M Griffith: Baird to acquire New York investment firm M. Griffith

Milwaukee-based Robert W. Baird & Co. Inc. will acquire a central New York investment firm in a deal that will expand Baird's presence in the Northeast. The financial services company, which employs approximately 1,400 in the Milwaukee area, said it has signed a definitive agreement with M. Griffith Investment Services Inc. to acquire the New Hartford, N.Y.-based firm for an undisclosed amount. M. Griffith was founded in 1947 and has more than 40 employees, including 12 financial advisers who...