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Wright Reports > Company Profile Report > W > Waddell & Reed Financial, Inc.

Waddell & Reed Financial, Inc. - Company Profile Snapshot

Company Profile: Waddell & Reed Financial, Inc.
Ticker: WDR
Exchanges: NYSE
2007 Sales: 837,550,000
Major Industry: Financial
Sub Industry: Securities Brokerage
Country: UNITED STATES
Employees: 1702

Business Description
Waddell & Reed Financial, Inc.. The Group's principal activities are to provide investment management, investment product underwriting and distribution. The Group's other services include shareholder services administration to the Waddell & Reed Advisors Funds, the W&R Mutual Funds, the W&R Target Funds Inc and managed institutional and separate accounts. The Group's subsidiary Waddell & Reed, Inc is a national distributor and underwriter for shares of mutual funds and the distributor of variable and other insurance products issued by Nationwide Life Insurance Company. It is a registered investment advisor that provides investment management and advisory services to the mutual funds, institutions and other private clients. It manages investments for trusts, high net worth families and individuals, hospitals, schools, labor unions, endowments and foundations. The Group operates throughout United States.

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