Menu

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

Company Release - 2/12/2019 6:45 AM ET

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

Assets Under Management
($ in Millions)
    Preliminary
Month Ended January 31, 2019
Retail       Institutional       Total
 
Beginning assets $ 62,154 $ 3,655 $ 65,809
Net flows (421 ) (28 ) (449 )
Market action   4,282     352     4,634  
Ending assets $ 66,015   $ 3,979   $ 69,994  
 

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, VP, Corporate Controller & Investor Relations, (913) 236-1795, mdaley1@waddell.com
or
Mutual Fund Investor Contact:
Call (888) WADDELL, or visit www.waddell.com or www.ivyfunds.com.

Source: Waddell & Reed Financial, Inc.

Copyright 2019, © S&P Global Market Intelligence  Terms of Use