Skip to Content

Waddell & Reed Financial Inc A

Rating as of

Company Profile

Business Description

Waddell & Reed is a midsize asset manager that had $56.0 billion in assets under management at the end of March 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 96% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (38%) in the wholesale channel. Equity-driven strategies account for an estimated 73% of total AUM, with fixed-income (24%) and money market (3%) offerings accounting for the remainder. The company has no discernible reach outside the United States.

Contact
6300 Lamar Avenue
Overland Park, KS, 66202
T +1 913 236-2000
Sector Financial Services
Industry Asset Management
Most Recent Earnings Mar 31, 2020
Fiscal Year End Dec 31, 2020
Stock Type High Yield
Employees 1,162

Related