WDR Profile — Waddell & Reed Financial, Inc.
Waddell & Reed Financial is a holding company. Through its subsidiaries, Co. provides investment management and advisory services, investment product underwriting and distribution, and shareholder services administration to the Ivy Funds, Ivy Variable Insurance Portfolios, InvestEd Portfolios, Ivy High Income Opportunities Fund, and institutional accounts. Co. also provides wealth management services, primarily to retail clients through Waddell & Reed, Inc. (W&R), and independent financial advisors associated with W&R, who provide financial planning and advice to their clients.