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Baird Boosts AuM By $800 Million With Two New Advisor Teams

Eliane Chavagnon

15 May 2013

Baird has appointed two financial advisor teams, with a combined $800 million in assets under management, in Nashville, TN, and Edina, MN.

In Nashville, The Liles Group has about $585 million in AuM and consists of: Malcolm Liles, director and financial advisor; William Liles, financial advisor; and Sherri Minunno, client relationship assistant.

Meanwhile, further north in Edina, The Brennan Group manages about $215 million in assets and is made up of: Gerald Brennan, director and financial advisor; Jim Seidel, financial advisor; and Lynn Kittelson, registered client relationship associate.

In other recent news, last month Baird Private Wealth Management brought in a large Texas advisory team and opened a second office in Houston, as it targets oil and gas wealth in the Lone Star state.

February was also a busy month, as the firm recruited an advisor group with $145 million in AuM based in Portland, ME, as well as bringing in The Lipe Group to expand the firm's wealth management practice in North Carolina.