Advisers on the Move

Baird adds $610 million by recruiting teams from Wells Fargo, Morgan Stanley

Oct 9, 2018 @ 2:29 pm

By Jeff Benjamin

Baird's private wealth management business has brought on three veteran financial advisers who manage a combined $610 million.

Gerald Galbraith and Cathie Coleman of The Galbraith Group in Abilene, Texas, oversee $220 million in assets and generate more than $1.5 million in annual production.

Mr. Galbraith and Ms. Coleman are joining Baird from Wells Fargo Advisors.

Also joining Baird is Kris Callaway of Indianapolis, who oversees $390 million in assets and generates nearly $4 million in annual production.

Mr. Callaway is joining Baird from Morgan Stanley, where he was a senior vice president, wealth adviser and senior institutional consultant.

Baird's private wealth management business has approximately 890 financial advisers serving clients at 98 locations in 30 states. It has $136 billion in client assets.

Baird has added 40 financial advisers to the group since the start of the year.


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