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Waddell & Reed Financial, Inc. Announces July 31, 2019 Assets Under Management
[August 12, 2019]

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


Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $71.5 billion for the month ended July 31, 2019, compared to $71.9 billion on June 30, 2019.





Assets Under Management
($ in Millions)

Preliminary

Month Ended July 31, 2019

Retail

 

Institutional

 

Total

 
Beginning assets

$

67,989

 

$

3,887

 

$

71,876

 

Net flows

 

(893

)

 

(73

)

 

(966

)

Market action

 

518

 

 

76

 

 

594

 

Ending assets

$

67,614

 

$

3,890

 

$

71,504

 


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.


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