Waddell & Reed Financial, Inc. Announces May 31, 2019 Assets Under Management
June 12 2019 - 06:45AM
Business Wire
Waddell & Reed Financial, Inc. (NYSE: WDR) today reported
preliminary assets under management of $68.6 billion for the month
ended May 31, 2019, compared to $72.9 billion on April 30,
2019.
Assets Under
Management ($ in Millions) Preliminary
Month Ended May 31,
2019 Retail Institutional Total
Beginning assets $ 69,025 $ 3,868 $ 72,893 Net flows (630 ) (11 )
(641 ) Market action (3,372 ) (241 ) (3,613 )
Ending assets $ 65,023 $
3,616 $ 68,639
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190612005100/en/
Investor Contact:Mike Daley,
VP, Corporate Controller & Investor Relations, (913)
236-1795, mdaley1@waddell.comMutual Fund
Investor Contact:Call (888) WADDELL, or visit
www.waddell.com or www.ivyfunds.com.
Waddell and Reed Financial (NYSE:WDR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Waddell and Reed Financial (NYSE:WDR)
Historical Stock Chart
From Mar 2023 to Mar 2024