American wealth manager Baird has hired John Taft, the former CEO of RBC Wealth Management, to serve as its new vice chairman.

Taft, who has an experience of over 35 years in the industry, will initially focus on partnering with Baird’s Private Wealth Management leadership team to further key priorities. He will also join Baird’s executive committee.

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Taft most recently worked in a consulting capacity at Deloitte & Touche. He led RBC Wealth Management between 2005 and 2016.

He previously also served as the chairman of the Securities Industry and Financial Markets Association (SIFMA), president and CEO at Voyageur Asset Management, president and CEO at Dougherty Summit Securities, board member at Segall Bryant & Hamill, The Clifton Group and Columbia Threadneedle Funds, and managing director at Piper, Jaffray & Hopwood.

Baird president and CEO Steve Booth said: “John is very highly regarded for his industry knowledge and leadership, his tremendous record of success and his ability to make the deep personal connections that are so important in this business.

“He will be a wonderful addition to Baird’s senior leadership team and we could not be more proud that he has chosen to continue his exemplary career at Baird.”