Chicago, March 26, 2007 – Baird, an employee-owned, international investment banking, wealth management, private equity and asset management firm announced today that Franklin M. Stokes, 37, has joined as managing director in the Health Care investment banking group. Stokes will be based in the Chicago, IL office.
At Baird, Stokes will focus on advising clients in the biotechnology and specialty pharmaceutical sectors, and will report to Brian Doyal, managing director and head of Baird’s Business and Technology Services investment banking practice.
“Frank’s expertise in the biotechnology and pharmaceutical industries will be an asset to Baird’s Health Care investment banking practice,” said Steven Booth, head of investment banking at Baird.
Stokes was most recently managing director and head of the Specialty & Generic Pharmaceutical practice at Wachovia Securities, where he spent 12 total years including service at acquired firms Wheat First Securities and first Union. Stokes holds both Masters of Business Administration and Juris Doctorate degrees from the University of North Carolina at Chapel Hill.
“I look forward to expanding Baird’s capabilities in the biotech and pharmaceutical industries, as well as working with such and esteemed group of bankers,” said Stokes.
About Baird
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia.
Established in 1919, Baird has nearly 2,200 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of more than $71 billion. Committed to being a great place to work, Baird was recognized as one of the FORTUNE 100 Best Companies to Work For® in 2004, 2005, 2006 and 2007. Baird’s principal operating subsidiaries are Robert W. Baird $ Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations. For more information, please visit www.rwbaird.com.
