Baird has reported record revenues of $1.1 billion for 2013, up 11% from $961 million in 2012. 

Annual operating income at the Milwaukee-based wealth manager rose as well to $117 billion,  a 17% increase year-to-year and surpassing the firm’s previous record of $105 million, set in 2007. Following the financial crisis, Baird’s operating income dropped to $62 million in 2009, but has since climbed back.

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