Baird FICM trading floor
32
Offices

Baird serves clients from 32 offices across the United States, enabling us to provide both national coverage and regional insight.

Baird associte FICM

222 Professionals

Our teams have grown 28% over the past five years.

Baird FICM Team Breakdown Chart
Baird FICM meeting

FIXED INCOME CAPITAL MARKETS

Imagine a partner who shares your vision for the future.

Fixed Income Sales & Trading

2016 was a year of meaningful growth for Fixed Income Sales & Trading. While many of our competitors continue to downsize their fixed income offerings, Baird continues to invest in talent, capabilities and product specialization. Our 165 sales, trading and analytics professionals serve institutional clients from 26 offices across the United States. They maintain frequent dialogue with clients to deliver the trading support, analytics and consistent portfolio analysis investors need to navigate today's evolving markets.

No.
1

Municipal Underwriter

Baird has ranked as the No. 1 municipal underwriter in the U.S. for eight consecutive years.1

We have added seasoned talent to our sales and trading platform in recent years, and their expertise and client focus are a key driver behind our strong results. We welcomed a 19-person investment-grade corporate debt team in 2015 and have continued to make strategic additions to the platform. In 2016, we made significant investments in our securitized products platform to further deepen the specialized sales, trading and analytical expertise we provide to clients.

Our 31-person municipal sales, trading and underwriting team priced 939 issues in 2016 totaling $11.3 billion in bonds. This strong activity contributed to Baird's ranking as the No. 5 competitive underwriter in the United States and No. 1 underwriter by number of issues priced, according to Thomson Reuters.

1 Based on the number of issues, according to Ipreo MuniAnalytics.


Public Finance

Baird's Public Finance business posted strong results in 2016, nearly matching 2015's record revenues and transaction levels. This activity contributed to Baird's ranking as the No. 1 municipal underwriter in the United States for issues of $100 million or less, based on number of issues, according to Ipreo MuniAnalytics. Baird has served issuers in all 50 states during the past five years.

Our team of 57 bankers, analysts and professionals serves clients from 10 offices across the United States, delivering localized sector expertise in Education, Economic Development and Healthcare. Our Houston-based team, which joined us in 2015 and specializes in municipal utility districts, special districts and water authorities, posted a successful first full year at Baird. Additionally, we continue to be a leading underwriter of education bonds in the United States, and our Education and School Business Solutions practices continue to grow. This strong momentum encouraged clients to continue to select Baird to serve in integral leadership roles in local and state-level financings. In 2016, we served as lead financial advisor to the Wisconsin Center District on its successful bond issue to finance a new arena for the Milwaukee Bucks.