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8-K - 8-K - WADDELL & REED FINANCIAL INCa18-13324_18k.htm

Exhibit 99.1

 

 

News Release

 

Waddell & Reed Financial, Inc. Announces April 30, 2018 Assets Under Management

 

Overland Park, KS, May 10, 2018 — Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $79.2 billion for the month ended April 30, 2018, compared to $80.2 billion on March 31, 2018.

 

Assets Under Management

 

 

 

 

 

 

 

($ in Millions)

 

 

 

 

 

 

 

 

 

 

 

Preliminary

 

 

 

 

 

 

 

 

 

 

 

 

 

Month Ended April 30, 2018

 

 

 

Retail

 

Institutional

 

Total

 

 

 

 

 

 

 

 

 

Beginning assets

 

$

73,762

 

$

6,449

 

$

80,211

 

Net flows

 

(681

)

(577

)

(1,258

)

Market action

 

199

 

31

 

230

 

Ending assets

 

$

73,280

 

$

5,903

 

$

79,183

 

 

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.