Waddell & Reed September AUM slip M/M

|About: Waddell & Reed Financial Inc (WDR)|By:, SA News Editor

Waddell & Reed Financial (NYSE:WDR) preliminary assets under management of $79.5B B at September 30, 2018, down from $80.2B at the end of August.

Net outflows of $540M; market action reduced AUM by $96M.

Retail AUM $74.4B vs. $74.9B M/M.

Institutional AUM $5.19B vs. $5.24B M/M.

Previously: Waddell & Reed Financial reports August AUM (Sept. 14)

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