About
Waddell & Reed Inc. serves as one of the brokers/dealers of Waddell & Reed Financial Inc., one of the oldest mutual fund complexes in the United States. It serves as a registered broker/dealer and investment adviser, acting primarily as the national distributor and underwriter for shares of Advisors Funds. The company is also a distributor of variable annuities and other insurance products issued by Nationwide Life Insurance Company, Minnesota Life Insurance Company and others. Waddell & Reed Financial Inc. provides investment management, investment product underwriting and distribution/shareholder services administration to mutual funds as well as institutional and separately managed accounts.