AP NEWS

Waddell & Reed Financial, Inc. Announces August 31, 2018 Assets Under Management

September 13, 2018

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sep 13, 2018--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $80.2 billion for the month ended August 31, 2018, compared to $79.2 billion on July 31, 2018.

Cautionary Statement

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 ir.waddell.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005610/en/

CONTACT: Waddell & Reed Financial, Inc.

Investor Contact:

Nicole Russell, 913-236-1880

VP, Investor Relations

nrussell@waddell.com

or

Mutual Fund Investor Contact:

888-WADDELL

or visit

www.waddell.comorwww.ivyfunds.com.

KEYWORD: UNITED STATES NORTH AMERICA KANSAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE OTHER PROFESSIONAL SERVICES

SOURCE: Waddell & Reed Financial, Inc.

Copyright Business Wire 2018.

PUB: 09/13/2018 04:15 PM/DISC: 09/13/2018 04:15 PM

http://www.businesswire.com/news/home/20180913005610/en

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