Waddell And Reed Layoffs

A Waddell & Reed spokesperson confirmed Tuesday that 219 employees would be affected by the layoff. All employees would be eligible for “comprehensive financial and non-financial severance benefits, including continued subsidized healthcare and outplacement services to assist them in securing new jobs.”Mar 2, 2021

Recent News and Discussions About Waddell And Reed Layoffs

Waddell & Reed’s sale to Macquarie prompts plans to cut 219 …

https://www.bizjournals.com/kansascity/news/2021/03/02/waddell-reed-layoffs-macquarie.html

Waddell & Reed's sale to Macquarie prompts plans to cut 219 ...
Mar 2, 2021 — The layoffs represent about 20% of the 1,100 full-time positions at Waddell & Reed’s headquarters. It will not affect the Ivy Funds investment …


Overland Park’s Waddell & Reed won’t move to Kansas City …

https://shawneemissionpost.com/2021/03/03/waddell-and-reed-layoffs-115140/

Mar 3, 2021 — Waddell & Reed said the layoffs will take place beginning April 30. It did not specify the nature of the jobs being eliminated.


Waddel & Reed cuts 200 jobs as downtown KC tower moves …

https://www.kansascity.com/news/local/article249629638.html

Mar 2, 2021 — Waddell & Reed will lay off more than 200 employees, raising more questions about the firm’s future in downtown Kansas City.


Waddell & Reed to Slash More Than 200 Jobs Following LPL …

https://www.thinkadvisor.com/2021/03/08/waddell-reed-to-slash-200-plus-jobs-following-lpl-deal/

Mar 8, 2021 — Waddell & Reed is slashing 219 jobs and will not be moving its corporate headquarters in Kansas following LPL Financial’s deal to buy its …


Waddell & Reed Financial Inc. Layoffs – TheLayoff.com

https://www.thelayoff.com/waddell-and-reed-financial

Waddell & Reed Financial Inc. Layoffs : Downsizing related discussion, postings, questions and answers.


530 Waddell & Reed Reviews – Glassdoor

https://www.glassdoor.com/Reviews/Waddell-and-Reed-Reviews-E7617.htm

Jul 6, 2022 — 530 Waddell & Reed reviews. A free inside look at company reviews and salaries posted anonymously by employees.


Waddell & Reed to Lay Off Employees, Cancel HQ Move Amid …

https://www.financialadvisortransitions.com/blog/waddell–reed-to-lay-off-employees-cancel-hq-move-amid-macquarie-acquisition

Mar 22, 2021 — Nevertheless, Waddell & Reed’s layoffs illustrate a company trend in terms of employment as the wealth manager has decreased its …


Waddell & Reed lays off employees, scuttles move after …

https://www.financial-planning.com/news/waddell-reed-lays-off-employees-scuttles-move-after-macquarie-lpl-deal

Mar 5, 2021 — Waddell & Reed is laying off hundreds more employees and calling off the relocation of its corporate office in the wake of selling the …


Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, …


Waddell & Reed cancels plan to move Downtown

Waddell & Reed cancels plan to move Downtown

Acquirer of Overland Park-based Waddell & Reed Financial Inc. has backed out of plans to move operations to a $140 million downtown Kansas City headquarters …


Frequently Asked Questions

What happened to Waddell and Reed?

SAN DIEGO – April 30, 2021 – LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), the parent corporation of LPL Financial LLC, a leading platform provider and partner to financial advisors, today announced the closing of its acquisition of the wealth management business of Waddell & Reed Financial, Inc.

Who did Waddell and Reed get bought out?

Macquarie Asset Management

How many advisors does Waddell and Reed have?

Macquarie Asset Management (MAM), the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Waddell & Reed Financial, Inc. (NYSE: WDR), one of the oldest asset and wealth management companies in the United States.

What kind of company is Waddell and Reed?

Today, nearly 1,800 financial advisors in more than 400 registered offices across the country offer clients a diverse range of investment and insurance products to help them meet their financial planning needs.

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