On April 30, 2021, Macquarie Asset Management, the asset management division of Macquarie Group, acquired Waddell & Reed Financial, Inc.’s investment management business including Ivy Investments. Concurrent to the acquisition, LPL Holdings, Inc. acquired wealth manager Waddell & Reed, Inc. Waddell & Reed, Inc. has been dedicated to helping people achieve their financial goals since 1937 when World War I veterans Chauncey Waddell and Cameron Reed founded the company. Now Waddell & Reed has become part of LPL, a leader in the retail financial advice market and the nation’s largest independent broker‐dealer¹. Serving individual financial professionals and financial institutions, LPL provides technology, research, clearing and compliance services and practice management programs to create and grow thriving practices. LPL enables financial professionals to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. ¹ Source: Based on total revenue, Financial Planning Magazine, June 1996‐2020 Learn more about LPL: https://www.lpl.com/about‐Us/what‐we‐do.html
View Top Employees from Waddell & ReedWebsite | https://www.waddell.com/Disclosures-Privacy/Terms-and-Conditions |
Ticker | WDR |
Revenue | $1.16 billion |
Funding | $499.1 million |
Employees | 1,573 (1,305 on RocketReach) |
Founded | 1937 |
Address | 6300 Lamar Ave, Overland Park, Kansas 66202, US |
Phone | (913) 236-2000 |
Fax | (913) 236-2017 |
Technologies |
JavaScript,
HTML,
Twitter
+195 more
(view full list)
|
Industry | Financial Services, Finance, Brokerage, Investments, Investment Banking, Insurance |
Web Rank | 240696 |
Web Visits | 168500 |
Keywords | Wealth Management Solutions, Retirement Planning, Financial Planning, Asset Management |
SIC | SIC Code 67 Companies, SIC Code 62 Companies |
NAICS | NAICS Code 52393 Companies, NAICS Code 5239 Companies, NAICS Code 52 Companies, NAICS Code 523930 Companies, NAICS Code 5231 Companies, NAICS Code 523 Companies |
Looking for a particular Waddell & Reed employee's phone or email?
The Waddell & Reed annual revenue was $1.16 billion in 2024.
Brent Bloss is the President of Waddell & Reed.
1,305 people are employed at Waddell & Reed.
Waddell & Reed is based in Overland Park, Kansas.
The NAICS codes for Waddell & Reed are [52393, 5239, 52, 523930, 5231, 523].
The SIC codes for Waddell & Reed are [67, 62].