Baird’s Stanek Advises Seniors on Rising Interest Rates – Dallas Morning News

January 31, 2014

In a recent Dallas Morning News article, Baird Chief Investment Officer Mary Ellen Stanek says that mature investors are smart to be cautious about bonds in this rising interest rate environment, but shouldn’t avoid them.

“While it may make sense for some seniors to increase their allocation to other sectors and reduce their allocation to bonds, we would caution against abandoning bond allocations all together,” said Mary Ellen Stanek, director of asset management at Baird, a wealth management firm. (excerpt)
For more information, please read the article

Mary Ellen Stanek
Director of Asset Management


All investments carry a degree of risk. There are many material differences between bonds and equities, which must be weighed carefully before investing. In a rising interest rate environment, the value of fixed-income securities generally declines and conversely, in a falling interest rate environment, the value of fixed-income securities generally increases. High yield or high dividend securities may be subject to market, interest rate or credit risk and should not be purchased solely because of the stated yield or dividend rate.

Diversification and dollar cost averaging do not ensure a profit, nor do they guarantee against loss is declining markets. Investors should consider their ability to maintain the periodic investments required by dollar cost averaging.

Please consider the investment objectives, risks, charges and expenses of a fund carefully before investing. This and other information is found in the prospectus and summary prospectus. For a prospectus or summary prospectus, contact your financial advisor. Please read the prospectus or summary prospectus carefully before investing.

Social Icons

Careers|Help|Site Map|Important Disclosures|Privacy Policy|Financial Information|Business Continuity
©2014 Robert W. Baird & Co. Incorporated.
The services featured on this Web site may not be available in all jurisdictions or to all persons/entities. For more information, please see Important Disclosures. Robert W. Baird & Co. Incorporated. Member SIPC.
Interactive Data
Quotes delayed at least 15 minutes. Market data provided by Interactive Data. 
Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.
Fund data provided by Morningstar, Inc. ©2011 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.