What Does Waddell & Reed Do?

Total employees1400
HeadquartersOverland Park
Founded1937

Waddell & Reed Financial, Inc. was a prominent American asset management and financial planning company founded in 1937. For many years, its headquarters was in Overland Park, Kansas. The company provided investment products (notably through its Ivy Investments brand) and financial planning services to individuals and institutional investors. In a significant industry development, Waddell & Reed was acquired by Macquarie Asset Management in a transaction completed on April 30, 2021. Concurrently, Macquarie sold Waddell & Reed's wealth management business, including its network of financial advisors, to LPL Financial, while integrating the asset management operations into Macquarie Asset Management.

Where Is Waddell & Reed's Headquarters?

Waddell & Reed officeWaddell & Reed officeWaddell & Reed officeWaddell & Reed office
*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the central hub for all corporate operations, including asset management (Ivy Investments), support for its national network of financial advisors, technology, legal, and administrative functions.

Notable Features:

The Overland Park campus was a significant corporate facility in Johnson County. The planned, but never fully occupied by Waddell & Reed, Kansas City, MO headquarters was a state-of-the-art, 18-story tower designed to consolidate operations and project a modern image.

Work Culture:

The work culture was typical of the financial services industry, emphasizing client service, investment expertise, regulatory compliance, and professional development for its employees and financial advisors. It fostered a strong connection with its widespread advisor network.

HQ Significance:

The Overland Park headquarters was the long-time nerve center for Waddell & Reed's nationwide operations and a notable employer in the Kansas City metropolitan area. The planned move to downtown Kansas City, MO, signaled an intended new chapter of growth and modernization, which was ultimately reshaped by the acquisition.

Values Reflected in HQ: The long-standing Overland Park HQ reflected stability and a deep-rooted presence. The investment in the new Kansas City HQ was intended to reflect ambition, commitment to the region, and a forward-looking vision, though its destiny under the Waddell & Reed banner was altered by strategic business changes.

Location:

Waddell & Reed's operations and client-facing services were primarily concentrated within the United States. Its asset management division, Ivy Investments, managed funds that could invest globally, but the company's direct operational footprint and wealth management services were U.S.-focused.

Street Address:

6300 Lamar Avenue

City:

Overland Park

State/Province:

Kansas

Country:

USA

Where Else Does Waddell & Reed Operate Around the World?

Various cities, USA

Address: Nationwide network of independently operated advisor offices (specific addresses varied)

To offer localized client support and financial advisory services, ensuring broad access for individuals and businesses across different regions of the United States seeking personalized financial guidance.

Buying Intent Signals for Waddell & Reed

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Waddell & Reed? Meet the Executive Team

As of April 2025, Waddell & Reed' leadership includes:

Philip J. Sanders - Former Chairman and Chief Executive Officer, Waddell & Reed Financial, Inc.
Brent K. Bloss - Former President (and assumed CFO duties in late 2020), Waddell & Reed Financial, Inc.
Shawn M. Mihal - Former President, Waddell & Reed, Inc. (Broker-Dealer Subsidiary)
Amy J. Scupham - Former Senior Vice President, Chief Human Resources Officer
Mark P. Buyle - Former Senior Vice President, Chief Legal Officer and General Counsel

Who's Investing in Waddell & Reed?

Waddell & Reed has been backed by several prominent investors over the years, including:

Macquarie Asset Management (Acquired Waddell & Reed Financial, Inc. in April 2021)
LPL Financial (Acquired Waddell & Reed's wealth management business from Macquarie in April 2021)
Prior to its acquisition, Waddell & Reed Financial, Inc. (NYSE: WDR) was a publicly traded company with shares held by various institutional and individual investors.

What Leadership Changes Has Waddell & Reed Seen Recently?

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Exits1

The period from late 2020 through the finalization of its acquisition in April 2021 saw key executive changes at Waddell & Reed, including a CFO departure and subsequent leadership transitions as the company was integrated into Macquarie Asset Management and its wealth management arm sold to LPL Financial.

Departures

Benjamin R. Ling, Benjamin R. Ling departed his role as Chief Financial Officer of Waddell & Reed Financial, Inc.

New Appointments:

Brent K. Bloss, Following Benjamin Ling's departure, Brent K. Bloss, then President, expanded his duties to include those of the Chief Financial Officer on an interim basis.

What Technology (Tech Stack) Is Used byWaddell & Reed?

Discover the tools Waddell & Reed uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Waddell & Reed Email Formats and Examples

As Waddell & Reed has been acquired and its original corporate structure dissolved, its email domains (e.g., @waddell.com) are no longer in active use by the former entity. Historically, common corporate email patterns were likely employed.

Likely formats included [first_initial][last]@waddell.com (e.g., jdoe@waddell.com) or [first].[last]@waddell.com (e.g., jane.doe@waddell.com).

Format

jdoe@waddell.com

Example

0 (Domain inactive for original entity; emails to this format would not be deliverable)%

Success rate

What's the Latest News About Waddell & Reed?

Macquarie Newsroom / Business Wire • December 2, 2020

Waddell & Reed News: Macquarie Asset Management to acquire Waddell & Reed Financial, Inc.

Macquarie Asset Management announced it had entered into an agreement to acquire Waddell & Reed Financial, Inc. for US$25.00 per share in cash representing an enterprise value of US$1.7 billion. The acquisition was aimed at significantly increasing Macquarie's assets under management in North America....more

LPL Financial News Release • April 30, 2021

Waddell & Reed News: LPL Financial Successfully Closes Acquisition of Waddell & Reed Wealth Management Business

LPL Financial Holdings Inc. announced the successful completion of its acquisition of the wealth management business of Waddell & Reed Financial, Inc. This followed the completion of Macquarie Asset Management’s acquisition of Waddell & Reed Financial, Inc. earlier the same day....more

Kansas City Business Journal • October 7, 2021

Waddell & Reed News: Macquarie sells former Waddell & Reed HQ tower for $140.5M

Less than a year after acquiring Waddell & Reed, Macquarie Group sold the newly constructed downtown Kansas City office tower, originally intended as Waddell & Reed's new headquarters, to a Chicago-based buyer. This marked the end of the building's association with Waddell & Reed....more

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