Baird has appointed Terry Maxwell as a director of corporate development and strategic investment. Maxwell was previously at Baird for 20 years. He will be based in the Chicago office and will also serve on Baird’s Executive Committee.
Employee-owned international financial services firm Baird announced today
that Terry Maxwell, who had previously been at Baird for 20 years, has rejoined the firm as Director of
Corporate Development and Strategic Investment. In this new role at Baird, Maxwell will coordinate the firm’s
efforts to consistently identify, evaluate and implement strategic growth opportunities for all Baird business
units. He will be based in Baird’s Chicago office and will also serve on Baird’s Executive Committee.
“We are excited to welcome Terry back to Baird,” said Paul Purcell, Baird Chairman & CEO. “Given his deep
familiarity with Baird and his vast investment expertise, we know having him in this new role will enhance our
ability to continue Baird’s growth to best serve our clients.”
Baird’s growth initiatives take many forms including recruitment of top talent, alliances and partnerships with
other firms, minority investments and, in certain unique cases, merger or acquisition. Examples of some of
Baird’s strategic investments include a recently announced merger agreement with McAdams Wright Ragen,
formation of Baird’s Fixed Income Institutional High-Yield team in 2013 and an earlier minority investment in
RiverFront Investment Group. In each situation, Baird takes a consistently thorough approach to assessing the
opportunity and determining the best path forward, then carefully tracks and monitors the performance of its
investments to ensure the firm grows in a way that continues its long track record of success.
Maxwell joined Baird in 1986, eventually becoming Head of Investment Banking and a member of Baird’s
Executive Committee and Board of Directors. In 2006 he decided to pursue an academic career and other
interests. For the past eight years, he has taught classes in mergers & acquisitions, corporate finance and
investment banking at the University of Wisconsin–Madison, where he is also a member of the board of
directors of the Center for Advanced Studies in Business. He has also been active as a private investor,
corporate advisor and board member. Maxwell graduated Phi Beta Kappa from the University of Wisconsin-
Madison and received his MBA from Northwestern University’s Kellogg Graduate School of Management.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset
management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than
2,900 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has more
than $100 billion in client assets. Committed to being a great place to work, Baird ranked No. 9 on
FORTUNE’s 100 Best Companies to Work For in 2014 – its 11th consecutive year on the list.