People Moves

Another Advisor Group Joins Baird

Eliane Chavagnon Reporter 27 February 2013

Another Advisor Group Joins Baird

Baird has recruited an advisor group with $145 million in assets under management based in Portland, ME.

The addition of The Glenn Group - comprised of vice president Robert Glenn and Chad Schauman - follows yesterday’s news that the firm has brought in The Lipe Group to expand its wealth management practice in North Carolina.

The Lipe Group is made up of father-son team Joseph Lipe and John Lipe, based in Charlotte, while Baird also added Kevin Phillips, who operates from a new wealth management office in Lake Norman, NC.

The Lipe Group has $250 million in AuM; Phillips has $105 million.

Baird, an employee-owned firm, has added more than 250 advisors and branch managers since the start of 2009, as well as opening in the new markets of Portland, ME, Salt Lake City, UT, Fort Worth, TX, and Portland, OR.

At the end of last year it had some $99 billion in client assets.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes