Robert W. Baird & Co. has expanded its wealth management force in Texas with the hiring of two teams from Morgan Stanley Smith Barney and Wells Fargo Advisors overseeing $343 million in client assets.
Together, the teams have six wealth management professionals, including four financial advisors.
In Dallas, the Grant Halliday Group, which oversaw $152 million in client assets, joins from Morgan Stanley Smith Barney. That team includes financial advisors Neil E. Grant and Luke Halliday, as well as registered client relationship associate Charu Dayal.
All three team members have been registered with Baird since Dec. 9, according to their public registration records with the Financial Industry Regulatory Authority. Grant worked for Morgan Stanley for 14 years, his FINRA records show, while Halliday had been with Morgan Stanley for about four years following a one-year stint at TD Ameritrade. Dayal served at Morgan Stanley for about four years.
In Fort Worth, Texas, the HG Group, which oversaw $191 million in client assets, joins from Wells Fargo Advisors. That team includes financial advisors George Gamez and Jim Hazel, who both serve as vice president, and registered client relationship associate Michell Barber.
The three-member team has been registered with Baird since Nov. 2, according to their public registration records with FINRA. Gamez had been with Wells Fargo since 2008 and predecessor firm A.G. Edwards before that since 2000, his FINRA records show. Hazel spent almost four years at Wells Fargo following 19 years at A.G. Edwards. Barber also spent about four years at Wells Fargo, and served for about six years at A.G. Edwards prior to that.
Lorie Konish writes for On Wall Street.