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Waddell & Reed Financial, Inc. Announces July 31, 2018 Assets Under Management
[August 09, 2018]

Waddell & Reed Financial, Inc. Announces July 31, 2018 Assets Under Management


Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $79.2 billion for the month ended July 31, 2018, compared to $78.7 billion on June 30, 2018.





       
Assets Under Management
($ in Millions)            
Preliminary
Month Ended July 31, 2018
Retail Institutional Total
 
Beginning assets $ 73,401 $ 5,250 $ 78,651
Net flows (618 ) (205 ) (823 )
Market action   1,293     102     1,395  
Ending assets $ 74,076   $ 5,147   $ 79,223  
 

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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