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August 24, 2017

Raymond James Public Finance Co-Head Rob Baird to step down after 38-year career at firm

Baird to Remain at Firm as Active Member of Public Finance Division

ST. PETERSBURG – Rob Baird, executive vice president and co-head of Public Finance/Debt Investment Banking, has decided to step down from his leadership position effective Oct. 1, 2017. Baird, 65, has worked at Raymond James and the former Morgan Keegan throughout his 38-year career and will remain at the firm as an active member of Public Finance.

Gavin Murrey, executive vice president and current co-head of Public Finance/Debt Investment Banking with Baird, will become the division’s leadership.

Baird joined Morgan Keegan, which Raymond James acquired in 2012, as the firm’s first full-time Public Finance banker in 1979 and led the division for more than 20 years. Throughout his career, Baird has been instrumental to the firm’s growth, establishing the division and shepherding its advancement to become a national practice that Thomson Reuters consistently ranks a top-10 underwriter of municipal bonds.

“For 38 years, Rob has been a talented and trusted colleague to our entire organization,” said John Carson, president of Raymond James Financial, head of the firm’s Fixed Income Capital Markets division and former CEO of Morgan Keegan. “His strategic counsel is invaluable to clients and to the firm as he grew our Public Finance practice to become an industry leader, and then successfully merged it into Raymond James in 2012. Rob will remain with the firm as an active member of our team, and I look forward to working with him for years to come.”

Murrey was appointed co-head of Public Finance/Debt Investment Banking in March 2016 and also joined Raymond James through the Morgan Keegan acquisition in 2012. Since joining Morgan Keegan in 1998, Murrey has been influential as a senior banker and manager in growing the Public Finance practice into one with 180 banking professionals in 26 locations nationwide.  

“Under Gavin’s continued leadership, our talented team of professionals will remain committed to building lasting relationships and trust with clients,” Carson said. “I have no doubt that our Public Finance practice will continue to thrive and grow along with the success of our clients.”

Murrey is based in Memphis, Tennessee.

About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 7,300 financial advisors in 3,000 locations throughout the United States, Canada and overseas. Total client assets are $664 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.