Robert W. Baird & Co., a Milwaukee-based investment firm, is facing scrutiny following reports of excessive work hours, health issues among junior staff, and increased employee turnover.
 

As per a report by The Wall Street Journal (April 25, 2025), junior employees, at the firm, were regularly working up to 110 hours per week. The article noted that late-night shifts and weekend work had become routine, with limited allowances for breaks during peak periods.

Additional reporting by The Daily Beast (April 30, 2025) described serious health issues allegedly linked to the intense workload. One analyst was reportedly hospitalized with pancreatic failure after repeated 20-hour days, which was followed by their dismissal due to low productivity.

By the second half of 2024, more than a dozen junior professionals had resigned from the group, citing burnout, cultural concerns, and limited managerial support, as reported by The Wall Street Journal.

Following the reports, Baird issued a public statement describing the media coverage as “misleading and incomplete.” The firm emphasized its commitment to employee well-being and stated it is working to improve the workplace experience.


 
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