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  • Josh Rovner

Why Baird for Investment Banking? / Overview of Baird


Overview


Baird is an American multinational independent middle market investment bank. It offers various other services to retail and institutional clients, including wealth management, research, and sales and trading. It is known as Robert W. Baird & Co outside of the United States.


In 2022, Baird acquired rival wealth manager Hefren-Tillotson. The firm has US$18B under management and operates across six offices in the Pittsburgh area.


Baird Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Baird, you should make sure you know:

  • 1 deal that the investment banking group has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.



Big 3 Qualitative Questions



Selected Transaction


Baird acted as financial advisor to pharmacy automation company Parata on its sale to public medical technology provider Becton, Dickinson and Company (BD). Parata will be integrated into BD's Medication Management Solutions business.

  • Transaction Description: Becton, Dickinson and Company (NYSE:BDX) entered into a definitive agreement to acquire Parata Systems, LLC from Frazier Healthcare Partners.

  • Transaction Value: US$1.5B, all cash

  • Transaction Date: Closed July 2022

  • Press Release


Fact Sheet


Baird Logo


  • Company Name: Baird

  • Description: Baird is an international, employee-owned financial services firm providing investment banking, capital markets, private equity, wealth management, and asset management services to individuals, corporations, institutional investors, and municipalities

  • Bank Category: Middle Market

  • Ticker: Baird is not publicly traded

  • Founded: 1919

  • Employees: 4,700

  • Chief Executive Officer: Steve Booth

  • Headquarters: Milwaukee, USA


Resources


Baird Glassdoor



Baird Salary


Based on the H1B Database, the average base salary for an Investment Banking Analyst at Baird is $75k - $85k. We note that this salary information may be dated and not reflective of their current pay.

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