Baird, the financial services firm ranked the country’s No. 1 municipal bond underwriter in 2014, has earned another major accolade.

FORTUNE ranked Baird No. 5 on its 2015 list of the 100 Best Companies to Work For®. This is the firm’s 12th consecutive year on the list and the second straight appearance in the top 10.

“We are incredibly honored to again be recognized as a best place to work by FORTUNE magazine,” said Steve Booth, Baird President & Chief Operating Officer. “Our commitment to providing a great place to work enables us to attract and retain the best people who love what they do. Ultimately, our clients see the difference in the quality advice and service they receive.”

FORTUNE partners annually with the Great Place to Work® Institute to conduct the most extensive employee survey in corporate America. In their review of Baird, FORTUNE highlighted the firm’s high-quality people: “Investment advisor has $120 billion in client assets and attributes success to CEO Paul Purcell’s one rule: there are ‘no [jerks] here.’ Over the years roughly two dozen people have been terminated for breaking that rule.”

Les Bear, who leads Baird’s Public Finance office in Exton, has found Baird’s culture is as much a benefit for clients as it is for associates. “Baird attracts the very best in the industry – people who are passionate about what they do and motivated by the successes they can create for their clients,” Bear said.

“Our ranking as FORTUNE’s No. 1 financial services firm means we are a workplace of choice for some of the industry’s most talented professionals – professionals who are looking out for our clients’ best interests every day.”

Baird provides wealth management, capital markets, asset management and private equity expertise through offices in the United States, Europe and Asia. The firm offers public finance underwriting and advisory services from offices coast to coast, including Exton, Pennsylvania.

Baird Ranks No. 5 Among FORTUNE’s Best Places to Work, who leads Baird’s Chester County office in Exton, can be reached at (610) 594-7080.