Baird has broadened its presence in the Southeastern US as a veteran advisor joins its ranks in Virginia.
On Thursday, the firm announced that Darrell Reynard has joined its wealth management arm as director and financial advisor at its Fairfax office.
The office, which opened in January, is part of the firm’s broader strategy to expand its private wealth management operations across the state.
Reynard, who brings over 24 years of experience to the role, according to his BrokerCheck record, previously worked at Edelman Financial Engines, where he managed over $293 million in assets.Prior to Edelman,
Reynard's arrival strengthens Baird’s growing presence in Virginia, which includes offices in Lynchburg and McLean.
“We are thrilled to welcome Darrell to our team,” Jim McGuire, branch manager said in a statement. “Baird is excited to continue to grow our presence in the region and to add a talented professional that shares our deep commitment to the Virginia community.”
Baird’s private wealth management division consists of more than 1,400 financial advisors across the US, with an average of 20 years of industry experience. As of June 30, 2024, the division managed over $310 billion in client assets.
Earlier in the summer, Baird welcomed two other veteran advisors to its ranks, including a Wells Fargo breakaway who managed $185 million in assets in Ohio and a $206 million advisor who switched over from RBC in Minnesota.
The recently rebranded Focus Partners Wealth is growing again, this time with a pending deal for a Fairfax, Virginia advisory firm.
Northern Trust is "absolutely loaded with wealthy clients," one executive said.
Use of digital tools and a longer investment horizon are clear advantages.
Research reveals one type of retirement account is showing strongest growth.
A sort-of double-deal marks Allworth's 42nd acquisition since 2018 as Apella makes its first move in Iowa.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
