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Waddell & Reed Financial

 

WDR

Waddell & Reed Financial, Inc. conducts business through its subsidiaries, and mostly provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds and institutional and separately managed accounts. The company sells its investment products through three distribution channels: the Advisors channel, the Wholesale channel and the Institutional channel. In the Advisors channel, its sales force consists of 2,250 financial advisors, who focus their efforts mainly on the sale of investment products advised by the company. The Advisors channel's primary market is middle income and mass affluent individuals, families and businesses across the United States.

 

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