Waddell & Reed Financial Services Email Format

Financial ServicesKansas, United States1001-5000 Employees

Waddell & Reed Financial Services, headquartered in Shawnee Mission, Kansas, traces its roots to 1937 when Chauncey Waddell and Cameron Reed founded Waddell & Reed, Inc. In April 2021, Macquarie Asset Management acquired Waddell & Reed Financial, Inc.'s investment management business, including Ivy Investments, while LPL Holdings, Inc. acquired the wealth management arm, Waddell & Reed, Inc. Subsequently, Waddell & Reed became part of LPL. LPL positions itself as a leading provider in the retail financial advice market and the United States' largest independent broker-dealer, delivering technology, research, clearing, compliance services, and practice management programs to financial professionals and institutions. Through these offerings, financial professionals supported by LPL help individual families pursue wealth management, retirement planning, financial planning, and asset management solutions.

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