Toggle SGML Header (+)

Section 1: 8-K (FORM 8-K)

0001052100 false 0001052100 2020-11-11 2020-11-11 iso4217:USD xbrli:shares iso4217:USD xbrli:shares






Washington, D.C. 20549





Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):

November 11, 2020



(Exact name of registrant as specified in its charter)



Delaware   001-13913   51-0261715
(State or Other
Jurisdiction of
File Number)
  (IRS Employer
Identification No.)


6300 Lamar Avenue

Overland Park, Kansas 66202

(Address of Principal Executive Offices) (Zip Code)


(913) 236-2000

(Registrant’s telephone number, including area code)




(Registrant’s Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


¨             Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨             Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class Trading Symbol(s) Name of each exchange on which registered
Class A Common Stock, $.01 par value WDR New York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company  ¨


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨







ITEM 7.01Regulation FD Disclosure.


On November 11, 2020, Waddell & Reed Financial, Inc. issued a press release announcing its preliminary assets under management for the month ended October 31, 2020. A copy of the press release is furnished as Exhibit 99.1 and incorporated herein by reference.




(d)       Exhibits.


Exhibit No. Description
99.1 Press Release dated November 11, 2020
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)







Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: November 11, 2020 By: /s/ Benjamin R. Clouse
    Senior Vice President and Chief Financial Officer



(Back To Top)

Section 2: EX-99.1 (EXHIBIT 99.1)


Exhibit 99.1





News Release 



Waddell & Reed Financial, Inc. Announces October 31, 2020 Assets Under Management


Overland Park, KS, November 11, 2020 – Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $66.2 billion for the month ended October 31, 2020, compared to $67.9 billion on September 30, 2020.


Assets Under Management            
($ in Millions)            
   Month Ended October 31, 2020 
   Retail   Institutional   Total 
Beginning assets  $64,681   $3,188   $67,869 
Net flows   (610)   (95)   (705)
Market action   (946)   (46)   (992)
Ending assets  $63,125   $3,047   $66,172 


Cautionary Statement


The preliminary information included in this news release reflects management's estimate based on currently available information. Estimates are subject to change. Accordingly, you should not place undue reliance upon this preliminary information.




Investor Contact:

Mike Daley, VP, Chief Accounting Officer & Investor Relations, (913) 236-1795, [email protected]


Mutual Fund Investor Contact:

Call (888) WADDELL, or visit or


About the Company


Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and wealth management services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel under the IVY INVESTMENTS® brand (encompassing broker/dealer, retirement, and registered investment advisors), our wealth management channel (through independent financial advisors associated with WADDELL & REED, INC.), and our institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships).  For more information, visit



(Back To Top)