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

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180612006126/en/

Waddell & Reed Financial, Inc.Investor Contact:Nicole Russell, 913-236-1880VP, Investor [e-mail] Fund Investor Contact:888-WADDELLwww.waddell.comwww.ivyfunds.com