Baird Adds Midwest Team From Morgan Stanley

The three-advisor group joins Baird in Sioux City, Iowa, from MSSB

Baird said Tuesday it added a three-member advisor team from Morgan Stanley Smith Barney in Sioux City, Iowa.

The Stuck Layman Rose Group includes Mark D. Stuck, who was a MSSB branch manager since 1994, Jay D. Layman, who was with MSSB since 1996 and Gail M. Bivens-Rose, who joined MSSB in 1991.

They are joined by associate Barbara J. Graham.

Baird also has offices in Cedar Rapids, Davenport and West Des Moines, Iowa.

“These well-respected and talented financial professionals are a great addition to the firm and establishing our new Sioux City office underscores our commitment to offer leading-edge wealth management solutions to individual clients and families in the Midwest and beyond,” said Erik Dahlberg, managing director and regional director for Baird’s Private Wealth Management group, in a press release.

Baird has added about 60 advisors and branch managers since early 2010. Last year, it hired 100-plus FAs.

“We’re very excited to be joining the Baird family. Baird offered the right combination of size, culture and products to help us meet the increasingly complex service needs of our clients,” said Stuck, in a statement.

Baird now includes more than 650 financial advisors. The employee-owned group had nearly $59 billion in client assets as of Sept. 30.

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