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Waddell & Reed Overview

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Overland Park, KS (US)
1001 to 5000 employees
1937
Company - Public (WDR)
Investment Banking & Asset Management
$1 to $2 billion (USD) per year
Ameriprise, Raymond James Financial, Edward Jones
Founded in 1937, Waddell & Reed is one of the most enduring financial services firms in the U.S. Providing proven, professional investment management and financial planning services to individuals and institutional investors, we operate through three distinct ... Read more

Waddell & Reed Reviews

3.1
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Waddell & Reed CEO Philip Sanders
Philip Sanders
23 Ratings
  • "Great Benefits, Good Work Environment, Questionable Decisions"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Waddell & Reed full-time (More than 8 years)

    Pros

    W&R provides great benefits for their employees, a clean and modern work environment, and decent pay. The company is filled with great people that make the days go by quickly.

    Cons

    The management structure at W&R consists of group decision making which has its benefits but also leads to a lot of poor decisions and difficulty completing projects. The decision-making structure often comes at the cost of non-management employees.

    My main complaint is for people working within the Client Services division. The division is viewed as a cost center and employees, even if they are working a similar job function as people in other divisions, will be paid significantly less. You will have to fight to get anything more than a 3% raise even with a spectacular job performance.

    Advice to Management

    Value your Client Services employees more. They provide spectacular service to both the shareholders and advisors but non-management employees are always stuck on the bottom rungs of compensation. When it comes to projects, there is little accountability for poor decisions or missed deadlines for those in management. Those in the lower parts of the company structure often pay for those mistakes.

See All 427 Reviews

Waddell & Reed Photos

Waddell & Reed photo of: Campus- building 1
Waddell & Reed photo of: Office Building
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Waddell & Reed Interviews

Experience

Experience
56%
29%
15%

Getting an Interview

Getting an Interview
37%
24%
15%
11
7
5
1

Difficulty

2.3
Average

Difficulty

Hard
Average
Easy
  1.  

    Marketing Coordinator Interview

    Anonymous Interview Candidate
    Declined Offer
    Neutral Experience
    Easy Interview

    Application

    I applied online. The process took 2 weeks. I interviewed at Waddell & Reed.

    Interview

    Five different interviews between face to face and phone call. A bit of confusion between interviewers on what was already discussed and what steps needed to be taken. Overall easy questions.

    Interview Questions

    • How prepared are you for this position on a scale of 1 to 10?   Answer Question
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Waddell & Reed Awards & Accolades

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