2016 Press Releases

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05/23/16Waddell & Reed Financial, Inc. CEO Henry J. Herrmann to Retire
Philip J. Sanders Named as Successor OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 23, 2016-- Waddell & Reed Financial, Inc. (NYSE: WDR) announced today that the company’s Chairman of the Board and Chief Executive Officer, Henry J. Herrmann, 73, will retire as Chief Executive Officer effective August 1, 2016. Herrmann, who has served as CEO since 2005 and Chairman since 2010, will remain as non-executive Chairman of the Board. Herrmann's caree... 
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05/03/16Waddell & Reed, Inc. adds Industry Veteran Mark Schlafly to Help Lead Strategy, Growth of Broker/Dealer
OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 3, 2016-- As it continues to reinforce its growth and evolution, Waddell & Reed, Inc., a subsidiary of Waddell & Reed Financial, Inc. (NYSE: WDR), has added a 30-year veteran to help lead the effort. Mark J. Schlafly has joined Waddell & Reed, Inc. as Executive Vice President, with primary responsibility for financial advisor acquisition strategy, leadership development, sales growth and sales support... 
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04/26/16Waddell & Reed Financial, Inc. Reports First Quarter Results
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Apr. 26, 2016-- Waddell & Reed Financial, Inc. (NYSE: WDR) today reported first quarter 2016 net income1 of $37.0 million, or $0.45 per diluted share, compared to net income of $62.9 million, or $0.76 per diluted share, during the prior quarter and net income of $67.1 million, or $0.80 per diluted share, during the first quarter of 2015. The current quarter’s net income included investment losses of $10.2 million... 
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04/19/16Waddell & Reed Financial, Inc. Provides Notice of Conference Call
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Apr. 19, 2016-- Waddell & Reed Financial, Inc. (NYSE: WDR) is expected to announce first quarter financial and operational results before the market opens on Tuesday, April 26, 2016 and host a conference call at 10:00 a.m. Eastern to discuss the quarterly results and answer investors’ questions. We encourage participants to pre-register for the conference call using the following link: http://dpregister.c... 
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03/28/16Waddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of First Quarter Earnings Release
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Mar. 28, 2016-- The Board of Directors of Waddell & Reed Financial, Inc. (NYSE: WDR) approved a quarterly dividend on its Class A common stock of $0.46 per share payable on May 2, 2016 to stockholders of record as of April 18, 2016. Waddell & Reed Financial, Inc. will announce first quarter 2016 earnings before trading begins on the New York Stock Exchange, Tuesday, April 26, 2016, followed by ... 
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02/02/16Waddell & Reed Financial, Inc. Announces the Retirement of Michael L. Avery
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Feb. 2, 2016-- Waddell & Reed Financial, Inc. (NYSE: WDR) announced that Michael L. Avery, 62, its president and co-portfolio manager of the Ivy Funds, Waddell & Reed Advisors Funds and Ivy Funds Variable Insurance Portfolios Asset Strategy portfolios, will retire effective June 30, 2016, following 35 years of service. Until his retirement date, Avery will assist in the transition of his responsibilities to o... 
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02/02/16Waddell & Reed Financial, Inc. Reports Fourth Quarter Results
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Feb. 2, 2016-- Waddell & Reed Financial, Inc. (NYSE: WDR) today reported fourth quarter 2015 net income of $62.9 million, or $0.76 per diluted share, compared to net income of $48.1 million, or $0.58 per diluted share, during the previous quarter and net income of $80.9 million, or $0.97 per diluted share, during the fourth quarter of 2014. Operating income of $91.4 million declined 16% sequentially and 2... 
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02/02/16Waddell & Reed Partners with Industry Leaders to Build Integrated Advisor Platform
Envestnet, Docupace align tech solutions to help advisors seamlessly open accounts, conduct straight-through processing OVERLAND PARK, Kan.--(BUSINESS WIRE)--Feb. 2, 2016-- Recognizing an opportunity to bring increased efficiency and functionality to its advisors and their clients, Waddell & Reed, Inc. has taken a substantial step toward building the firm’s next-generation technology platform. As the initial step in a multi-phased ... 
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01/26/16Waddell & Reed Financial, Inc. Provides Notice of Conference Call
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Jan. 26, 2016-- Waddell & Reed Financial, Inc. (NYSE: WDR) is expected to announce fourth quarter financial and operational results before the market opens on Tuesday, February 2, 2016 and host a conference call at 10:00 a.m. Eastern to discuss the quarterly results and answer investors’ questions. We encourage participants to pre-register for the conference call using the following link: http://dpregiste... 
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Please note that these press releases contained important information about Waddell & Reed Financial, Inc. when made public. Such information may become dated or incomplete over time and Waddell & Reed Financial, Inc. assumes no duty or obligation to supplement, update or correct such information.



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