Non-Discretionary Fee-Based
Baird Advisory Choice is a non-discretionary investment advisory program that allows you to offer sophisticated advice while leaving actual investment decisions to your clients. It provides flexibility through a wide array of investment options, combining your advisory services with all custodial/transaction costs for a single, asset-based fee.
Discretionary Portfolio Management
Private Investment Management (PIM) allows you to act as a portfolio manager with discretion. Individual portfolios are managed primarily based on an Investment Philosophy Statement, which you create with your client to indicate the investment style, characteristics, implementation and ongoing research requirements. PIM offers flexibility in investment options, quarterly fee-based structures and customizable implementation depending on your business model and needs. This program is available to select Financial Advisors with prior portfolio management experience and requires pre-approval.
Separately Managed Accounts
The Baird Recommended Managers program offers rigorous initial and continuing professional due diligence for separately managed accounts by Baird's Advisory Services research team. This program combines sophisticated investment management, access to industry-leading money managers, ongoing analysis, performance reporting and tax flexibility for a quarterly, all-inclusive fee.
Mutual Fund Wrap
ALIGN is Baird's discretionary fee-based mutual fund wrap program that can be implemented with active management (mutual funds), indexed management (exchange-traded funds), or a hybrid approach that uses a combination of both investment vehicles. Baird offers three basic types of portfolios: ALIGN Strategic Portfolios employ asset allocation models based on Baird's own strategic models; ALIGN Tactical Portfolios are built on models managed by Baird's Chief Investment Strategist, Bruce Bittles; and ALIGN Custom Portfolios enable you to select investments from a carefully vetted universe. All versions of this program provide clients with a diversified, sophisticated portfolio management solution and, as an Advisor, you benefit from the talent, dedication and consistent oversight of Baird’s Advisory Services Research team, which carefully monitors portfolios to ensure they stay true to their goals and objectives.
Russell Model Strategies is a discretionary, fee-based mutual fund wrap program that is available through a partnership with Russell Investments, a leading international investment management firm. This program allows your clients access to asset allocation portfolios of Russell funds that are automatically diversified across a selection of asset classes, managers and investment styles. Each Model Strategy carefully emphasizes return potential while attempting to manage risk and provide more consistent returns. There are five Model Strategies that you can choose from to meet your clients’ diversification needs.
Discretionary Managed
Riverfront Portfolios is a discretionary, investment advisory program alternative offered through Riverfront Investment Group. The Riverfront strategies available at Baird include four asset allocation portfolios, three ETF portfolios and two foundation portfolios. Each portfolio may incorporate a range of security types and is selected based on the client's portfolio objectives and risk tolerance. To learn more about Riverfront, the Asset Manager with Glass Walls, and their portfolio strategies, please visit riverfrontig.com.
Baird is a minority investor in Riverfront Investment Group.