Waddell & Reed Company Description
Waddell & Reed Financial is one of the oldest mutual fund managers in the US. Subsidiaries administer and distribute about 70 mutual funds under the names Waddell & Reed Advisors Funds (the company's oldest and largest fund family), Ivy Funds (administered by Ivy Investment Management), Waddell & Reed InvestEd Portfolios, and W&R Target Funds; they also manage accounts for institutional investors and private clients. The company sells annuities and insurance through alliances with third party providers. Waddell & Reed has more than 500 offices throughout the US, usually in small cities and rural areas.
View the Comprehensive Company Description for Waddell & Reed
The Company Description provides a historical perspective of Waddell & Reed's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Waddell & Reed's evolution in the marketplace.
