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22 experienced advisors join Waddell & Reed, Inc. in first half of 2020

July 28, 2020 – Waddell & Reed, Inc. welcomed 22 experienced financial advisors to its national network in the first six months of 2020. Serving communities from Honolulu, HI, to Bridgewater, NJ, the advisors previously were with LPL Financial, Ameriprise Financial, Edward Jones, Oppenheimer, Cetera, and other national broker/dealers.

The 2020 class brought a total of more than $1.5 billion in assets under administration and $8.6 million in annual production.

As Waddell & Reed pursues its growth strategy, it is powered by a national recruiting team, home office recruiting team and external partner recruiting firms, which work together to attract and build relationships with advisors from independent and employee-model firms. With competitive payouts up to 94% and an intentionally layered community of support, the firm provides its affiliated advisors a full range of resources to transition, manage and grow their businesses.

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