What happened to Waddell and Reed?

Macquarie Group Completes Acquisition of Waddell & Reed Financial, Inc. NEW YORK–(BUSINESS WIRE)–Macquarie Asset Management (MAM), the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Waddell & Reed Financial, Inc.

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One may also ask, does Waddell and Reed own Ivy Funds?

Ivy Investments account access

This new look simply better reflects the mutual fund branding. The Ivy Funds are distributed by Ivy Distributors, Inc. and are managed by Ivy Investment Management Company, both of which are subsidiaries of Waddell & Reed Financial, Inc.

Then, how much does eMoney cost? At an annual cost of $3,600 per advisor for the recently upgraded 360 Pro package, eMoney is more expensive than the average financial planning application. A discounted annual price of $2,400 per advisor is available for firms with 2 or more advisors, as long as all advisors in the firm are included as subscribers.

Beside this, who is buying Waddell and Reed?

Macquarie Group

Who does Waddell and Reed clear through?

Waddell & Reed, Inc. (“W&R”) introduces transactions on a fully disclosed basis to our clearing firm, Pershing LLC (“Pershing”) .

How much is eMoney monthly?

As we just discussed, MoneyGuidePro cost about $100 a month while eMoney Advisor is over $300 a month. Now, they’re both financial planning software packages, and they’re both very capable.

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