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  • Writer's pictureASA Newsroom

ASA Announces Steve Booth as New Chair of Board of Directors

WASHINGTON, D.C. – The American Securities Association (ASA), the trade association representing retail and institutional capital markets interests of regional financial services firms, announces Steve Booth, Chairman and CEO of Robert W. Baird & Co., has been named Chairman of the Board of Directors.


“I am honored to have the opportunity to serve as Chairman,” said Steve Booth. “I look forward to working with ASA’s distinguished board members, stakeholders, and the communities we serve to further the mission of ASA.”


“ASA exclusively represents the wealth management and capital market interests of America’s financial services firms. Our firms work tirelessly to promote financial independence and create economic opportunity in the communities they call home,” said ASA President & CEO Chris Iacovella. “I’m excited to welcome Steve Booth as the new chair of ASA’s Board of Directors. Steve will be an exceptional leader for ASA and our membership and I look forward to working with him.


“I also want to thank Paul Reilly for his service as Chair and a Director on ASA’s board,” Iacovella continued. “Paul’s support- as well as ASA’s entire Board of Directors- has led to the continued success of the American Securities Association.”


Paul Reilly, Chairman and CEO of Raymond James Financial, will become Chairman-Emeritus.


ASA is also pleased to welcome new members of its Board of Directors:


  1. Anthony M. Miller, President, Janney Montgomery Scott

  2. Paul Regard, CEO, PFS Investments


About Steve Booth


Steve Booth is Chairman & Chief Executive Officer and a member of the board of directors of Baird Financial Group and affiliated entities including Robert W. Baird & Co. Incorporated. Steve joined Baird’s Investment Banking group in 1994, went on to lead its Industrial and Global M&A teams and, in 2004, became head of Investment Banking, a position he held until January 2014. He was named Chief Operating Officer of Baird in early 2013, became President & COO in 2014, President & CEO in 2016, and Chairman & CEO in 2021.


Prior to joining Baird, Steve was at Kidder, Peabody & Co. in its Chicago Corporate Finance Office. Steve received his MBA degree from the Kellogg School of Management at Northwestern University and holds a Bachelor of Business Administration in finance and a Bachelor of Arts in economics from Southern Methodist University. He serves on the Board of Directors of The Water Council, the United Performing Arts Fund, United Way of Greater Milwaukee and Waukesha County, Metropolitan Milwaukee Association of Commerce, Carmen School of Science and Technology, American Securities Association and RiverFront Investment Group, LLC. Steve also serves on the Executive Board of Dedman College of Humanities and Sciences at SMU, the Executive Board of the Cox School of Business at SMU, and the Board of Regents of the Milwaukee School of Engineering.  In 2022, Steve was named Wisconsin Business Leader of the Year by the Harvard Business School Club of Wisconsin and the Milwaukee Journal Sentinel.






About the American Securities Association


American Securities Association, based in Washington, DC, represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.


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