and their students through bond issuance assistance and supportive partnerships. In 2019, Baird ranked as the No. 1 senior managing underwriter for Texas school districts based on number of combined competitive and negotiated issues according to Ipreo MuniAnalytics.

Baird has been committed to growing its presence in Texas since opening the first office in 1985. Over the past five years, Baird Public Finance has added 18 professionals across Dallas, Houston and San Antonio that offer specialized expertise in school district financing and complement the Houston institutional sales office. Today, the firm has more than 135 associates and offices in Abilene, Dallas, Fort Worth, Houston, Lake Jackson and San Antonio.

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. According to Ipreo MuniAnalytics, Baird ranked as the No. 1 municipal underwriter by number of issues for the 11th consecutive year in 2019. In 2019, Baird ranked as the No. 11 municipal underwriter overall and No. 2 for issues $100 million or less by par amount. Since 2009, Baird has provided services to municipal issuers in all 50 states as well as Washington, D.C.

About Baird

Putting clients first since 1919, Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets, and private equity firm with offices in the United States, Europe and Asia. Baird has approximately 4,500 associates serving the needs of individual, corporate, institutional and municipal clients and $285 billion in client assets as of June 30, 2019. Committed to being a great workplace, Baird ranked No. 16 on FORTUNE’s 2019 100 Best Companies to Work For 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

For additional information contact:

Baird Public Relations
(414) 765-7250