Quick Asked: Waddell And Reed Contact Us?

Last update: 28 Apr, 2024 215 Views

Why choose waddell reed advisors? “Waddell & Reed advisors are seasoned and well-regarded throughout the industry and are a strong cultural and strategic fit with us.” – Dan Arnold

What happened to waddell and reed? W&R (from an outsiders’ perspective) losing advisors and just a lot of change there — was one of the premier firms for a long time.” LPL says it will complete the transaction after Macquarie Group has acquired all common shares of parent company Waddell & Reed Financial for $1.7 billion.

What does lpl financials acquisition of waddell reed mean for advisors? With M&A in the financial sector happening at frenzied pace, financial advisors and industry watchers took to social media to comment on LPL Financial’s announcement Wednesday that it had agreed to buy Waddell & Reed’s wealth management unit from Macquarie Group for $300 million. This business has 921 independent advisors and $63 billion of assets.

What is the relationship between macquarie and directwaddell reed? Waddell & Reed and Macquarie have been strong partners throughout the process, and we look forward to our ongoing collaboration.” Shawn Lytle, President of Delaware Funds® by Macquarie and Head of Macquarie Group in the Americas, said, “We could not have found a better partner to work with than LPL.

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