Robert W. Baird & Co. has added seven new financial advisors to its Private Wealth Management group in the Midwest from Morgan Stanley Smith Barney and Wells Fargo Advisors.
The new hires will work in Ohio, South Dakota and Wisconsin and previously had a total of $420 million in assets under management.
In Cleveland, Baird has hired John Diemer as vice president. Diemer joins from Morgan Stanley Smith Barney, where he had $525,000 in annual fees and commissions and $110 million in assets under management.
In Columbus, Ohio, Baird has added two members of the Schwarz Group, including David Schwarz, who will serve as senior vice president, and Matthew Bruner. They join from Morgan Stanley Smith Barney, where they had $840,000 in annual production and $100 million in assets under management.
In Wisconsin, Baird has hired Phyllis Lovrien in Madison and Jim Ritchay Jr. in Green Bay. Both will serve as vice presidents.
Lovrien joins from Morgan Stanley Smith Barney, where she had $300,000 in annual fees and commissions and $40 million in assets under management. Ritchay also joins from Morgan Stanley Smith Barney, where he had $505,000 in annual production and $100 million in assets under management.
In Sioux Falls, S.D., Baird has added two team members from the Howard Group, including Mary Howard, who will serve as senior vice president, and William Perry. They join from Wells Fargo Advisors, where they had $625,000 in annual fees and commissions and $70 million in assets under management.
