Print this article

Baird Recruits $383 Million Tennessee-Based Team

Tom Burroughes

10 September 2020

Baird, the US wealth management house, has brought on board Tennessee-based firm The Parker Group. It is based in Columbia in the state.

Formerly with Morgan Stanley, the team includes Stewart J Parker and Drew M.Parker, who will both serve as directors; Clay Buttrey, will serve as vice president, associate financial advisor; and Richard T Law, will serve as financial advisor. 

The team manages more than $383 million in assets under management.

Baird now has 11 private wealth management offices in Tennessee. The firm also has public finance, institutional fixed income and institutional equity research offices in Nashville and Knoxville.

Stewart Parker brings 24 years of industry experience to Baird and holds a bachelor’s degree in communications and business from the University of Tennessee. Drew Parker has 18 years of industry experience and graduated from Auburn University with a bachelor’s degree in political science. 

Buttrey has 21 years of industry experience and holds a bachelor’s degree in mechanical engineering from Tennessee Technological University. Law has four years of industry experience and earned a bachelor’s degree in finance from Freed-Hardeman University.

Baird’s Private Wealth Management business encompasses more than 1,300 financial advisors; it has client assets of more than $215 billion.