US Wealth Manager Opens New Office, Hires From Wachovia

Tom Burroughes

20 August 2008

US financial services firm Robert W. Baird & Co., which is based in Milwaukee, is to open a Philadelphia office with two wealth management professionals formerly with Wachovia Securities. The firm said it is also opening a Baltimore site, according to media reports.

Brian McGrath will serve as branch manager and E Howard Goodwin as financial advisor. Mr McGrath was previously senior vice president and investment officer for Wachovia Securities. Prior to that, he held several positions including executive vice president and chief operating officer of the New York-based Gabelli Asset Management Company.

Mr Goodwin was previously a managing director for Wachovia Securities. During his career, he has been an investment officer and branch manager.

Baird’s private wealth management business manages more than $54 billion in client assets.