Waddell & Reed Financial, Inc. Announces May 31, 2018 Assets Under Management
13 June 2018 - 6:15AM
Business Wire
Waddell & Reed Financial, Inc. (NYSE: WDR) today reported
preliminary assets under management of $79.8 billion for the month
ended May 31, 2018, compared to $79.2 billion on April 30,
2018.
Assets Under Management ($ in
Millions) Preliminary
Month Ended May 31, 2018
Retail Institutional
Total Beginning assets $ 73,280 $ 5,903 $ 79,183 Net
flows (427 ) (660 ) (1,087 ) Market action 1,432
236 1,668
Ending assets $
74,285 $ 5,479 $
79,764
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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180612006126/en/
Waddell & Reed Financial, Inc.Investor Contact:Nicole Russell,
913-236-1880VP, Investor
Relationsnrussell@waddell.comorMutual Fund
Investor
Contact:888-WADDELLwww.waddell.comwww.ivyfunds.com
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