Baird Adds The Kashian Karels Group To Edina Wealth Management Office
Edina, Minn. (June 22, 2026) – Today, Baird announced that The Kashian Karels Group has joined the firm’s wealth management office in Edina, Minnesota. The team includes:
- Darla J. Kashian, Director, Financial Advisor
- Michael L. Karels, CFP®, Director, Financial Advisor
- Tanner Petroske, CFP®, Associate Financial Advisor
- Ann Hoen, Assistant Vice President
The team joins from RBC, where they managed over $508 million in client assets and focused on retirement services for private clients and businesses, asset allocation strategies and lending solutions.
We’re seeing continued momentum in Minnesota as experienced teams take a more intentional approach to where and how they build their business. Darla & Mike have a disciplined, client-focused practice, which aligns well with how we operate at Baird. Our model is designed to support teams like this - experienced advisors who want a more stable, collaborative environment and the ability to focus on long-term growth. Their decision to join reflects what we’re hearing more broadly across the market.
Ally Shuman, Market Director
In addition to Edina, Baird has three other private wealth management offices in the state in St. Paul, Minnetonka and Rochester.
Kashian brings 22 years of industry experience to Baird. She most recently served as a Senior Vice President, Financial Advisor and Senior Portfolio Manager at RBC. She earned a degree in English from Marquette University and an MFA in creative writing from Hamline University.
Karels brings 30 years of industry experience to Baird. He most recently served as a Senior Vice President, Financial Advisor and Senior Portfolio Manager at RBC. Previously, he held roles at UBS & Piper Jaffray. He earned a degree in finance and economics from St. Cloud State University.
Petroske brings eight years of industry experience to Baird. He most recently served as an Investment Associate at RBC. He earned a degree in history from Gustavus Adolphus College.
Baird’s Private Wealth Management business provides tailored solutions to address the unique needs of high-net-worth individuals and their families. The business, with more than $372 billion in client assets as of March 31, 2026, encompasses more than 1,400 financial advisors averaging 20 years of industry experience and serving clients coast-to-coast with client assets.
About Baird
Established in 1919, Baird has more than 5,300 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has more than $565 billion in client assets as of March 31, 2026. Committed to being a great place to work, Baird ranked No. 16 on the 2026 Fortune 100 Best Companies to Work For® list – its 23rd consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated and Baird Trust Company in the United States and Robert W. Baird Group Ltd. in Europe. Robert W. Baird Limited and Baird Capital Partners Europe Limited are authorized and regulated by the Financial Conduct Authority. For more information, please visit Baird’s website at www.rwbaird.com.
For additional information, contact:
Baird Public Relations
publicrelations@rwbaird.com
