Waddell & Reed Financial, Inc. Announces June 30, 2018 Assets Under Management

Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary
assets under management of $78.7 billion for the month ended June 30,
2018, compared to $79.8 billion on May 31, 2018.

Cautionary Statement

The preliminary information included in this news release reflects
management’s estimate based on currently available information. Estimates
are subject to change. Accordingly, you should not place undue reliance
upon this preliminary information.

About the Company

Through its subsidiaries, Waddell & Reed Financial, Inc. has provided
investment management and financial planning services to clients
throughout the United States since 1937. Today, we distribute our
investment products through the unaffiliated channel (encompassing
broker/dealer, retirement, and registered investment advisors), our
broker-dealer channel (through independent financial advisors), and our
Institutional channel (including defined benefit plans, pension plans,
endowments and subadvisory relationships). For more information,
visit ir.waddell.com.

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