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

OVERLAND PARK, Kan.--()--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $78.7 billion for the month ended June 30, 2018, compared to $79.8 billion on May 31, 2018.

                       
Assets Under Management
($ in Millions)
Preliminary
Month Ended June 30, 2018
Retail Institutional Total
 
Beginning assets $ 74,285 $ 5,479 $ 79,764
Net flows (528 ) (263 ) (791 )
Market action   (356 )   34     (322 )
Ending assets $ 73,401   $ 5,250   $ 78,651  
 

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 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 June 30, 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