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Waddell & Reed Financial, Inc. Announces November 30, 2020 Assets Under Management

newsz by newsz
December 10, 2020
in Finance
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Waddell & Reed Financial, Inc. Announces November 30, 2020 Assets Under Management
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OVERLAND PARK, Kan.–(BUSINESS WIRE)–Waddell & Reed Monetary, Inc. (NYSE: WDR) immediately reported preliminary property beneath administration of $72.4 billion for the month ended November 30, 2020, in comparison with $66.2 billion on October 31, 2020.

Belongings Beneath Administration
($ in Tens of millions)
Preliminary
Month Ended November 30, 2020
Retail Institutional Whole
 
Starting property

$

63,125

 

$

3,047

 

$

66,172

 

Web flows

 

(459

)

 

(18

)

 

(477

)

Market motion

 

6,290

 

 

370

 

 

6,660

 

Ending property

$

68,956

 

$

3,399

 

$

72,355

 

Cautionary Assertion

The preliminary data included on this information launch displays administration’s estimate based mostly on at present accessible data. Estimates are topic to alter. Accordingly, you shouldn’t place undue reliance upon this preliminary data.

Concerning the Firm

By way of its subsidiaries, Waddell & Reed Monetary, Inc. has supplied funding administration and wealth administration providers to shoppers all through the USA since 1937. Right this moment, we distribute our funding merchandise by the unaffiliated channel beneath the IVY INVESTMENTS® model (encompassing dealer/seller, retirement, and registered funding advisors), our wealth administration channel (by unbiased monetary advisors related to WADDELL & REED, INC.), and our institutional channel (together with outlined profit plans, pension plans, endowments and subadvisory relationships). For extra data, go to ir.waddell.com.



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