Waddell & Reed Financial, Inc. Announces May 31, 2018 Assets Under Management

OVERLAND PARK, Kan.--()--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.

Contacts

Waddell & Reed Financial, Inc.
Investor Contact:
Nicole Russell, 913-236-1880
VP, Investor Relations
nrussell@waddell.com
or
Mutual Fund Investor Contact:
888-WADDELL
www.waddell.com
www.ivyfunds.com

Release Summary

Waddell & Reed Financial, Inc. Announces May 31, 2018 Assets Under Management

Contacts

Waddell & Reed Financial, Inc.
Investor Contact:
Nicole Russell, 913-236-1880
VP, Investor Relations
nrussell@waddell.com
or
Mutual Fund Investor Contact:
888-WADDELL
www.waddell.com
www.ivyfunds.com