According to Financial Planning, Baird secured an agreement to acquire a privately held wealth manager, Hefren-Tillotson. Hefren-Tillotson, a brokerage and RIA managing $18 billion in client assets, plans to fully integrate into Baird by October.
Hefren-Tillotson's founder Willard J. "Bill" Tillotson created the firm's "Masterplan" approach. The Masterplan complies a client's goals and objectives in a comprehensive and written plan. According to the firms, Baird and Hefren-Tillotson embody the same culture and values that defined the firms.
Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.
