Baird adds $610 million by recruiting teams from Wells Fargo, Morgan Stanley
Addition of three veteran advisers brings Baird's 2018 recruiting count to 40.
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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