Where did my Waddell and Reed account go?
SAN DIEGO – April 30, 2021 – LPL Financial Holdings Inc. ... Over 900 Waddell & Reed advisors have committed to join LPL's platform. Collectively, the advisors serve approximately 95% of the $71B of client assets comprising Waddell & Reed's wealth management business, reported as of March 31, 2021.
Is Waddell and Reed now ivy?
Macquarie Group completes acquisition of Waddell & Reed Financial, Inc. Ivy Investments.
What happened to my Ivy investment account?
The Transaction closed on April 30, 2021. The InvestEd Portfolios and the Ivy Funds, as part of Delaware Funds by Macquarie, are now managed by Delaware Management Company, and Delaware Distributors, L.P. is now the distributor of the Ivy Funds and the InvestEd Portfolios.
Does Waddell and Reed own Ivy Funds?
On Dec. 2, 2020, Waddell & Reed (WDR), the parent company of Ivy Investments, announced that it would be acquired by Macquarie Asset Management and expects the deal to close in mid-2021.