What happened to Waddell and Reed?

What happened to Waddell and Reed?

Waddell & Reed wealth management platform sold to LPL Financial. Macquarie Asset Management (MAM), the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Waddell & Reed Financial, Inc.

Where does Waddell and Reed rank?

Waddell & Reed Ranks 3rd in Customer Service.

Did Waddell and Reed sell?

Macquarie Group Completes Acquisition of Waddell & Reed Financial, Inc. NEW YORK–(BUSINESS WIRE)–Macquarie Asset Management (MAM), the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Waddell & Reed Financial, Inc.

Is Waddell and Reed independent?

Today, Waddell & Reed Financial distributes its investment products through the unaffiliated channel under the Ivy Investments® brand (encompassing broker/dealer, retirement, and registered investment advisors), its wealth management channel (through independent financial advisors Page 3 associated with Waddell & Reed.

What are Waddell and Reed fees?

(Waddell & Reed) a fee of up to 0.25%, on an annual basis, of the average daily net assets of that Fund’s Class A shares.

Is Waddell and Reed a good company?

Waddell & Reed is a good company to work for because I worked with them to define what was important about money to them, what their specific goals were and then we worked together to lay out a detailed and achievable plan to achieve those goals.

Who owns Waddell Reed?

Macquarie Asset Management Inc.
Waddell & Reed/Parent organizations

How big is Waddell and Reed?

Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management (“AUM”) of $76.0 billion on March 31, 2021, compared to $75.5 billion on February 28, 2021. AUM includes assets invested in our affiliated mutual fund products, institutional separate accounts and collective investment trusts.

When did Waddell & Reed go public?

1998
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937. It was a publicly traded company from 1998 to 2021, and has its headquarters in Overland Park, Kansas.