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Deals Of The Day: The Latest In Wealth Management M&A – Baird, Reinhart

Editorial Staff

26 September 2025

Baird, Reinhart
Baird Financial Corporation, parent of Baird, has made a “significant minority” investment into Reinhart Partners, an investment management firm. 

Baird said this investment is part of its “strategy of making long-term minority investments in independent financial services firms where Baird can provide unique solutions and benefits to the firm’s stakeholders.”

Reinhart will remain an independent, employee-owned investment manager upon closing. Founder, chairman and CEO Jim Reinhart will retain a “meaningful minority interest” and continue as an active board member.

The transaction is expected to close in the fourth quarter, subject to customary approvals.