Waddell & Reed Financial, Inc. Announces April 30, 2019 Assets Under Management
May 10 2019 - 06:45AM
Business Wire
Waddell & Reed Financial, Inc. (NYSE: WDR) today reported
preliminary assets under management of $72.9 billion for the month
ended April 30, 2019, compared to $71.7 billion on March 31,
2019.
Assets Under Management ($ in
Millions) Preliminary
Month Ended April 30,
2019 Retail Institutional
Total Beginning assets $ 67,601 $ 4,053 $
71,654 Net flows (759 ) (344 ) (1,103 ) Market action 2,183
159 2,342
Ending assets
$ 69,025 $ 3,868 $
72,893
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190510005028/en/
Investor Contact:Mike Daley,
VP, Corporate Controller & Investor Relations(913)
236-1795mdaley1@waddell.comMutual Fund
Investor Contact:Call (888) WADDELLorwww.waddell.com or
www.ivyfunds.com
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