Robert W. Baird has hired Morgan Stanley Smith Barney Complex Director Steven W. Stroker and also made five internal promotions within its private wealth management team.

Stroker joins Baird as a regional director in Chicago, where he will oversee Baird’s wealth management offices in Indiana, Ohio, Michigan and most of Illinois. In his former position at Morgan Stanley Smith Barney, Stroker led 10 branch offices including more than 220 financial advisors and $17 billion in client assets. Stroker started his career at Smith Barney as a financial consultant in 1983.

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