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Waddell & Reed Financial, Inc. Announces September 30, 2019 Assets Under Management

Company Release - 10/10/2019 6:45 AM ET

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $68.8 billion for the month ended September 30, 2019, compared to $69.6 billion on August 31, 2019.

 

Assets Under Management

 

 

 

 

 

($ in Millions)

 

 

 

 

 

 

Preliminary

 

Month Ended September 30, 2019

 

Retail

 

Institutional

 

Total

 

 

 

 

 

 

Beginning assets

$

65,799

 

 

$

3,757

 

 

$

69,556

 

Net flows

 

(717

)

 

 

(77

)

 

 

(794

)

Market action

 

23

 

 

 

(3

)

 

 

20

 

Ending assets

$

65,105

 

 

$

3,677

 

 

$

68,782

 

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 wealth management services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel under the IVY INVESTMENTS® brand (encompassing broker/dealer, retirement, and registered investment advisors), our wealth management channel (through independent financial advisors associated with WADDELL & REED, INC.), and our institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships). For more information, visit ir.waddell.com.

Investor Contact:
Mike Daley, VP, Chief Accounting Officer & Investor Relations, (913) 236-1795, mdaley1@waddell.com

Mutual Fund Investor Contact:
Call (888) WADDELL, or visit www.waddell.com or www.ivyinvestments.com

Source: Waddell & Reed Financial, Inc.

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