Waddell & Reed Reviews

3.5
197 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Waddell & Reed President, CEO, and Director Hank Herrmann
Hank Herrmann
120 Ratings
  • Loved working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Los Angeles, CA
    Former Employee - Financial Advisor in Los Angeles, CA

    I worked at Waddell & Reed

    Pros

    -Fast growth opportunities
    -Great support system
    -Fun culture

    Cons

    -Largely commission based
    -IT is not too great

    Advice to ManagementAdvice

    -Offer more training to brokers

    Recommends
    Positive Outlook
    Approves of CEO

Waddell & Reed Interviews

Updated Mar 29, 2015
Updated Mar 29, 2015

Interview Experience

Interview Experience

54%
32%
12%

Getting an Interview

Getting an Interview

39%
23%
14%

Interview Difficulty

2.3
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Financial Advisor Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    I applied in-person – interviewed at Waddell & Reed.

    Interview Details

    Laid back interview, they want articulate people who are comfortable with aggressive selling. It's a typical financial "advisor" position which ironically doesn't involve much advising at all. Essentially you are selling products like mutual funds to a market demographic that's called your "specialization". You can make a ton of money in the field but not many people can cut the mustard.

    Interview Questions
    Declined Offer
    Neutral Experience
    Average Interview

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Additional Info

Unlock Profile
Website www.waddell.com
Headquarters Overland Park, KS
Size 1000 to 5000 Employees
Founded 1937
Type Company - Public (WDR)
Industry Finance
Revenue $1 to $2 billion (USD) per year

Waddell & Reed Financial is one of the oldest mutual fund managers in the US. Subsidiaries administer and distribute more than 80 mutual funds under the names Waddell & Reed Advisors Funds (the company's longest-running and largest fund complex), Ivy Funds (administered by Ivy Investment Management), and Waddell & Reed InvestEd Portfolios; they also manage accounts for institutional investors and private clients. The company sells annuities and insurance through alliances with third-party providers. Waddell & Reed has about 425 locations throughout the US, including more... More

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