Waddell & Reed Financial, Inc. (NYSE:WDR) will release its fourth quarter earnings for 2009 on Thursday, January 28. The company will host a conference call at 11:00 am ET that morning to review the financial results. Joining the call will be Waddell & Reed Financial Chief Executive Officer Henry Herrmann. The call will be broadcasted online via webcast on the company’s website, www.waddell.com. The webcast will be available for instant replay from 1:00 pm ET January 28 to 11:59 pm ET February 3.
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Waddell & Reed Financial, Inc. conducts business through its subsidiaries, and provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds and institutional and separately managed accounts. The Company operates its business through three distribution channels: the Advisors channel, the Wholesale channel and the Institutional channel. In the Advisors channel, the Company’s sales force focuses its efforts on the sale of investment products advised by the Company. Wholesale channel efforts include retail fund distribution through broker/dealers, registered investment advisors and retirement platforms. Through its Institutional channel, the Company manages assets for defined benefit pension plans, other investment companies (as a subadvisor), defined contribution plans, endowments and high net worth clients.
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