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

OVERLAND PARK, Kan.–(BUSINESS WIRE)–Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary
assets under management of $65.8 billion for the month ended December
31, 2018, compared to $72.0 billion on November 30, 2018.

        Assets Under Management
($ in Millions)
    Preliminary
Month Ended December 31, 2018
Retail     Institutional     Total
 
Beginning assets $ 67,590 $ 4,435 $ 72,025
Net flows (1,125 ) (392 ) (1,517 )
Market action   (4,311 )   (388 )   (4,699 )
Ending assets $ 62,154   $ 3,655   $ 65,809  
 

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.

Contacts

Waddell & Reed Financial, Inc.
Investor
Contact:

Michael Daley, (913) 236-1795
VP, Corporate
Controller & Investor Relations
mdaley1@waddell.com
or
Mutual
Fund Investor Contact:

Call (888) WADDELL
Visit www.waddell.com
or www.ivyfunds.com