Waddell & Reed Financial, Inc. Announces September 30, 2018 Assets Under Management

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Waddell & Reed Financial, Inc. WDR today reported preliminary assets under management of $79.5 billion for the month ended September 30, 2018, compared to $80.2 billion on August 31, 2018.

       
Assets Under Management
($ in Millions)
    Preliminary
Month Ended September 30, 2018
Retail     Institutional     Total
 
Beginning assets $ 74,935 $ 5,243 $ 80,178
Net flows (463 ) (77 ) (540 )
Market action   (117 )   21     (96 )
Ending assets $ 74,355   $ 5,187   $ 79,542  
 

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.

Posted In: Press Releases
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