Exhibit 99.1
News Release
Waddell & Reed Financial, Inc. Announces March 31, 2019 Assets Under Management
Overland Park, KS, Apr. 10, 2019 — Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $71.7 billion for the month ended March 31, 2019, compared to $71.6 billion on February 28, 2019.
Assets Under Management | | | | | | | |
($ in Millions) | | | | | | | |
| | | | | | | |
| | Preliminary | |
| | Month Ended March 31, 2019 | |
| | Retail | | Institutional | | Total | |
| | | | | | | |
Beginning assets | | $ | 67,565 | | $ | 4,075 | | $ | 71,640 | |
Net flows | | (656 | ) | (79 | ) | (735 | ) |
Market action | | 692 | | 57 | | 749 | |
Ending assets | | $ | 67,601 | | $ | 4,053 | | $ | 71,654 | |
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.
Contacts
Investor Contact:
Michael Daley, VP, Corporate Controller & Investor Relations, (913) 236-1795, mdaley1@waddell.com
Mutual Fund Investor Contact:
Call (888) WADDELL, or visit www.waddell.com or www.ivyfunds.com.
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.