Market Overview

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

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Waddell & Reed Financial, Inc. (NYSE:WDR) today reported preliminary
assets under management of $79.8 billion for the month ended May 31,
2018, compared to $79.2 billion on April 30, 2018.

       
Assets Under Management
($ in Millions)
    Preliminary
Month Ended May 31, 2018
Retail     Institutional     Total
 
Beginning assets $ 73,280 $ 5,903 $ 79,183
Net flows (427 ) (660 ) (1,087 )
Market action   1,432     236     1,668  
Ending assets $ 74,285   $ 5,479   $ 79,764  
 

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 distribution 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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