Berkshire Global Advisors acted as exclusive financial advisor to Strategas Research Partners

Seller Details
Strategas Research Partners is a global institutional brokerage and advisory firm that provides comprehensive macro sector insights including research in the areas of investment strategy, economics, government policy, quantitative, technical analysis, fixed income and industry surveys. Strategas also offers capital market services, corporate advisory services and financial products to institutional investors and corporate executives in more than twenty countries around the world and develops managed strategies for family offices and ultra- and high-net-worth advisors. With an impressive track record of growth, Strategas the firm has more than 600 institutional clients including mutual funds, investment advisors, hedge funds, pensions, endowments, family offices and trust companies.

Buyer Details
Baird Financial Group 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 more than 3,400 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $171 billion in client assets. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations

Transaction Summary
Baird Financial Group entered into a definitive agreement to acquire Strategas Research Partners, an independent private partnership focused on macro research. Strategas will operate independently under its current name as an operating company within Baird.