Robert W. Baird & Company
From Wikipedia, the free encyclopedia
Robert W. Baird & Company, Incorporated is the principal U.S. operating subsidiary of Baird Holding, Inc. Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm, with offices in the United States, United Kingdom, Germany, and China. Baird serves individuals, corporations, institutional investors and municipalities as financial advisor, asset manager, investment banker and specialists in equity research, private equity and public finance. Baird’s principal operating subsidiary in Europe is Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia, supporting Baird's U.S. private equity operations.
History Founded in 1919 and headquartered in Milwaukee, Wisconsin
Robert W Baird & Co. has been a member of the New York Stock Exchange since 1948. Robert W. Baird Ltd. is a member of The London Stock Exchange.
Baird is employee-owned and fully independent.
Based on capital, underwriting and M&A advisory activity, and the number of Financial Advisors and branch offices, Baird is one of the U.S.’s largest securities firms headquartered outside New York.
Baird Holding Company’s total capital was $475 million as of December 31, 2004. The regulatory net capital of Robert W. Baird & Co. was $240 million and its regulatory excess net capital was $230 million at the end of 2004.
Th company has 2,300 associates in the U.S. and Europe, and in 2005 was included, for the second consecutive year, in Fortune magazine’s annual list of “100 Best Companies to Work For.”
The company makes markets in 475 stocks in the U.S. and Europe, and in 2004 traded 2.8 billion shares of U.S. stock and $25.3 billion of bonds for individual and institutional clients.
In Private Equity the company raised and managed $1.2 billion globally. Through its Private Client Group and asset management services, Baird had $56 billion in assets in client accounts as of December 31, 2004.
Senior Executives Paul E. Purcell, President & Chief Executive Officer, and G. Frederick Kasten, Jr., Chairman
