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

Company Release - 1/11/2019 6:45 AM ET

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- 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.

        Assets Under Management
($ in Millions)
    Preliminary
Month Ended December 31, 2018
Retail     Institutional     Total
 
Beginning assets $ 67,590 $ 4,435 $ 72,025
Net flows (1,125 ) (392 ) (1,517 )
Market action   (4,311 )   (388 )   (4,699 )
Ending assets $ 62,154   $ 3,655   $ 65,809  
 

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.

Waddell & Reed Financial, Inc.
Investor Contact:
Michael Daley, (913) 236-1795
VP, Corporate Controller & Investor Relations
mdaley1@waddell.com
or
Mutual Fund Investor Contact:
Call (888) WADDELL
Visit www.waddell.com or www.ivyfunds.com

Source: Waddell & Reed Financial, Inc.

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