Baum's foray into the business realm began at the young age of 19 when he founded a tax preparation company. Demonstrating early entrepreneurial flair, he successfully sold this venture, setting the stage for a distinguished career in finance. His educational journey in accounting, culminating in a bachelor’s degree from Wayne State University, laid a strong foundation for his future endeavors.

In 2004, Baum's career trajectory took a pivotal turn as he joined Franklin Capital as an accountant. At Franklin, he immersed himself in the challenging yet rewarding world of revitalizing distressed businesses. His adeptness in this arena propelled him to the CEO position by 2010, a testament to his expertise and leadership qualities.

Baum's vision and strategic acumen led him to launch a debt fund in 2017, further solidifying his role as a forward-thinking leader in the finance sector. This venture, through a strategic merger in 2019, evolved into what is now known as Wing Lake Capital Partners, with Baum at its forefront as CEO.

At Wing Lake Capital Partners, Baum's approach goes beyond mere financial assistance. He has steered the firm to specialize in lending to distressed companies, offering a holistic suite of services that include financing, consulting, and restructuring. This comprehensive approach under his leadership has not only helped businesses get back on their feet but has also positioned Wing Lake as a beacon of hope and transformation in the finance industry.

Baum's journey from a young entrepreneur to leading a major capital firm is not just a story of personal success but a narrative of resilience, adaptability, and visionary leadership. His contributions have been instrumental in redefining the role of a capital firm in the modern business landscape, making him an esteemed and influential figure in the industry.