Baird's Global Investment Banking business experienced its fifth consecutive year of record results in 2017.

"We could not have achieved another record year without the support of our clients and the hard work of our team," Brian McDonach, co-head of Global Investment Banking, said in a press release.

The 2017 highlights were:

***Record revenues for Global Investment Banking for the fifth consecutive year, record level of advisory deals, announcing in excess of 100 globally, with overall M&A volume up 36 percent over 2016 levels.

***A 28 percent increase in the number of equity financing deals.

***An improved global team, adding several senior bankers in areas such as Biotechnology, Software, Aerospace & Defense, and Debt Advisory, and

***Increased cross-border M&A activity by 22 percent and record pipeline of engagements going into 2018.

"Our strong employee and client-focused culture, combined with our global capabilities and teamwork, uniquely position our team for long-term success and enable us to weather any challenges that may come our way," Brian Doyal, co-head of Global Investment Banking, said.