Waddell & Reed Financial, Inc. Announces June 30, 2019 Assets Under Management

OVERLAND PARK, Kan.--()--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $71.9 billion for the month ended June 30, 2019, compared to $68.6 billion on May 31, 2019.

Assets Under Management
($ in Millions)

Preliminary

Month Ended June 30, 2019

Retail

Institutional

Total

 
Beginning assets

$

65,023

 

$

3,616

 

$

68,639

 

Net flows

 

(606

)

 

(6

)

 

(612

)

Market action

 

3,572

 

 

277

 

 

3,849

 

Ending assets

$

67,989

 

$

3,887

 

$

71,876

 

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 wealth management services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel under the IVY INVESTMENTS® brand (encompassing broker/dealer, retirement, and registered investment advisors), our wealth management channel (through independent financial advisors associated with WADDELL & REED, INC.), and our institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships). For more information, visit ir.waddell.com.

Contacts

Investor Contact:
Mike Daley, SVP, Chief Accounting Officer & Investor Relations
(913) 236-1795
mdaley1@waddell.com

Mutual Fund Investor Contact:
Call (888) WADDELL or visit www.waddell.com or www.ivyinvestments.com

Release Summary

Waddell & Reed Financial, Inc. Announces June 30, 2019 Assets Under Management

Contacts

Investor Contact:
Mike Daley, SVP, Chief Accounting Officer & Investor Relations
(913) 236-1795
mdaley1@waddell.com

Mutual Fund Investor Contact:
Call (888) WADDELL or visit www.waddell.com or www.ivyinvestments.com