OverviewSuggest Edit

Since opening our doors in 1937, our approach has remained decidedly simple, genuine and straightforward: know our clients well, treat them with respect and measure our success by their success. Our personal approach is the reason Waddell & Reed advisors typically enjoy long-lasting client relationships. We take your journey seriously, and will be there every step of the way, focusing on these key principles:
Listening. To us, success demands not only a deep understanding of your objectives, but your needs, values, time horizon, risk tolerance and expectations.
Planning. By building personalized plans supported with highly competitive investment products and dedicated service, we enable you to not only identify goals, but take consistent action toward achieving them.
Advising. Our mission, every day, is to help clients at all stages and through the changes that life may bring.

TypePublic
Founded1937
HQMission, US
Websitewaddell.com

Latest Updates

Employees (est.) (Dec 2019)1,162(-12%)
Job Openings11
Revenue (FY, 2019)$1.1 B(-7%)
Share Price (Jun 2020)$15.1 (+3%)
Cybersecurity ratingCMore

Key People/Management at Waddell & Reed Financial

Philip J. Sanders

Philip J. Sanders

Chief Executive Officer
Benjamin R. Clouse

Benjamin R. Clouse

Senior Vice President and Chief Financial Officer
Daniel P. Hanson

Daniel P. Hanson

Senior Vice President and Chief Investment Officer
Christopher W. Rackers

Christopher W. Rackers

Senior Vice President and Chief Administrative Officer
Amy J. Scupham

Amy J. Scupham

Senior Vice President – Distribution
Thomas C. Godlasky

Thomas C. Godlasky

Non-Executive Chairman of the Board Of Directors
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Waddell & Reed Financial Office Locations

Waddell & Reed Financial has an office in Mission
Mission, US (HQ)
6300 Lamar Ave
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Waddell & Reed Financial Financials and Metrics

Waddell & Reed Financial Revenue

Waddell & Reed Financial's revenue was reported to be $1.07 b in FY, 2019
USD

Revenue (Q1, 2020)

263.7m

Net income (Q1, 2020)

20.5m

EBIT (Q1, 2020)

39.4m

Market capitalization (29-Jun-2020)

990.9m

Closing stock price (29-Jun-2020)

15.1

Cash (31-Mar-2020)

160.3m

EV

925.5m
Waddell & Reed Financial's current market capitalization is $990.9 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.0b1.2b1.2b1.4b1.6b1.5b1.2b1.2b1.2b1.1b

Revenue growth, %

15%5%17%17%(5%)(18%)

Sales and marketing expense

10.2m9.9m10.3m9.0m

General and administrative expense

80.5m75.3m86.4m104.6m105.1m84.0m105.5m73.6m77.5m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

257.2m254.8m296.6m309.9m297.7m306.6m308.2m293.4m316.6m331.7m347.1m390.4m400.6m409.6m385.5m394.0m376.1m323.8m319.2m303.1m286.6m286.7m289.4m297.6m295.3m295.1m259.4m270.2m270.7m263.7m

Sales and marketing expense

2.3m2.9m2.5m2.0m2.4m2.1m1.9m

General and administrative expense

19.5m22.5m19.3m25.1m15.8m16.2m26.9m20.5m23.8m27.2m24.9m25.7m27.9m25.5m19.2m19.3m23.3m25.7m28.2m27.8m19.5m19.1m17.6m14.7m16.0m16.7m18.6m

R&D expense

16.6m17.2m15.4m16.3m16.4m15.0m13.5m
Annual
USDFY, 2010Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012Y, 2013FY, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

195.3m190.1m327.1m323.9m328.0m330.3m487.8m487.8m566.6m566.6m558.5m558.5m555.1m207.8m232.0m151.8m

Accounts Receivable

4.3m

Prepaid Expenses

10.7m9.1m9.4m15.0m35.0m25.6m27.2m31.7m

Inventories

9.4m15.0m35.0m20.6m
USDQ2, 2010

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.3 x
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Waddell & Reed Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Waddell & Reed Financial Online and Social Media Presence

Embed Graph

Waddell & Reed Financial News and Updates

Daily Dividend Report: Farmers & Merchants Bancorp, Williams-Sonoma, Safehold, Waddell & Reed Financial and MVC Capital

The Board of Directors of Farmers & Merchants Bancorp, the holding company of The Farmers & Merchants State Bank, with assets of $1.6 billion at September 30, 2019, today announced that it has approved a 6.7% increase in the Company's quarterly cash dividend.

Waddell & Reed Financial Frequently Asked Questions

  • When was Waddell & Reed Financial founded?

    Waddell & Reed Financial was founded in 1937.

  • Who are Waddell & Reed Financial key executives?

    Waddell & Reed Financial's key executives are Philip J. Sanders, Benjamin R. Clouse and Daniel P. Hanson.

  • How many employees does Waddell & Reed Financial have?

    Waddell & Reed Financial has 1,162 employees.

  • What is Waddell & Reed Financial revenue?

    Latest Waddell & Reed Financial annual revenue is $1.1 b.

  • What is Waddell & Reed Financial revenue per employee?

    Latest Waddell & Reed Financial revenue per employee is $921.1 k.

  • Who are Waddell & Reed Financial competitors?

    Competitors of Waddell & Reed Financial include Bridgewater Associates, Standard Life Aberdeen and Old Mutual.

  • Where is Waddell & Reed Financial headquarters?

    Waddell & Reed Financial headquarters is located at 6300 Lamar Ave, Mission.

  • Where are Waddell & Reed Financial offices?

    Waddell & Reed Financial has an office in Mission.

  • How many offices does Waddell & Reed Financial have?

    Waddell & Reed Financial has 1 office.