Waddell & Reed Financial, Inc. Announces October 31, 2018 Assets Under Management
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Nov 12, 2018--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $72.2 billion for the month ended October 31, 2018, compared to $79.5 billion on September 30, 2018.
(1) Includes client transfers of $0.5 billion from Retail to Institutional during the month.
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, Investor Relations
Mutual Fund Investor Contact:
Call (888) WADDELL, or visitwww.waddell.comorwww.ivyfunds.com
KEYWORD: UNITED STATES NORTH AMERICA KANSAS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Waddell & Reed Financial, Inc.
Copyright Business Wire 2018.
PUB: 11/12/2018 04:15 PM/DISC: 11/12/2018 04:15 PM