Investment Professionals
Since 1950 our values and commitment to our clients and employees have remained the same.
     
 For over 50 years we have worked diligently to maintain our stellar reputation within the investment community. As a Baird, Patrick broker you will be at a firm that is well regarded by investors and industry professionals alike and offers a supportive and professional environment for self starters, proven producers, producing analysts, and small groups with profitable niche businesses.
     Adhering to this commitment we have built our Firm on servicing the needs of our retail and institutional salesmen, traders and investment bankers. Over the years we have established numerous profit center partnerships with our employees. These profit centers, which are founded on solid business plans, are structured to maximize the income of the principals (partners) managing them, while at the same time minimizing overall business risk.
     Profit centers to date include, convertible arbitrage, brokers’ broker in non-convertible preferred stock, institutional research and sales, municipal bond underwriting and sales, money management, investment banking, business consulting and over-the-counter trading.
As we recognize there are many ways to build and maintain a book of business, we structure our compensation packages with that in mind.
     Outside of the profit center partnerships, Baird, Patrick provides a supportive environment that fosters and encourages individual development and growth through mentoring and individualized assistance and incentives. Here also, our brokers are treated more as partners than employees. Baird, Patrick offers generous payouts. We individually structure each broker’s compensation package based upon his/her particular business. At the time a broker is hired, the Firm provides him/her with a clear, concise and definitive compensation agreement. The Firm does not charge its brokers for trade tickets or other usual and customary expenses. However, we may charge a broker who requests special equipment or services not provided to the Firm’s other brokers. In many cases such expenses are shared pro-rata by the broker and the Firm.
Baird, Patrick’s product and trading desks are run as service centers, not as profit centers, so there are no “middleman” charges passed on to you or your clients.
   Baird, Patrick has excellent Over-the-Counter market making capabilities and currently its traders make markets in hundereds of stocks.
We provide all the necessary investment tools, along with the flexibility for you to utilize them.
   Baird, Patrick brokers enjoy a generous business development allowance. The purpose of this allowance is to assist the broker financially in pursuing a serious program for growing and developing his/her business.
   The amount of this allowance is determined annually, based upon the broker attaining or surpassing a mutually agreed upon revenue/profit goal for the preceding year.
   We clear our trades through Pershing LLC, which has long been recognized as an industry leader. The Pershing front-office system provides fast trade execution and full view of inventories and research. This system, coupled with high speed internet, the Bloomberg system including its trade book, and other available news, information services, puts you at the center of information technology.
   In an effort to avoid conflicts of interest, Baird, Patrick elects not to employ proprietary research analysts; instead we provide outside research from a variety of well regarded sources such as Argus, CS First Boston and Standard & Poors... just to name a few.
   Finally, Baird, Patrick offers a comprehensive benefits package including: 401(k), medical, major medical, drug reimbursement and dental care. The Firm’s employees pay one-third of health-care cost on a pre-tax basis.