About the Role: Baird’s Equity Capital Markets group includes more than 500 professionals in research, institutional sales and trading, and investment banking. Baird delivers high-quality, objective research in the sectors where our clients seek timely, actionable insights. Our dedicated analyst teams provide comprehensive, award-winning coverage of over 700+ stocks. The Equity Research Analyst plays an integral role in the research process through providing comprehensive industry and company coverage for both institutional and individual clients. Our Analysts have the opportunity to work with nationally recognized Senior Analysts in a department that has an international reputation for excellence. Please note: applications are for a full-time Equity Research Analyst role with a start date of Summer 2027. Only December 2026 and Spring 2027 graduates will be considered. Opportunities are available in Milwaukee, WI. The Impact You’ll Make: Play an integral role in the research process Join a focused industry group and work closely with the Senior Analyst responsible for that sector Provide quantitative support for industry- and company-specific research and assist in the preparation of financial models, written reports, and field research Work in teams to cover groups of 15+ stocks Collect industry data and provide a level of expertise in a sector that helps clients to decide where to invest Develop proprietary research and distribute it to clients Write reports and communicate findings Attend company-sponsored conferences Interact with covered company management (CEOs, CFOs) Discuss research findings with Sales & Trading associates and institutional clients (e.g., analysts and portfolio managers at top mutual funds and hedge funds) The quality of our equity research and the strength of our relationships in North America, Europe, Asia and Australia drive consistent satisfaction for our clients Baird connects institutional investors with industry-leading companies across the globe; Our focus on delivering unique relationships, resources and sector expertise garnered a No. 1 ranking for “access to small-/mid-cap companies’ management.” Strong investment in ongoing skill development through training, mentorship, and continuing education What You’ll Bring to Baird: Bachelor’s degree required, graduation date of December 2026 or Spring 2027 Finance/Accounting degree strongly preferred Candidates must have a track record of proven academic excellence Possess a passion for the markets Have the ability to work within a team and on a self-directed basis Excellent analytical, communication, and presentation skills Advanced computer skills using Microsoft Word, Excel and PowerPoint Research Analysts are expected to pursue the Chartered Financial Analyst (CFA) designation Baird is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status. Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law. Baird is an employee-owned, international financial services firm specializing in wealth management, capital markets, private equity and asset management. Our mission is straightforward. We strive “to provide the best financial advice and service to our clients and be the best place to work for all.” Our culture is like no other with extraordinary people who make Baird great for our clients and one another. Nationally recognized as a great place to work since 2004, we invite you to learn more about Baird, our culture and our people. Baird is committed to inclusion & diversity for our clients, our associates and the communities where we live and work. This commitment stems from our culture of integrity, genuine concern for others and respect for the individual. We view inclusion & diversity as an ongoing journey – one of shared responsibility, continuous improvement and a focus on progress. We invite you to join us as we work together to foster an environment where diversity unites rather than divides us.