AP NEWS

Waddell & Reed Financial, Inc. Announces January 31, 2019 Assets Under Management

February 12, 2019

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Feb 12, 2019--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $70.0 billion for the month ended January 31, 2019, compared to $65.8 billion on December 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/20190212005130/en/

CONTACT: Waddell & Reed Financial, Inc.

Investor Contact:

Michael Daley, VP, Corporate Controller & Investor Relations, (913) 236-1795,mdaley1@waddell.com

or

Mutual Fund Investor Contact:

Call (888) WADDELL, or visitwww.waddell.comorwww.ivyfunds.com.

KEYWORD: UNITED STATES NORTH AMERICA KANSAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING CONSULTING FINANCE

SOURCE: Waddell & Reed Financial, Inc.

Copyright Business Wire 2019.

PUB: 02/12/2019 06:45 AM/DISC: 02/12/2019 06:45 AM

http://www.businesswire.com/news/home/20190212005130/en

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