Waddell & Reed Financial, Inc. Announces December 31, 2018 Assets Under Management
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Jan 11, 2019--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $65.8 billion for the month ended December 31, 2018, compared to $72.0 billion on November 30, 2018.
The preliminary information included in this news release reflects management’s estimate based on currently available information. Estimates are subject to change. Accordingly, you should not place undue reliance upon this preliminary information.
About the Company
Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and financial planning services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel (encompassing broker/dealer, retirement, and registered investment advisors), our broker-dealer channel (through independent financial advisors), and our Institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships). For more information, visit .
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CONTACT: Waddell & Reed Financial, Inc.
Michael Daley, (913) 236-1795
VP, Corporate Controller & Investor Relations
Mutual Fund Investor Contact:
Call (888) WADDELL
KEYWORD: UNITED STATES NORTH AMERICA KANSAS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING CONSULTING FINANCE
SOURCE: Waddell & Reed Financial, Inc.
Copyright Business Wire 2019.
PUB: 01/11/2019 06:45 AM/DISC: 01/11/2019 06:45 AM