|Shawn D. Baldwin|
|Born||February 26, 1966
|Known for||founding AIA Group (AIA) and Capital Management Group (CMG)|
Headquartered in Chicago, Baldwin's Capital Management Group (CMG) was formed through the acquisition of several companies. First, Baldwin acquired in November 2001 MuniDirect, a broker-dealer based in Atlanta, Georgia. In December of that same year, Baldwin bought KCM Capital Management, a broker-dealer based in Anguilla but headquartered in Chicago. He also gained control of the Stature Multi-Allocation Fund, a hedge fund worth $56 million. From 2002 to 2005, CMG participated in over 75 transactions for a par of over $68 billion in equity and debt transactions, which included Google and The Travelers Companies.
In December 2006, the National Association of Securities Dealers (later renamed to Financial Industry Regulatory Authority) expelled CMG and Baldwin, preventing the company from continuing its trade activities. The expulsion and bar were overturned by FINRA adjudicators in a January 2009 decision in which they cited "contradictory" statements by the regulators. Baldwin and CMG were given a $25,000 fine and two-year suspension for not fully responding in which he did not submit a deposit ticket for a wire and a bank statement for a brokerage account. This $25,000 fine made him file for bankruptcy that same year.
Media coverage and distinctions
Baldwin has been profiled in many magazines, including The Economist, BusinessWeek, Forbes, Fortune, Money, and Investment Dealers' Digest, and has appeared on a number of television networks, including Bloomberg, CNN, CNBC, NBC, and CBS. Investment Dealers' Digest named him one of the Top 40 Investment Bankers under 40. In 2006, Baldwin was named one of the Top 75 Blacks on Wall Street by Black Enterprise. He is a contributor to the financial articles of Fast Company and Forbes. In 2006, Baldwin was the financial spokesperson for BlackBerry and the subject of commercials and a print campaign that ran in Forbes, Fortune and BusinessWeek. Baldwin has been also quoted in The Wall Street Journal.
- "Hotlist 05: they're bold, innovative, powerful--and all under 40.". Black Enterprise. 2005-12-01. Archived from the original on 2009-10-24. Retrieved 2009-10-24.
- "Shawn Baldwin, Chairman of AIA Group, among top business leaders attending Bloomberg Technology Conference: Code and the Corner". Bloomberg Business. Bloomberg L.P. 2015-06-18.
- "Shawn Baldwin, Chairman of AIA Group, joins world leaders at Milken Institute Global Conference". Chicago Tribune. Tribune Publishing. 2015-05-11.
- Owens, Anna. "All The Right Moves: Investment Banker Shawn Baldwin Heads East- the Middle East". Bears and Bulls. Archived from the original on 2009-10-24. Retrieved 2009-10-24.
- Hughes, Alan (2002-04-01). "On the fast track: Shawn Baldwin is building a financial services firm one acquisition at a time". BlackEnterprise. Archived from the original on 2009-10-24. Retrieved 2009-04-06.
- O'Connor, Colleen Marie (2006-11-27). "Investment Dealers Digest 40 Under 40". Investment Dealers' Digest.
- Strahler, Steven R. (2007-06-11). "A star broker fades as creditors, NASD move in". Financial Week. Archived from the original on 2009-10-25.
- "Opinion of the Commission: CMG Institutional Trading, LLC and Shawn D. Baldwin" (PDF). U.S. Securities and Exchange Commission. 2009-01-30. Archived from the original (PDF) on 2009-10-26. Retrieved 2009-10-25.
- "Speaker: Shawn Baldwin". Milken Institute. 2009-08-27. Archived from the original on 2009-10-24. Retrieved 2009-10-24.
- Brown, Carolyn M. (October 2006). "75 most powerful blacks on wall street.". Black Enterprise. Archived from the original on 2009-10-24. Retrieved 2009-10-23.
- "Shawn Baldwin". Fast Company. Archived from the original on 2009-10-24. Retrieved 2009-04-06.
- Staney, Nasil (2010-07-01). "Reality Check: Most Stock Markets Still Below '07 Highs". The Wall Street Journal. Yahoo! Finance. Archived from the original on 2011-05-30. Retrieved 2011-05-30.