AUBURN, Calif., July 31, 2019 /PRNewswire/ -- Today,
Riskalyze announced an enterprise agreement to deliver risk
alignment at scale to all Waddell & Reed, Inc. affiliated
advisors. Riskalyze's platform of client engagement tools and
analytics technology helps Waddell & Reed advisors enhance
their service and align risk metrics with specific client needs and
risk tolerances.
"We're pleased to bring Riskalyze's offerings to our advisors
and know this is just the beginning of our partnership," said
Matthew Reeves, Senior Vice
President, Wealth Solutions Group, for Waddell & Reed, Inc.
"Riskalyze's top-notch platform integrates well with our expanding
technology options as we continually identify new ways to enhance
an advisor's capacity to deepen client relationships."
Reeves noted that the partnership with Riskalyze is another step
in the strategic evolution of Waddell & Reed's wealth
management business, focused on boosting its advisor experience
through technological enhancements, product expansion and
broadening support. Waddell & Reed, Inc. is one of the pioneers
of the planning industry, founded more than 80 years ago.
"We couldn't be more pleased to partner with Waddell & Reed
and their team of advisors," said Aaron
Klein, CEO at Riskalyze. "We truly believe that our
mission and core values are deeply aligned with their vision and
objectives, and we're proud of their trust in the Risk
Number®. I am confident that our shared drive to empower
the world to invest fearlessly will make for a very successful
partnership."
Waddell & Reed advisors are now able to effectively align
clients and investment portfolios uniquely suited to their needs
through the use of Riskalyze's sophisticated tools and features
including Risk Assessment, Portfolio Analytics, Retirement Maps,
and more.
Patrick Hannon, Managing
Director of Major Accounts at Riskalyze, added, "We're proud to
work with Waddell & Reed at this turning point in their
business, and I believe our two companies share the same vision to
empower and equip advisors with the best technology to let their
work and value shine through to the client."
The enterprise agreement between the two firms is currently in
place, and Waddell & Reed has already activated Riskalyze users
on the platform.
About Riskalyze
Riskalyze is the company that invented
the Risk Number®, which powers the world's first Risk
Alignment Platform and was built on top of a Nobel Prize-winning
academic framework. Advisors, broker-dealers, RIAs and asset
managers use the Riskalyze platform to create alignment between
clients and portfolios, leverage sophisticated analytics to
increase the quality of their advice, automate trading and client
account management, and access world-class models and research in
the Riskalyze Partner Store — all with the mission of empowering
the world to invest fearlessly. To learn more, visit
riskalyze.com.
About Waddell & Reed
Founded in 1937, Waddell & Reed, Inc. is one of the oldest
financial planning firms in the U.S., providing total planning
services to clients throughout the United
States through a network of independent financial advisors.
It is a subsidiary of Waddell & Reed Financial, Inc. (NYSE:
WDR).
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SOURCE Riskalyze