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Answer» 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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