Baird to Pay More Than $650K Over Unnecessary Fees

News March 18, 2025 at 10:20 AM
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What You Need To Know

  • Baird agreed to pay a $100,000 fine for Reg BI and FINRA rule violations.
  • More than 400 brokerage customers were moved into an advisory account and charged unnecessary fees, FINRA says.
  • The customers were already receiving the services through existing accounts.
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