Exhibit 21

Subsidiaries of the Company

			Jurisdiction of
	Name		Incorporation or Formation
Waddell & Reed Financial Services, Inc.		Missouri
Waddell & Reed, Inc.		Delaware
Waddell & Reed Investment Management Company		Kansas
Waddell & Reed Services Company		Missouri
Ivy Investment Management Company		Delaware
Ivy Funds Distributor, Inc.		Florida
W & R Capital Management Group, Inc.		Delaware
W & R Corporate LLC		Delaware
W & R Insurance Agency, Inc.		Missouri
W & R Insurance Agency of Alabama, Inc.		Alabama
W & R Insurance Agency of Montana, Inc.		Montana
W & R Insurance Agency of Nevada, Inc.		Nevada
W & R Insurance Agency of Utah, Inc.		Utah
W & R Insurance Agency of Wisconsin, Inc.		Wisconsin
Unicon Agency, Inc.		New York
Unicon Insurance Agency of Massachusetts, Inc.		Massachusetts
Fiduciary Trust Company of New Hampshire		New Hampshire
Austin, Calvert & Flavin, Inc.		Texas
Legend Group Holdings, LLC		Delaware
Legend Advisory Corporation		New York
Legend Equities Corporation		Delaware
Advisory Services Corporation		Nevada
The Legend Group, Inc.		Delaware
LEC Insurance Agency, Inc.		Texas