Business Wire | Sep 14, 2020 06:45AM EDT

Waddell & Reed, Inc. Adds 10 Experienced Advisors

Sep. 14, 2020

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sep. 14, 2020--In a continuation of its strong recruiting efforts this year, Waddell & Reed, Inc. has added 10 experienced financial advisors to its national network within the last two months, with combined prior firm assets under administration (AUA) totaling $458.3 million and annual prior firm production totaling $3.5 million.

Since Jan. 1, 2020, 32 advisors, including those announced here, have affiliated with Waddell & Reed, driving new advisor revenues for the year to nearly $1.9 billion in AUA and $12.1 million annual production.

Advisor Prior Firm City, State Transition Date

Kristine Stewart, CFP^(r), CLU^(r), AXA Advisors Saint Johns, July 10,ChFC^(r), CASL^(r) Florida 2020

Shawn Graham Edward Jones Griffith, July 20, Indiana 2020

Vicki Andrews KMS Financial Normandy Park, July 20, Services Washington 2020

Edward G. Everitt, CPA, PFS KMS Financial Federal Way, July 20, Services Washington 2020

Al Nicolosi, CRPC^(r) Ameriprise Cherry Hill, New July 31, Financial Jersey 2020

Ethan Binnion, AAMS^(r), CRPC^(r) Edward Jones Plano, Texas Aug. 21, 2020

Scott Frazer, CFP^(r) Charles Schwab Parker, Colorado Aug. 31, 2020

Bobby Fairbrothers Oppenheimer & West Warwick, Sept. 1, Co., Inc. Rhode Island 2020

Kristin Hanneman Morgan Stanley Vancouver, Sept. 2, Washington 2020

Thomas Dias, CFP^(r) RBC Advisor Fresno, Sept. 4, Services California 2020

As part of its growth strategy, Waddell & Reed also continues its focus on advisor retention by advancing support, service and overall experience for its existing national network of independent advisors. This strategic evolution has been focused on technology enhancements, product expansion, increased compensation and broadening support through programs such as the Great Practice Solutions customized practice development program and the Wealth Solutions Group, a team of credentialed product and sales support experts.

Founded in 1937, Waddell & Reed, Inc. provides financial planning services to clients throughout the U.S. through its network of more than 1,300 financial advisors and advisor associates nationwide. Waddell & Reed, Inc. is a subsidiary of Waddell & Reed Financial, Inc. (NYSE: WDR). For more information about Waddell & Reed, visit waddell.com.

Securities and Investment Advisory Services offered through Waddell & Reed, Inc., a Broker/Dealer, Member FINRA/SIPC and Federally Registered Investment Advisor.

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CONTACT: Roger Hoadley VP, Communications rhoadley@waddell.com