Municipal Platform Continues Expansion in Texas

HOUSTON, Nov. 2, 2020
Baird, an employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm, announced today that it has added Mark Nitcholas as Managing Director to its Public Finance business. Nitcholas will be based in a new Houston office which is Baird’s fourth public finance location in Texas, located at 1700 Post Oak Boulevard.

Nitcholas joins Baird from Huntington Capital Markets, where he was a stockholder, served as Managing Director and managed the firm’s operations in Texas. Prior to joining Huntington, Nitcholas was the manager of Southwest Public Finance at Banc of America and has also held banking positions at RBC Capital Markets and Morgan Keegan (now Raymond James). Nitcholas brings more than 30 years of public finance experience to Baird and will focus on local and state governments, state agencies and school districts within Texas and the Southwest. Throughout his career, he has served numerous Texas issuers including major cities such as Houston, San Antonio, Austin, Lubbock and Corpus Christi as well as smaller communities such as Kerrville and Round Rock. He has also served major school districts in the Dallas-Fort Worth, Houston, Corpus Christi and Austin-San Antonio metropolitan markets, as well as many smaller school districts throughout the state, and major municipal and state issuers like the San Antonio Water System, the Texas Water Development Board and the Texas Public Finance Authority. Nitcholas currently serves as Chairman for Texas Municipal Advisory Council, as an advisory board member for the Hobby School of Public Affairs at the University of Houston and as a board member on the Endowment Board of Chrysalis Ministries in San Antonio. He has also served on the boards of The Art League of Houston and Project Row Houses. He holds a bachelor’s degree in business administration from University of Texas at Austin and a Master of Science in history from University of North Texas.

“We are thrilled to welcome Mark to Baird’s Public Finance team,” said Brian Brewer, Director of Baird’s Public Finance group. “His expertise and experience truly complement our growing Public Finance presence in this region and will allow us to further enhance our service offerings across Texas and the Southwest.

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 20 professionals and 4 offices across Dallas, Houston and San Antonio to serve Texas municipal issuers and complement the Houston institutional sales office. Baird is currently ranked as the No. 2 advisor to special districts in the state and the No. 3 underwriter based on number of Texas issues overall so far this year, according to Ipreo MuniAnalytics. Today, the firm has more than 130 associates and 12 offices in Abilene, Dallas, Fort Worth, Houston, Lake Jackson and San Antonio.

About Baird’s Public Finance Group

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 4,600 associates serving the needs of individual, corporate, institutional and municipal clients and more than $305 billion in client assets as of December 31, 2019. Committed to being a great workplace, Baird ranked No. 13 on the 2020 Fortune 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