The group has added more advisors in different parts of the US.

US-based wealth management firm Baird has added a group to its business in Abilene, Texas, and brought in a senior financial officer to join its business in Indianapolis.

Joining the Abilene business is the Galbraith Group, including financial advisors Gerald A Galbraith and Cathie G Coleman, CFP®, both managing directors. The team oversees $220 million in assets and generates more than $1.5 million in annual production.

Kris Callaway, MD, joins the Indianapolis business and she oversees more than $390 million in assets and generates nearly $4 million in annual production.

The firm has added 40 financial advisors to its private wealth management group since the beginning of 2018. New recruits have come to offices in Abilene, Texas; Tucson, Arizona; Durango, Colorado; Elgin, Illinois; Ann Arbor, Michigan; Anchorage, Alaska; and Toledo, Ohio. Among recent moves, see here.

Separately, M Griffith Investment Services, an investment firm based in central New York, became a wholly-owned subsidiary of Baird earlier this month.

The private wealth management business covers about 890 financial advisors serving clients through 98 locations in 30 states, and has client assets of $136 billion.