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Thursday, January 7, 2010, 2:43PM ET - U.S. Markets close in 1 hour and 17 minutes. Dow Up 0.29% Nasdaq Down 0.16%
Waddell & Reed Financial Inc. (WDR)At 2:28PM ET: 32.1925  Down 0.1575 (0.49%)  
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Waddell & Reed Financial Inc.
6300 Lamar Avenue
Overland Park, KS 66202
United States - Map
Phone: 913-236-2000
Fax: 913-236-5044
Web Site: http://www.waddell.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:Asset Management
Full Time Employees:1,678

BUSINESS SUMMARY 
Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. The company acts as an investment adviser for institutional and other private investors, and provides subadvisory services to other investment companies, as well as manages assets for defined benefit pension plans, other investment companies, defined contribution plans, endowments, and high net worth clients. It also offers variable annuity products, retirement and life insurance products, and disability products, as well as asset allocation investment advisory products, including managed allocation portfolio and strategic portfolio allocation. The company distributes investment products through independent financial advisors, broker/dealers, registered investment advisors, and various retirement platforms; and markets investment advisory services to institutional investors directly or through consultants. Waddell & Reed Financial, Inc. has a strategic alliance with Securian Financial Group, Inc. The company was founded in 1937 and is based in Overland Park, Kansas.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Waddell & Reed Financial Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 50.6% of S&P 400 companies and 77.9% of Diversified Financials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Henry John Herrmann CFA, 67
    Chief Exec. Officer, Pres, Director, Chairman of Investment Policy Committee, Member of Exec. Committee, Director of the W&R Funds Inc, Director of the W&R Target Funds Inc, Director of the Waddell & Reed Advisors Group of Mutual Funds, Director of Waddell & Reed InvestEd Portfolios Inc and Trustee of Ivy Funds
    $ 2.00M $ 1.80M
    Mr. Daniel P. Connealy , 63
    Chief Financial Officer and Sr. VP
    $ 610.00K $ 0
    Mr. Daniel C. Schulte , 44
    Chief Legal Officer, Sr. VP and Assistant Sec.
    $ 585.00K $ 0
    Mr. Thomas W. Butch , 53
    Chief Marketing Officer and Sr. VP
    $ 763.00K $ 277.00K
    Mr. Michael L. Avery ,
    Chief Investment Officer, Exec. VP, Portfolio Mang., Chief Investment Officer of Ivy Investment Management Company, Chief Investment Officer of Waddell & Reed Investment Management Company, Exec. VP of Ivy Investment Management Company and Exec. VP of Waddell & Reed Investment Management Company
    $ 1.05M $ 602.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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