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Waddell & Reed

Recent events

Recent events tied to this brand in public sources.

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  1. 2021

    Macquarie completes acquisition of Waddell & Reed

    Macquarie Asset Management announced that it had completed its $1.7 billion acquisition of Waddell & Reed. As part of the deal, it spun off Waddell & Reed’s wealth management platform to LPL Financial Holdings.

  2. 2020

    Macquarie announced its acquisition of Waddell & Reed

    Macquarie announced that it would acquire Waddell & Reed, valuing the company at $25 per share in cash. The article says the acquisition would bring Waddell & Reed’s $68 billion asset-management business into Macquarie’s U.S. investment-management division.