WADDELL & REED FINANCIAL INC.
WADDELL & REED FINANCIAL INC.
17.19 USD (-1.49%)
15 min delay - NYSE Stocks
Open: 17.48
Change: -0.26
Volume: 1,559,552
Low: 17.06
High: 17.49
High / Low range: 0.43
Type: Stocks
Ticker: WDR
ISIN:

Waddell & Reed Financial, Inc. Announces August 31, 2019 Assets Under Management

  • 16

Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $69.6 billion for the month ended August 31, 2019, compared to $71.5 billion on July 31, 2019.

Assets Under Management
($ in Millions)

Preliminary

Month Ended August 31, 2019

Retail

 

Institutional

 

Total

 
Beginning assets

$

67,614

 

$

3,890

 

$

71,504

 

Net flows

 

(872

)

 

(31

)

 

(903

)

Market action

 

(943

)

 

(102

)

 

(1,045

)

Ending assets

$

65,799

 

$

3,757

 

$

69,556

 

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.

Business Wire
Business Wire, acquired by Berkshire Hathaway in 2006, is the global market leader in commercial news distribution. Thousands of member companies and organizations depend on Business Wire to transmit their full-text press releases, regulatory filings, photos and other multimedia content to journalists, financial professionals, investor services, regulatory authorities and consumers worldwide.