Economic Development

Jerry David, a wealth management advisor for Prescient Financial Solutions at Northwestern Mutual, has earned a Top of the Table membership in the Million Dollar Roundtable.

More than 1,000 associates at Robert W. Baird & Co. Inc. will volunteer their time to nonprofit organizations this from May 13 to 18 as part of the company’s Baird Gives Back Week.

Johnson Investment Services, a division of Racine-based Johnson Bank, has surpassed $1 billion in assets under management.

Kenosha-based tool manufacturer Snap-on Inc. has acquired Challenger Lifts Inc. for about $38 million in cash.

Gov. Scott Walker called an emergency meeting of the Wisconsin Economic Development Corporation board today to discuss an audit of the organization conducted by the Legislative Audit Bureau and released last week.

Milwaukee-based MGIC Investment Corp. continues to post hefty losses. The company reported a first quarter net loss of $72.9 million, or 31 cents per share, up significantly from a net loss of $19.56 million, or 10 cents per share, in the first quarter of 2012.

Sussex-based Quad/Graphics Inc. has purchased a minority interest in Pixability, a YouTube-certified marketing and advertising company that works with brands, e-commerce firms and agencies to improve video marketing results.

Cudahy-based Roadrunner Transportation Systems Inc. announced it has acquired Wando Trucking Charleston, S.C., and Adrian Carriers of Milan, Ill.

Milwaukee-based Artisan Partners Asset Management Inc. reported net income of $3.0 million, or 19 cents per share, in its first quarter as a publicly traded company.

Waterstone Financial Inc., the Wauwatosa-based parent company of WaterStone Bank, reported first quarter net income of $4.6 million, or 15 cents per share, up from $2.2 million, or 7 cents per share, in the same period a year ago.