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.
Plus, a $400 million Commonwealth team departs to launch an independent family-run RIA in the East Bay area.
“I respectfully request that all recruiters for other BDs discontinue their efforts to contact me," writes Thomas Bartholomew.
The collaboration will focus initially on strategies within collective investment trusts in DC plans, with plans to expand to other retirement-focused private investment solutions.
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