Attached files

file filename
8-K - 8-K - WADDELL & REED FINANCIAL INCa18-8121_18k.htm

Exhibit 99.1

 

 

News Release

 

Waddell & Reed Financial, Inc. Announces February 28, 2018 Assets Under Management

 

Overland Park, KS, Mar. 12, 2018 — Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $81.4 billion for the month ended February 28, 2018, compared to $84.3 billion on January 31, 2018.

 

Assets Under Management

($ in Millions)

 

 

 

Preliminary

 

 

 

February 28,

 

January 31,

 

 

 

2018

 

2018

 

 

 

 

 

 

 

Retail

 

$

75,029

 

$

77,611

 

Institutional

 

6,401

 

6,693

 

Total

 

$

81,430

 

$

84,304

 

 

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.

 

Contacts

 

Investor Contact:

Nicole Russell, VP, Investor Relations, (913) 236-1880, nrussell@waddell.com

 

Mutual Fund Investor Contact:

Call (888) WADDELL, or visit www.waddell.com or www.ivyfunds.com.

 

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 distribution 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.