Cover
Cover - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Apr. 15, 2021 | Jun. 30, 2020 | |
Cover [Abstract] | |||
Document Type | 10-K/A | ||
Amendment Flag | false | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Document Period End Date | Dec. 31, 2020 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2020 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity File Number | 001-13913 | ||
Entity Registrant Name | WADDELL & REED FINANCIAL, INC. | ||
Entity Central Index Key | 0001052100 | ||
Entity Tax Identification Number | 51-0261715 | ||
Entity Incorporation, State or Country Code | DE | ||
Entity Address, Address Line One | 6300 Lamar Avenue | ||
Entity Address, City or Town | Overland Park | ||
Entity Address, State or Province | KS | ||
Entity Address, Postal Zip Code | 66202 | ||
City Area Code | 913 | ||
Local Phone Number | 236-2000 | ||
Title of 12(b) Security | Class A Common Stock, $.01 par value | ||
Trading Symbol | WDR | ||
Security Exchange Name | NYSE | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 973.6 | ||
Entity Common Stock, Shares Outstanding | 62,024,785 | ||
ICFR Auditor Attestation Flag | true |