NYSE, WDR - Waddell & Reed Financial
Waddell & Reed Financial, Inc. (hereinafter referred to as the "Company,"
"we," "our" or "us") is a corporation, incorporated in the state of Delaware in
1981, that conducts business through its subsidiaries. Founded in 1937, we are
one of the oldest mutual fund complexes in the United States, having introduced
our largest family of mutual funds, the Waddell & Reed Advisors Group of Mutual
Funds (the "Advisors Funds") in 1940. We launched our Ivy Funds in 2003 in an
effort to expand our distribution to third-party outlets. As of December 31,
2007, we had $64.9 billion in assets under management and approximately
3.3 million mutual fund shareholder accounts owned by individuals, plans or
omnibus accounts at third parties.
We derive our revenues primarily from providing investment management,
investment product underwriting and distribution, and shareholder services
administration to mutual funds and institutional and separately managed
accounts. ...
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