The turmoil in the economy over the last few years has sent financial advisors scurrying for greener pastures and Baird has benefited as quality talent has flocked to the firm.

Last week, the employee-owned international wealth management firm announced it hired 30-year veteran William H. Sewell as a senior vice president to open a new wealth management office in Raleigh, N.C. He relocated to Raleigh in 1993, where he was branch manager at Smith Barney. He is the sixth Morgan Stanley Smith Barney branch manager hired by Baird in 2010.

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