Baird expanded its wealth management business Tuesday by recruiting new advisers overseeing a total of $450 million in client assets to two of its new offices.
Four advisers joined its Fort Worth, Texas, office, which opened last August, bringing the total there to 14.
The new advisers are teammates Harold Ryan, W. Clay Ryan, and registered client relationship associate Casie Scheffler.
Also joining the Fort Worth office is Wes Oliver. All four come from Wells Fargo and its predecessor firms Wachovia and A.G. Edwards.
Baird also recruited Andrew Barnett and Carolyn Leith in Raleigh, N.C. That office opened last May. Barnett also came from Wells Fargo and the former firms Wachovia and A.G. Edwards. Leith came from Morgan Stanley Smith Barney.
Baird has been in expansion mode recently.
In just over two years, it has added 182 advisers and branch managers. And it plans to hire an additional 150 advisers over the next few years with a particular focus on the western U.S. Less than a week ago, it announced the hire of Dean Cottle to head a new Salt Lake City wealth management office.