Baird added five advisors from Morgan Stanley and two from Wells Fargo over the past seven weeks, the company said Tuesday. The seven new Baird advisors, all based in the Midwest, have combined assets under management of $420 million and total yearly fees and commissions of $2.8 million.
The Morgan Stanley advisors that joined Baird are Matt Bruner and David Schwarz in Columbus, Ohio; Phylliss Lovrien in Madison, Wis., and Jim Ritchay in Green Bay, Wis.
Joining Baird from Wells Fargo Advisors is the team of Mary Howard and William Perry in Sioux Falls, S.D.
Baird says it has added about 200 financial advisors and branch managers to its private wealth-management group since the beginning of 2009. It now has about 700 financial advisors nationwide with more than $65 billion in assets under management.
