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Waddell & Reed Overview
Work here? Get a FREE Employer AccountOverland 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
Waddell & Reed359Approve of CEO
Philip Sanders
23 Ratings
![Waddell & Reed Logo]()
"Great Benefits, Good Work Environment, Questionable Decisions"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsNeutral OutlookNo opinion of CEOI 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.
Waddell & Reed 2018-04-15 09:09 PDT
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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- Declined OfferNeutral ExperienceEasy InterviewWaddell & Reed 2017-10-11 16:30 PDT
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
Waddell & Reed Awards & Accolades
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