SOURCE: Institutional Investor

November 13, 2008 10:33 ET

Robert W. Baird & Co. Is No. 1 in Small- and Mid-Cap Sales, According to Annual "Institutional Investor" Survey

NEW YORK, NY--(Marketwire - November 13, 2008) - The team at Robert W. Baird & Co. rises one notch to claim first-place honors in "Institutional Investor's" annual ranking of the best small- and mid-cap equity sales forces in the U.S.

The team at William Blair & Co. leaps three spots to finish in second place, while the sales force at Piper Jaffray vaults from eighth place to third.

The biggest gainer among the top ten firms is Cowen and Co., which skyrockets from No. 20 to No. 8.

The 2008 All-America Sales Team rankings are derived from "Institutional Investor's" annual All-America Research Team survey. The sales portion of the survey provides rankings across 13 broad industry groups/specialist sales categories and 10 sales performance attributes.

This year's top ten firms, ranked on the basis of their U.S. small- and mid-cap equity sales forces, are:

1.   Robert W. Baird & Co.
2.   William Blair & Co.
3.   Piper Jaffray
4.   Jefferies & Co.
5.   Raymond James & Associates
6.   Oppenheimer & Co. (CIBC)
7.   Sidoti and Co.
8.   Cowen and Co.
9.   FBR Capital Markets
10.  SunTrust Robinson Humphrey

To determine the best sales teams in the U.S., "Institutional Investor" surveyed portfolio managers, buy-side analysts, directors of research, chief investment officers and other investment professionals at 506 firms managing U.S. equities.

A total of 28 firms are ranked this year; the top 15 are published. To view the complete results, please visit our web site,

For information regarding additional industry category and performance attribute, rankings and other detailed reports, please contact Alyssa Walker at (212) 224-3677 or via e-mail:

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