OVERLAND PARK, Kan., Sept. 4 LAWFUEL -The US Business & Law Newswire — Waddell & Reed Financial, Inc. (NYSE: WDR) Chief Executive Officer, Henry J. Herrmann, will present at Lehman Brothers’ 2007 Financial Services Conference on Monday, Sept. 10, 2007, at approximately 2:15 p.m. EDT. A live Web cast of the conference and presentation slides will be available on the Company’s
Web site at http://www.waddell.com under the “Corporate” heading. A replay will be available shortly after the live presentation.
About the Company
Waddell & Reed, Inc., founded in 1937, is one of the oldest mutual fund complexes in the United States, having introduced the Waddell & Reed
Advisors Group of Mutual Funds in 1940. Today, we distribute our investment products through the Waddell & Reed Advisors channel (our network of financial advisors), our Wholesale channel (encompassing broker/dealer, retirement, registered investment advisors as well as the activities of our Legend subsidiary), and our Institutional channel (including defined benefit plans, pension plans and endowments, as well as the activities of ACF and our subadvisory partnership with Mackenzie in Canada).
Through its subsidiaries, Waddell & Reed Financial, Inc. provides
investment management and financial planning services to clients throughout the United States. Waddell & Reed Investment Management Company serves as investment advisor to the Waddell & Reed Advisors Group of Mutual Funds, W&R Target Funds, Inc. and Waddell & Reed InvestEd Portfolios, Inc., while
Ivy Investment Management Company serves as investment advisor to Ivy
Funds, Inc. and the Ivy Funds portfolios. Waddell & Reed, Inc. serves as
principal underwriter and distributor to the Waddell & Reed Advisors Group of Mutual Funds, W&R Target Funds, Inc. and Waddell & Reed InvestEd
Portfolios, Inc., while Ivy Funds Distributor, Inc. serves as principal
underwriter and distributor to Ivy Funds, Inc. and the Ivy Funds
portfolios.
