WDR meaning in Business ?

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What is Waddell & Reed Financial mean?

Waddell & Reed Financial, Inc. (is an American asset management and financial planning company founded in 1937. It was a publicly traded company from 1998 to 2021, and has its headquarters in Overland Park, Kansas. It operates asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.

The company distributes products through three primary channels:

Advisors channel (a network of personal financial advisors around the country);Wholesale channel (unaffiliated broker/dealers, registered investment advisors and retirement platforms); and theInstitutional channel (pension plans, defined benefit plans and endowments). reference

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Posted on 17 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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