Vestmark to Provide Unified Managed Household Capabilities for Baird

Wakefield, Mass., January 19, 2006 - Vestmark, an enterprise software company, announced today a strategic alliance with Robert W. Baird & Co. (Baird), an employee-owned international wealth management, capital markets, private equity and asset management firm. Baird will provide its financial advisors with a platform for supporting Unified Managed Households (UMHs) following the integration of its proprietary technology with Vestmark's overlay portfolio management solution.

Vestmark's overlay portfolio management technology will support Baird's financial advisors by providing a desktop solution that assists in managing investment targets across multiple accounts within a client household. The new program will include both Baird-defined asset allocation models as well as a custom, open-architecture offering that enables financial advisors to create custom asset allocation targets and implement the solution with their choice of separate account portfolios, mutual funds, Exchange Traded Funds (ETFs) and/or advisor-directed portfolios.

"We are excited to partner with Vestmark to develop the technology solution that will enable our financial advisors to practice a consultative, product-neutral approach," said Kristine Slamka, Product Management Director at Baird. "These tools will help them to efficiently manage their client relationships and continue the positive momentum that we have established with our new ALIGN platform."

"We are pleased to be working with Baird to provide a comprehensive open-architecture platform for Unified Managed Households for Baird financial advisors and their clients," said Rob Klapprodt, President of Vestmark Software. "Baird is renowned for being an innovative, client focused firm, and we look forward to a successful expansion of the ALIGN program."

About Vestmark
Vestmark, Inc. is an enterprise software company providing managed accounts solutions to the financial services industry. Vestmark supports a range of managed account products, including traditional separately managed accounts (SMAs), multi-style portfolios (MSPs, MSAs, DMAs, etc.), and unified managed accounts (UMAs). Vestmark solutions enable firms to attract new assets, reduce operational costs, and increase the overall profitability of their managed accounts business. Founded in 2001, Vestmark, Inc. is headquartered on Route 128 due north of Boston, Mass. For more information, please visit its Web site at www.vestmark.com or send e-mail to info@vestmark.com.

About Baird
Baird, established in 1919, is an employee-owned international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Baird's principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird's private equity operations.

Committed to being a great place to work, Baird is one of FORTUNE magazine's "100 Best Companies to Work For" in 2005 and was also included on the magazine's 2004 list. Robert W. Baird & Co. is a member of the New York Stock Exchange and other principal exchanges and the Securities Investor Protection Corporation (SIPC). Robert W. Baird Ltd. and Granville Baird Capital Partners Ltd. are authorized and regulated in the United Kingdom by the Financial Services Authority. For more information, please visit Baird's Web site at www.rwbaird.com.

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