Baird Private Wealth Management has brought in a large Texas advisory team and opened a second office in Houston, as it targets oil and gas wealth in the Lone Star state.

The firm has hired John Hantak as senior vice president, branch manager, responsible for overseeing both of its Houston offices. He is one of ten new hires the wealth manager has made.

Hantak joined Baird from UBS Financial Services, where he was most recently an executive director/complex director, overseeing around 50 financial advisors in Stamford and Greenwich, CT, and managing $48 million in revenues.

He is joined by seven legacy AG Edwards advisors, who were all most recently with Wells Fargo Advisors. The team focuses on the retirement planning needs of executives in the oil and gas industry and oversees more than $770 million in client assets.

The team of advisors is comprised of: J Gillette Burns, director; Orlando Montesino, senior vice president; Andrew Atkinson; Richard Pfeil, vice president; Matthew Leatherwood; Thomas Davis, vice president; and C Nelson Shields, vice president.

Burns, Montesino and Atkinson, known as The Burns Financial Group, are joined by client relationship assistant Cynthia Silva. Meanwhile, Pfeil and Leatherwood are joined by client relationship assistant Ogochukwu Obianagu.

They are all based in the new Houston office.

“We are excited to expand our footprint in Houston, a market that continues to represent significant growth potential,” said Jarrett Kovics, director of the Texas market for Baird’s PWM business.

Baird is an employee-owned wealth management, capital markets, private equity and asset management firm. It had more than $99 billion in client assets on December 31, 2012.