Baird is marking a first in Massachussets as it welcomes a veteran advisory team from Janney Montgomery Scott.
In the same announcement Wednesday, the national IBD revealed the addition of another team from Wells Fargo, bolstering its presence in Arizona.
Coming from Janney, the OARS Group previously managed $211 million in client assets, according to Baird's announcement Wednesday afternoon.The team serves a variety of clients in Danvers, Massachussets with a focus on providing customized financial planning and investment strategies.
The Danvers location marks Baird's first wealth management office in the state, complementing its existing capital markets presence in Boston.
The OARS Group includes financial advisors Robert Clark, Alan Freeman, and Brian Glavin, along with senior client specialists Heidi Riley and Lisa Morgan. Clark brings more than 30 years of wealth management experience, while Freeman offers nearly five decades of expertise. Glavin has more than 20 years of industry experience.
Meanwhile in Arizona, the Hittle Morris Group joined Baird’s Scottsdale office after previously managing $240 million in assets at Wells Fargo. The team includes financial advisors Julie Hittle and Jennifer Morris, both of whom bring more than a decade of experience helping clients achieve their financial goals.
Baird's first hires for 2025 build on its recruitment record last year, which included a former B. Riley team that joined in October and a $510 million advisor duo from Edelman who joined Baird earlier that month.
Baird’s Private Wealth Management team includes more than 1,400 advisors nationwide, overseeing client assets exceeding $330 billion as of September 30.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
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The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
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