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Company Directory - Robert W. Baird & Co.

Company Details - Robert W. Baird & Co.

Robert W. Baird & Co. Logo

Robert W. Baird & Co.

Website

Milwaukee, United States

Robert W. Baird & Co. is a global independent investment and wealth management firm offering a comprehensive range of services, including wealth management, investment banking, asset management, and research advisory services to individuals, institutions, and corporations.

CCI Score

CCI Score: Robert W. Baird & Co.

-4.84

0.01%

Latest Event

Baird Lobbying Registration in Wisconsin

On February 26, 2025, Robert W Baird and Company Inc. registered details related to its lobbying interests in Wisconsin, highlighting its engagement in political processes tied to wealth management and capital markets. The filing indicates an intention to influence economic and regulatory outcomes, although further communication has not yet occurred.

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BYSTANDER

Robert W. Baird & Co. is currently rated as a Bystander.

-1 to -4 CCI Score
Companies scoring here do little to oppose authoritarianism. Their inaction results in a passive endorsement of the status quo, as they neither actively resist oppression nor contribute to overt support for it.

Latest Events

  • Baird Lobbying Registration in Wisconsin Logo
    FEB
    26
    2025

    On February 26, 2025, Robert W Baird and Company Inc. registered details related to its lobbying interests in Wisconsin, highlighting its engagement in political processes tied to wealth management and capital markets. The filing indicates an intention to influence economic and regulatory outcomes, although further communication has not yet occurred.

  • -10

    Political Contributions and Lobbying Efforts

    April 2

    The registration of lobbying activity, particularly relating to financial interests, suggests Baird is engaging in behind‐the-scenes political maneuvering. Such actions can enhance corporate influence over regulatory matters and potentially support authoritarian practices by prioritizing corporate interests over transparent, community-focused policy. The lack of immediate communication further amplifies concerns about hidden political influence.

    Robert W Baird and Company Inc - Lobbying in Wisconsin

  • Robert W. Baird & Co.: No Reported Lobbying in 2024 Election Cycle Logo
    FEB
    19
    2025

    Data from OpenSecrets indicates that Robert W. Baird & Co. did not report any federal lobbying activities during the 2024 election cycle, suggesting a lower risk of engaging in political influence that could support authoritarian practices.

  • +80

    Political Contributions and Lobbying Efforts

    March 22

    According to OpenSecrets, Robert W. Baird & Co. has not engaged in federal lobbying during the 2024 election cycle. This lack of reported political contributions or lobbying activities is a positive indicator from an anti-authoritarian perspective, as it reduces the company's potential complicity in influencing policies that may favor authoritarian interests.

    Robert W Baird & Co Profile: Summary • OpenSecrets

  • Political Contributions Profile of Robert W. Baird & Co. Logo
    FEB
    06
    2025

    An analysis of Robert W. Baird & Co.'s political contributions reveals a mixed contribution profile, with a modest overall support to both Democrats and Republicans. However, the relatively higher average donation to Republican recipients raises concerns over potential complicity in bolstering authoritarian-friendly policies, according to a left-leaning perspective on corporate political influence.

  • -20

    Political Contributions and Lobbying Efforts

    March 22

    The data from OpenSecrets indicates that while Robert W. Baird & Co. maintains a balanced spread of political contributions between Democrats and Republicans, the higher average donation to Republican candidates is troubling from an anti-fascist perspective. This disproportionate support, even if modest in total amount, suggests a willingness to financially engage with political actors who may enable authoritarian tendencies, thereby undermining democratic accountability.

    Robert W Baird & Co Profile: Recipients • OpenSecrets

  • Unionization Efforts Spark Labor Rights Concerns at Robert W. Baird & Co. Logo
    FEB
    11
    2024

    Forum discussions on Wall Street Oasis indicate that Baird may have mistreated an analyst by letting him go during a critical health crisis, prompting unionization efforts among junior bankers. This episode underscores potential systemic issues in the firm’s labor practices and its reluctance to support workers’ rights.

  • -40

    Labor Relations and Human Rights Practices

    March 22

    The article highlights troubling reports where an analyst allegedly was dismissed when he needed surgery. This incident has sparked discussions about poor working conditions and a push towards unionization at Baird, suggesting that the firm may be neglecting the labor rights and human dignity of its employees. Such practices can contribute to an environment that favors authoritarian corporate control over fair and humane labor practices.

    Baird Analysts Unionizing? | Wall Street Oasis

  • Baird Honored for Employee Care and Community Engagement Logo
    JAN
    01
    2024

    Baird was recognized as one of PEOPLE's 100 Companies That Care, ranking No. 23 in 2024. The article highlights the firm’s strong commitment to employee welfare and community engagement, as demonstrated through record volunteer participation during Baird Gives Back Week and a Memorial Day flag planting event.

  • +75

    Labor Relations and Human Rights Practices

    April 2

    Baird’s repeated recognition by PEOPLE magazine and its demonstrated commitment to employee well‐being and community involvement—evidenced by initiatives like Baird Gives Back Week and the Memorial Day flag planting event—reflect progressive labor practices and respect for human rights. This proactive engagement supports a positive work environment and sets an example for ethical business practices.

    Baird Among PEOPLE’s 100 Companies That Care

  • Baird Settles SEC Case Over Electronic Communications Violations Logo
    OCT
    05
    2023

    Baird agreed to pay a $15 million settlement to resolve SEC allegations that the firm failed to maintain and preserve electronic communications, including off-channel communications on personal devices by supervisors and employees. The firm has enhanced its compliance procedures as part of the settlement.

  • -30

    Business Practices and Ethical Responsibility

    April 2

    The SEC settlement highlights significant lapses in Baird’s internal compliance and recordkeeping practices, undermining transparency and accountability. Such failures can weaken regulatory oversight which is essential for safeguarding democratic processes and preventing environments that facilitate unchecked power, indirectly aligning the firm with practices that could erode safeguards against authoritarian tendencies.

    Baird agrees to $15M settlement in SEC electronic communications case - Milwaukee Business Journal

  • SEC Charges Baird for Recordkeeping Failures Logo
    SEP
    29
    2023

    On September 29, 2023, the SEC charged Baird along with other firms for widespread recordkeeping failures. Baird admitted to these violations and agreed to pay a $15 million penalty, while also committing to improve its compliance policies and procedures regarding electronic communications.

  • -60

    Business Practices and Ethical Responsibility

    April 2

    Baird's admission of widespread recordkeeping failures, resulting in a significant $15 million penalty, indicates serious shortcomings in ethical business practices and internal transparency. Such failures contribute to a culture of non-compliance and diminished corporate accountability, which can indirectly enable authoritarian tendencies through lack of oversight and transparency.

    SEC Charges 10 Firms with Widespread Recordkeeping Failures

  • Baird Fined for Overcharging Customers Logo
    DEC
    31
    2020

    FINRA ordered Baird, the employee-owned investment bank, to pay over $416K in fines and restitution for charging excessive commissions on thousands of equity transactions. The violation centered on imposing a minimum $100 commission without adequate supervisory alerts, leading to an unfair pricing structure for customers.

  • -45

    Business Practices and Ethical Responsibility

    April 2

    Baird’s acceptance of FINRA sanctions for overcharging customers by imposing an unfair minimum commission indicates unethical business practices. The firm’s failure to generate proper supervisory alerts and charge commissions proportionate to transaction values shows a breakdown in ethical standards, directly impacting customer trust and financial fairness.

    Baird to Pay $416K for Overcharging Customers on Stock Trades: Finra

  • FINRA Arbitration Penalty Imposed on Robert W. Baird & Co. Logo
    MAY
    11
    2015

    A FINRA arbitration panel imposed a $17.8 million penalty on Robert W. Baird & Co. for alleged misconduct, raising concerns about the firm's business practices and ethical responsibilities.

  • -40

    Business Practices and Ethical Responsibility

    March 22

    The imposition of a $17.8 million penalty by a FINRA arbitration panel indicates significant concerns in the firm's ethical practices and overall business conduct. Such a large-scale penalty suggests deficiencies in internal controls and investor protection, raising broader questions about corporate accountability and potentially contributing to undermining the regulatory framework that helps prevent authoritarian tendencies.

    Finra arbitration panel hits Robert W. Baird & Co. with $17.8 million penalty - Investment News

  • Downey v. Robert W. Baird Co. Incorporated - Labor Rights Dispute Logo
    SEP
    18
    2007

    In a 2007 court case, former employee Rene Downey alleged that Robert W. Baird & Co. violated the Fair Labor Standards Act by not paying overtime wages and bonuses. The dispute raised concerns about the firm’s labor practices, potentially undermining worker rights and contributing to broader patterns of corporate complicity in exploitive practices. The matter was resolved through a court order mandating arbitration, rather than a full judicial reckoning, leaving lingering questions about the company’s commitment to fair labor standards.

  • -40

    Labor Relations and Human Rights Practices

    March 22

    The case highlights serious allegations regarding labor rights violations, with claims of unpaid overtime and bonus disputes under the FLSA. While the ultimate resolution through arbitration avoids a full judicial disclosure of wrongdoing, the event signals potential failings in the company's approach to fair labor practices—a key factor in evaluating corporate complicity in systems that undermine workers' rights and contribute to authoritarian tendencies.

    Downey v. Robert W. Baird Co. Incorporated, Case No. 6:07-cv-1180-Orl-31DAB

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