Waddell & Reed Financial, Inc. Announces December 31, 2018 Assets Under Management
January 11 2019 - 6:45AM
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190111005033/en/
Waddell & Reed Financial, Inc.Investor Contact:Michael Daley, (913)
236-1795VP, Corporate Controller & Investor
Relationsmdaley1@waddell.comorMutual Fund
Investor Contact:Call (888) WADDELLVisit www.waddell.com or
www.ivyfunds.com
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