Baird Financial Corporation has made a strategic minority investment in Reinhart Partners, LLC, enhancing its operational resources while maintaining Reinhart's independence and employee ownership.

Target Information

Reinhart Partners, LLC, located in Mequon, Wisconsin, is an independent investment firm founded in 1991. The firm specializes in private market value equity strategies tailored for both individual and institutional clients. With a strong emphasis on maintaining independence and employee ownership, Reinhart seeks to align its operational practices with the long-term interests of its stakeholders. Jim Reinhart, the founder and current Chairman & CEO, will retain a meaningful minority stake in the company while continuing to actively participate in its governance and operations.

Industry Overview

The financial services industry in the United States is characterized by a diverse range of firms that provide essential services to individuals and organizations. Key players include investment management firms, banking institutions, and advisory services that cater to various sectors. The competition in this space has intensified over the past decade, with a growing trend towards digital transformation and technology adoption to enhance service delivery.

In recent years, the shift towards independence in financial advisory and investment management has gained traction, as firms seek to retain more control over their operations and client relationships. This movement is large