Waddell & Reed Financial, Inc. Appoints Two Industry Veterans Focused on Data Analytics and Inorganic Growth Strategies
Waddell & Reed Financial, Inc. (NYSE: WDR) today announced that it has appointed financial industry veterans to focus on two key components of the Company's strategic growth plans.
Sanders added that, when Waddell & Reed Financial updated its growth strategy last year, the Company focused on key strategic enablers spanning wealth management, asset management and the overall enterprise. Those include: product and pricing; core processes and performance; technology and data analytics; capital allocation; growth culture and agile organization; and brand awareness and perception.
Chalamalasetti and Holznecht will report to Ben Clouse, Chief Financial Officer of Waddell & Reed Financial, Inc.
"They each will provide vision and a focus on innovation and results while helping deliver on our growth strategy," said Clouse. "Rajesh brings enhanced expertise to our organization at a time when data-driven decision making is critical to our growth strategies, and Charles will help execute on the key inorganic growth component of our strategic plan."
About Waddell & Reed Financial, Inc.
Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and financial planning services to clients throughout the United States since 1937. Its subsidiaries include Ivy Investments, an asset manager and distributor of investment products to retail and institutional clients; and Waddell & Reed, Inc., a broker-dealer with nationally based independent financial advisors. For more information, visit ir.waddell.com.