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.
