Waddell & Reed Financial, Inc. Provides Notice of Conference Call

Waddell & Reed Financial, Inc. (NYSE: WDR) is expected to announce fourth quarter financial and operational results before the market opens on Tuesday, February 3, 2015 and host a conference call at 10:00 a.m. Eastern to discuss the quarterly results and answer investors’ questions.

We encourage participants to pre-register for the conference call using the following link: http://dpregister.com/10057553. Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the call. You may register now, or at any time prior to the call. The call will be simultaneously Web cast on the Investor Relations section of our Web site at www.waddell.com

Individuals who do not have internet access, or are otherwise unable to pre-register for this event, may still participate by dialing [phone] and asking the operator to join them to the “Waddell & Reed Financial, Inc.” call.

Individuals unable to join the conference call at the scheduled time can access a replay that will be available shortly after the conclusion of the call for seven days. The replay can be accessed by dialing [phone] and entering conference number 10057553, or by visiting the Investor Relations section of our Web site.

A copy of the press release, along with supplemental data schedules, will be available on the Investor Relations section of our Web site at www.waddell.com shortly after the public release of our quarterly results.

About the Company

Waddell & Reed, Inc., founded in 1937, is one of the oldest mutual fund complexes in the United States, having introduced the Waddell & Reed Advisors Group of Mutual Funds in 1940. Today, we distribute our investment products through the Waddell & Reed Wholesale channel (encompassing broker/dealer, retirement, and registered investment advisors), our Advisors channel (our network of financial advisors), and our Institutional channel (including defined benefit plans, pension plans and endowments, and our subadvisory partnership with Mackenzie in Canada).

Through its subsidiaries, Waddell & Reed Financial, Inc. provides investment management and financial planning services to clients throughout the United States. Waddell & Reed Investment Management Company serves as investment advisor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios and InvestEd Portfolios, while Ivy Investment Management Company serves as investment advisor to Ivy Funds. Waddell & Reed, Inc. serves as principal underwriter and distributor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios and InvestEd Portfolios, while Ivy Funds Distributor, Inc. serves as principal underwriter and distributor to Ivy Funds.

Waddell & Reed Financial, Inc.Nicole Russell, 913-236-1880VP, Investor Relations