DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Waddell & Reed

Former SEC-registered adviserOverland Park, KansasCRD 866SEC 801-16720IAPD
Legal name Waddell & Reed, Inc.
Latest filing Sep 17, 2021
First filing on the tape Nov 10, 2011 · 240 filings
RAUM
$33B
reported, Item 5.F
Discretionary
19%
of RAUM
Private clients
100%
$33B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1,700
1,700 advisory (5.B.1)
Offices
357
beyond the principal office
Private funds
0
reported on Schedule D
History
240 filings and snapshots on the tape
RAUM$33B as of Mar 31, 2021
Mar 15, 2012$7.6B then
HNW client RAUM$4.9B as of Mar 31, 2021
Mar 29, 2018$1.8B then
State-registered IARs (5.B.3)1,400 as of Mar 31, 2021
Mar 15, 20120 then
Employees (5.A)1,700 as of Mar 31, 2021
Mar 27, 20131,600 then
Private funds: no history
RAUM +23% over the last fiscal year+16% a year over threeIARs 1,400 to 1,400
Practice profile
derived from the filing of Sep 17, 2021; every figure names its basis
RAUM per advisor
$23.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
133derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.6MderivedHNW RAUM over HNW clients
Average account
$177,760derivedRAUM over accounts (5.F.2.f)
Discretionary
19%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
3.9derived358 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Financial planning clients
3,500reportedItem 5.H
Wrap fee program
$5.3BreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$28B85%
  • High-net-worth individuals$4.9B15%
  • Corporations and businesses$47.3M0.1%
  • Charitable organizations$39.2M0.1%
  • State and municipal entities$24.7M0.1%
  • Pension and profit-sharing plans$8.2M0.0%
Individual clients
183,258reported
HNW clients
3,121reported
Pension plan clients
17reported
Charitable clients
191reported
Accounts
187,019reported
Financial planning clients
3,500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Matthew Jon Audette · President And Chairman Of The Boardcontrol
    since 04/2021 · owns less than 5%
  • Elizabeth Ann Hansen · Svp And Chief Compliance Officercontrol
    since 04/2018 · owns less than 5%
  • Kirby Lepak Horan-Adams · Executive Vice Presidentcontrol
    since 04/2021 · owns less than 5%
  • Matthew Scott Kramper · Vp And Principal Operations Officercontrol
    since 10/2019 · owns less than 5%
  • Shawn Michael Mihal · Executive Vice Presidentcontrol
    since 11/2017 · owns less than 5%
  • Christopher Mills Mitchell · Assistant Treasurercontrol
    since 04/2021 · owns less than 5%
  • Michelle Oroschakoff · Vice-Chairman Of The Boardcontrol
    since 04/2021 · owns less than 5%
  • Brent Blain Simonich · Treasurercontrol
    since 04/2021 · owns less than 5%
  • Michael John Daley · Vp And Financial And Operations Principal
    since 05/2018 · owns less than 5%
Entity owners
  • Waddell & Reed Financial Services, Inc. · Shareholder
    direct · owns 75% or more
  • LPL Financial Holdings Inc. · Parent Company
    indirect · owns 75% or more of LPL Holdings, Inc. · public reporting company
  • LPL Holdings, Inc · Parent Company
    indirect · owns 75% or more of Waddell & Reed Financial Services, Inc
Related persons
Schedule D 7.A
  • Fiduciary Trust Company Of New Hampshire
    custodiann
  • Unicon Agency, Inc
    real estatey
  • W&R Insurance Agency, Inc
    real estatey
Advisers that list Waddell & Reed as a related person
Offices
Schedule D 1.F, the 25 largest
  • Edmond, OK21 employees
  • Lynnwood, WA18 employees
  • Hamden, CT18 employees
  • Edina, MN17 employees
  • Wyomissing, PA16 employees
  • Woburn, MA16 employees
  • Lees Summit, MO15 employees
  • Brea, CA14 employees
  • Pullman, WA14 employees
  • Mokena, IL14 employees
  • Vancouver, WA14 employees
  • Omaha, NE14 employees
  • Colorado Springs, CO13 employees
  • , 13 employees
  • Oak Brook, IL13 employees
  • San Antonio, TX13 employees
  • Bellingham, WA12 employees
  • Campbell, CA12 employees
  • Creve Coeur, MO12 employees
  • West Warwick, RI12 employees
  • Tacoma, WA11 employees
  • Manhattan, KS11 employees
  • Virginia Beach, VA11 employees
  • Portland, OR11 employees
  • Austin, TX11 employees
What changed
consecutive filings, newest first
  • Accounts · 180,314 to 187,019
    Mar 26, 2021 to Mar 31, 2021
  • Charity clients · 130 to 191
    Mar 26, 2021 to Mar 31, 2021
  • Corporate clients · 120 to 209
    Mar 26, 2021 to Mar 31, 2021
  • HNW clients · 1,969 to 3,121
    Mar 26, 2021 to Mar 31, 2021
  • Individual clients · 177,846 to 183,258
    Mar 26, 2021 to Mar 31, 2021
  • Pension plan clients · 16 to 17
    Mar 26, 2021 to Mar 31, 2021
  • Discretionary RAUM · $3.4B to $6.4B
    Mar 26, 2021 to Mar 31, 2021
  • HNW RAUM · $3.0B to $4.9B
    Mar 26, 2021 to Mar 31, 2021
  • Individual RAUM · $24B to $28B
    Mar 26, 2021 to Mar 31, 2021
  • Non-discretionary RAUM · $24B to $27B
    Mar 26, 2021 to Mar 31, 2021
  • Pension RAUM · $5.5M to $8.2M
    Mar 26, 2021 to Mar 31, 2021
  • RAUM · $27B to $33B
    Mar 26, 2021 to Mar 31, 2021
  • Accounts · 169,956 to 180,314
    Mar 27, 2020 to Mar 31, 2020
  • Charity clients · 116 to 130
    Mar 27, 2020 to Mar 31, 2020
  • Corporate clients · 346 to 120
    Mar 27, 2020 to Mar 31, 2020
  • HNW clients · 1,056 to 1,969
    Mar 27, 2020 to Mar 31, 2020
  • Individual clients · 168,169 to 177,846
    Mar 27, 2020 to Mar 31, 2020
  • Pension plan clients · 18 to 16
    Mar 27, 2020 to Mar 31, 2020
  • Discretionary RAUM · $1.4B to $3.4B
    Mar 27, 2020 to Mar 31, 2020
  • HNW RAUM · $1.6B to $3.0B
    Mar 27, 2020 to Mar 31, 2020
  • Individual RAUM · $19B to $24B
    Mar 27, 2020 to Mar 31, 2020
  • Non-discretionary RAUM · $20B to $24B
    Mar 27, 2020 to Mar 31, 2020
  • Pension RAUM · $7.9M to $5.5M
    Mar 27, 2020 to Mar 31, 2020
  • RAUM · $21B to $27B
    Mar 27, 2020 to Mar 31, 2020
  • Accounts · 153,672 to 169,956
    Jan 15, 2019 to Mar 29, 2019
  • Advisory employees · 2,000 to 1,700
    Jan 15, 2019 to Mar 29, 2019
  • Advisory activities · 5 to 6
    Jan 15, 2019 to Mar 29, 2019
  • BD registered reps · 2,000 to 1,700
    Jan 15, 2019 to Mar 29, 2019
  • Charity clients · 74 to 116
    Jan 15, 2019 to Mar 29, 2019
  • Corporate clients · 364 to 346
    Jan 15, 2019 to Mar 29, 2019
  • HNW clients · 1,136 to 1,056
    Jan 15, 2019 to Mar 29, 2019
  • Individual clients · 151,847 to 168,169
    Jan 15, 2019 to Mar 29, 2019
  • Pension plan clients · 21 to 18
    Jan 15, 2019 to Mar 29, 2019
  • Employees · 2,000 to 1,700
    Jan 15, 2019 to Mar 29, 2019
  • Insurance-licensed employees · 1,800 to 0
    Jan 15, 2019 to Mar 29, 2019
  • State-registered IARs · 2,000 to 1,400
    Jan 15, 2019 to Mar 29, 2019
  • Discretionary RAUM · $1.0B to $1.4B
    Jan 15, 2019 to Mar 29, 2019
  • HNW RAUM · $1.8B to $1.6B
    Jan 15, 2019 to Mar 29, 2019
  • Individual RAUM · $20B to $19B
    Jan 15, 2019 to Mar 29, 2019
  • Non-discretionary RAUM · $21B to $20B
    Jan 15, 2019 to Mar 29, 2019
Signals
17 dated events
  • Jacquelyn Elayne Glenn (Svp And Chief Supervisory Officer) no longer on Schedule A of Waddell & Reed (listed 2021-08-30, absent 2021-09-17)
    Sep 17, 2021 · Control person left · inference
  • Matthew Kirk Reeves (Svp And Head Of Product And Planning) no longer on Schedule A of Waddell & Reed (listed 2021-08-30, absent 2021-09-17)
    Sep 17, 2021 · Control person left · inference
  • Ann Teresa Erskine (Svp And Chief Anti-Money Laundering Officer) no longer on Schedule A of Waddell & Reed (listed 2021-08-23, absent 2021-08-30)
    Aug 30, 2021 · Control person left · inference
  • Brent Blain Simonich (Treasurer) appeared on Schedule A of Waddell & Reed
    Apr 30, 2021 · Control person joined · fact
  • Matthew Jon Audette (President And Chairman Of The Board) appeared on Schedule A of Waddell & Reed
    Apr 30, 2021 · Control person joined · fact
  • Michelle Oroschakoff (Vice-Chairman Of The Board) appeared on Schedule A of Waddell & Reed
    Apr 30, 2021 · Control person joined · fact
  • Kirby Lepak Horan-Adams (Executive Vice President) appeared on Schedule A of Waddell & Reed
    Apr 30, 2021 · Control person joined · fact
  • Mark Patrick Buyle (Svp And General Counsel) no longer on Schedule A of Waddell & Reed (listed 2021-04-26, absent 2021-04-30)
    Apr 30, 2021 · Control person left · inference
  • Brent Kyle Bloss (Svp, Chairman Of The Board, Director) no longer on Schedule A of Waddell & Reed (listed 2021-04-26, absent 2021-04-30)
    Apr 30, 2021 · Control person left · inference
  • Benjamin Russell Clouse (Svp, Director, Principal Financial Officer) no longer on Schedule A of Waddell & Reed (listed 2021-04-26, absent 2021-04-30)
    Apr 30, 2021 · Control person left · inference
  • Christopher Mills Mitchell (Assistant Treasurer) appeared on Schedule A of Waddell & Reed
    Apr 30, 2021 · Control person joined · fact
  • Ann Teresa Erskine (Svp And Chief Anti-Money Laundering Officer) appeared on Schedule A of Waddell & Reed
    Apr 30, 2021 · Control person joined · fact
  • Waddell & Reed reported RAUM $26.9B, up 27% from $21.2B (2020-03-27 to 2020-03-31)
    Mar 31, 2020 · RAUM change · derived
  • Craig A Junkins (Svp And Principal Operations Officer) no longer on Schedule A of Waddell & Reed (listed 2019-08-09, absent 2019-10-07)
    Oct 7, 2019 · Control person left · inference
  • Matthew Scott Kramper (Vp And Principal Operations Officer) appeared on Schedule A of Waddell & Reed
    Oct 7, 2019 · Control person joined · fact
  • Lori Ann Dorsey (Senior Vice President And Chief Marketing Officer) no longer on Schedule A of Waddell & Reed (listed 2019-03-29, absent 2019-04-17)
    Apr 17, 2019 · Control person left · inference
  • Waddell & Reed reported 1400 state-registered advisory representatives, down from 2000 (2019-01-15 to 2019-03-29)
    Mar 29, 2019 · Advisor headcount change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026