AP NEWS

Waddell & Reed Financial, Inc. Announces June 30, 2018 Assets Under Management

July 12, 2018

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Jul 12, 2018--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $78.7 billion for the month ended June 30, 2018, compared to $79.8 billion on May 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/20180712005489/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

www.waddell.com

www.ivyfunds.com

KEYWORD: UNITED STATES NORTH AMERICA KANSAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Waddell & Reed Financial, Inc.

Copyright Business Wire 2018.

PUB: 07/12/2018 04:15 PM/DISC: 07/12/2018 04:15 PM

http://www.businesswire.com/news/home/20180712005489/en

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