UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
Annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended December 31, 2012
Commission file number 001-13913
WADDELL & REED FINANCIAL, INC.
401(K) AND THRIFT PLAN, AS AMENDED AND RESTATED
(Full title of the Plan)
WADDELL & REED FINANCIAL, INC.
6300 Lamar Avenue
Overland Park, Kansas 66202
913-236-2000
(Name of issuer of securities held pursuant to the Plan)
Report of Independent Registered Public Accounting Firm
The Plan Administrators
Waddell & Reed Financial, Inc.
401(k) and Thrift Plan:
We have audited the accompanying statements of net assets available for benefits of the Waddell & Reed Financial, Inc. 401(k) and Thrift Plan (the Plan) as of December 31, 2012 and 2011, and the related statement of changes in net assets available for benefits for the year ended December 31, 2012. These financial statements are the responsibility of the Plans management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Waddell & Reed Financial, Inc. 401(k) and Thrift Plan as of December 31, 2012 and 2011, and the changes in net assets available for benefits for the year ended December 31, 2012, in conformity with accounting principles generally accepted in the United States of America.
Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental Schedule 1 Schedule of Assets Held for Investment Purposes as of December 31, 2012 is presented for the purpose of additional analysis and is not a required part of the basic financial statements, but is supplementary information required by the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental schedule is the responsibility of the Plans management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the basic financial statements taken as a whole.
/s/ KPMG LLP
Kansas City, Missouri
June 27, 2013
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Statements of Net Assets Available for Benefits
December 31, 2012 and 2011
|
|
2012 |
|
2011 |
| |
Investments at fair value |
|
$ |
165,118,239 |
|
138,515,377 |
|
Contributions and rollover receivable from participants |
|
279,153 |
|
253,799 |
| |
Contributions receivable from participating employers |
|
575,999 |
|
553,749 |
| |
Receivable for pending trades and dividends |
|
199,625 |
|
489,841 |
| |
Net assets available for benefits |
|
$ |
166,173,016 |
|
139,812,766 |
|
See accompanying notes to financial statements.
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Statement of Changes in Net Assets Available for Benefits
Year ended December 31, 2012
Investment income: |
|
|
| |
Dividends stock |
$ |
|
357,972 |
|
Dividends mutual funds |
|
2,117,697 |
| |
Net appreciation in the fair value of investments |
|
18,895,421 |
| |
Total investment income |
|
21,371,090 |
| |
Contributions: |
|
|
| |
Participants |
|
9,724,040 |
| |
Employer |
|
4,653,393 |
| |
Participant rollovers |
|
546,635 |
| |
Total contributions |
|
14,924,068 |
| |
Benefits paid to participants |
|
(9,934,908 |
) | |
Net increase |
|
26,360,250 |
| |
Net assets available for benefits: |
|
|
| |
Beginning of year |
|
139,812,766 |
| |
End of year |
$ |
|
166,173,016 |
|
See accompanying notes to financial statements.
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
December 31, 2012 and 2011
(1) Description of Plan
The following brief description of the Waddell & Reed Financial, Inc. 401(k) and Thrift Plan, as amended and restated (the Plan), is provided for general information purposes only. Participants should refer to the Plan document for more complete information.
(a) General
The Plan is a defined contribution plan covering substantially all employees of Waddell & Reed Financial, Inc. and subsidiaries who have 30 days of service for Waddell & Reed Financial, Inc. or a subsidiary. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Plan administration is accomplished through a committee of six persons who have authority to arbitrate disputes and settle claims arising under the Plan.
(b) Contributions
Participants are allowed to make semi-monthly pretax and aftertax contributions not to exceed eligible earnings less required social security tax withholdings, subject to Internal Revenue Service (the IRS) annual limitations of $17,000 for 2012 and $16,500 for 2011; $22,500 for 2012 and $22,000 for 2011 if the participant is 50 years of age or older. The Plan provides for a matching employer contribution of 100% of the first 3% of compensation and 50% of the next 2% of compensation that the participant contributes. Employer matching contributions are pretax and begin after the participant completes 12 consecutive months of service.
Participants direct the investment of participant and employer matching contributions among investment options available under the Plan.
(c) Participant Accounts and Vesting
Each participants account is credited with their contribution, the employers matching contribution, and earnings on their participant and employer account balances. Participants vest immediately in their contributions, employer matching contributions, and actual earnings thereon.
(d) Participant Loans
Participant loans are not permitted.
(e) Payment of Benefits
Upon termination of service for any reason and election to withdraw from the Plan, a participant is paid a lump-sum distribution. Former employees can elect not to withdraw from the Plan, but cannot continue to make contributions to the Plan.
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
(2) Summary of Significant Accounting Policies
(a) Basis of Presentation
The accompanying financial statements have been prepared in conformity with U.S. generally accepted accounting principles (GAAP) and present the Plans net assets available for benefits and changes in those net assets using the accrual method of accounting.
The Plan allows contributions to be invested in Waddell & Reed Financial, Inc. Class A common stock and certain mutual fund shares of (i) the Waddell & Reed Advisors Group of Mutual Funds and (ii) the Ivy Funds. Waddell and Reed Investment Management Company and Ivy Investment Management Company, participating employers in the Plan, manage the Waddell & Reed Advisors Group of Mutual Funds and the Ivy Funds, respectively. BMO Harris Bank N.A. serves as the trustee for the Plan.
The Plan had 1,758 and 1,709 participants at December 31, 2012 and 2011, respectively. At December 31, 2012, 483 of the 1,758 participants in the Plan were former employees who had elected not to withdraw from the Plan. At December 31, 2011, 360 of the 1,709 participants in the Plan were former employees who had elected not to withdraw from the Plan.
(b) Use of Estimates
The preparation of financial statements in conformity with GAAP requires the plan administrator to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
(c) Investment Valuation and Income Recognition
Investments are reported at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Plans investments in the mutual fund shares are valued at the net asset value of shares held by the Plan at year-end. Quoted market prices are used to value or derive the value of investments.
Purchases and sales of securities are recorded on a trade-date basis (the date the order to buy or sell is executed). Dividend income is recorded on the ex-dividend date. Net appreciation (depreciation) includes the Plans gains and losses on investments bought and sold as well as held during the year.
(d) Payment of Benefits and Administrative Expenses
Benefits are recorded when paid. Administrative expenses are paid by the participating employers listed in note 4.
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
(3) Plan Investments
(a) Fair Value
The following presents the number of shares and fair value of common stock and mutual fund investments held by the Plan as of December 31, 2012 and 2011.
|
|
Number |
|
|
| |
December 31, 2012 |
|
of shares |
|
Fair value |
| |
Waddell & Reed Financial, Inc. Class A common stock |
|
203,139 |
|
$ |
7,073,300 |
|
Cash equivalents |
|
|
|
87,405 |
| |
Waddell & Reed Advisors Group of Mutual Funds shares: |
|
|
|
|
| |
Accumulative |
|
371,935 |
|
3,057,305 |
| |
Asset Strategy |
|
1,343,184 |
|
13,257,223 |
| |
Bond |
|
374,878 |
|
2,485,441 |
| |
Cash Management |
|
13,110,468 |
|
13,110,468 |
| |
Continental Income |
|
398,654 |
|
3,428,425 |
| |
Core Investment |
|
1,481,118 |
|
9,375,478 |
| |
Dividend Opportunities |
|
96,139 |
|
1,478,615 |
| |
Energy |
|
134,106 |
|
1,699,122 |
| |
Global Bond |
|
856,620 |
|
3,400,781 |
| |
Government Securities |
|
518,671 |
|
3,003,103 |
| |
High Income |
|
604,454 |
|
4,563,628 |
| |
International Growth |
|
474,878 |
|
4,900,742 |
| |
New Concepts |
|
912,631 |
|
9,746,902 |
| |
Science and Technology |
|
862,465 |
|
10,453,075 |
| |
Small Cap |
|
358,798 |
|
5,590,071 |
| |
Value |
|
226,966 |
|
2,932,395 |
| |
Vanguard |
|
674,961 |
|
6,121,893 |
| |
Total Waddell & Reed Advisors Group of Mutual Funds shares |
|
|
|
98,604,667 |
| |
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
|
|
Number |
|
|
| |
December 31, 2012 |
|
of shares |
|
Fair value |
| |
Ivy Funds shares: |
|
|
|
|
| |
Asset Strategy |
|
329,948 |
|
$ |
8,601,746 |
|
Asset Strategy New Opportunities |
|
277,287 |
|
2,961,429 |
| |
Bond |
|
98,424 |
|
1,054,121 |
| |
Core Equity |
|
111,415 |
|
1,345,889 |
| |
Cundill Global Value |
|
86,800 |
|
1,201,312 |
| |
European Opportunities |
|
50,262 |
|
1,212,812 |
| |
Global Equity Income |
|
31,101 |
|
349,891 |
| |
Global Income Allocation |
|
94,572 |
|
1,367,510 |
| |
Global Natural Resources |
|
390,742 |
|
6,787,188 |
| |
High Income |
|
427,336 |
|
3,649,447 |
| |
International Core Equity |
|
150,777 |
|
2,334,030 |
| |
International Growth |
|
43,630 |
|
1,527,067 |
| |
Large Cap Growth |
|
206,616 |
|
3,097,178 |
| |
Limited-Term Bond |
|
323,937 |
|
3,628,090 |
| |
Micro Cap Growth |
|
67,666 |
|
1,224,079 |
| |
Mid Cap Growth |
|
120,475 |
|
2,332,404 |
| |
Pacific Opportunities |
|
416,212 |
|
6,097,511 |
| |
Real Estate Securities |
|
103,259 |
|
2,322,289 |
| |
Science And Technology |
|
98,375 |
|
3,720,531 |
| |
Small Cap Growth |
|
210,639 |
|
3,547,156 |
| |
Small Cap Value |
|
62,182 |
|
991,187 |
| |
Total Ivy Funds shares |
|
|
|
59,352,867 |
| |
Total investments |
|
|
|
$ |
165,118,239 |
|
Cash equivalents consist of shares of the BMO Prime Money Market Fund Class Y.
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
|
|
Number |
|
|
| |
December 31, 2011 |
|
of shares |
|
Fair value |
| |
Waddell & Reed Financial, Inc. Class A common stock |
|
292,647 |
|
$ |
7,248,866 |
|
Cash equivalents |
|
|
|
155,105 |
| |
Waddell & Reed Advisors Group of Mutual Funds shares: |
|
|
|
|
| |
Accumulative |
|
509,334 |
|
3,753,788 |
| |
Asset Strategy |
|
1,334,909 |
|
11,333,375 |
| |
Bond |
|
324,288 |
|
2,098,141 |
| |
Cash Management |
|
9,600,698 |
|
9,600,698 |
| |
Continental Income |
|
258,957 |
|
2,115,679 |
| |
Core Investment |
|
1,371,346 |
|
7,844,099 |
| |
Dividend Opportunities |
|
111,621 |
|
1,552,654 |
| |
Energy |
|
140,463 |
|
1,754,387 |
| |
Global Bond |
|
697,899 |
|
2,721,804 |
| |
Government Securities |
|
431,215 |
|
2,513,985 |
| |
High Income |
|
409,006 |
|
2,805,780 |
| |
International Growth |
|
483,358 |
|
4,229,380 |
| |
New Concepts |
|
921,756 |
|
9,051,644 |
| |
Science and Technology |
|
854,662 |
|
8,247,486 |
| |
Small Cap |
|
348,389 |
|
4,926,216 |
| |
Value |
|
239,135 |
|
2,637,656 |
| |
Vanguard |
|
697,985 |
|
5,974,755 |
| |
Total Waddell & Reed Advisors Group of Mutual Funds shares |
|
|
|
83,161,527 |
| |
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
|
|
Number |
|
|
| |
December 31, 2011 |
|
of shares |
|
Fair value |
| |
Ivy Funds shares: |
|
|
|
|
| |
Asset Strategy |
|
264,389 |
|
$ |
5,935,528 |
|
Asset Strategy New Opportunities |
|
332,515 |
|
3,168,868 |
| |
Bond |
|
72,262 |
|
750,080 |
| |
Core Equity |
|
85,920 |
|
886,691 |
| |
Cundill Global Value |
|
87,744 |
|
991,507 |
| |
European Opportunities |
|
59,527 |
|
1,212,568 |
| |
Global Natural Resources |
|
385,643 |
|
6,694,760 |
| |
High Income |
|
338,906 |
|
2,701,084 |
| |
International Balanced |
|
68,593 |
|
936,976 |
| |
International Core Equity |
|
153,376 |
|
2,121,192 |
| |
International Growth |
|
39,349 |
|
1,182,821 |
| |
Large Cap Growth |
|
216,407 |
|
2,938,803 |
| |
Limited-Term Bond |
|
244,946 |
|
2,726,253 |
| |
Micro Cap Growth |
|
63,857 |
|
1,029,367 |
| |
Mid Cap Growth |
|
110,676 |
|
1,899,207 |
| |
Pacific Opportunities |
|
323,349 |
|
4,077,427 |
| |
Real Estate Securities |
|
92,243 |
|
1,782,130 |
| |
Science And Technology |
|
99,924 |
|
2,992,711 |
| |
Small Cap Growth |
|
196,489 |
|
2,929,651 |
| |
Small Cap Value |
|
71,078 |
|
992,255 |
| |
Total Ivy Funds shares |
|
|
|
47,949,879 |
| |
Total investments |
|
|
|
$ |
138,515,377 |
|
Cash equivalents consist of shares of the Marshall Prime Money Market Fund Class Y.
(b) Fair Value Measures
Accounting standards establish a framework for measuring fair value and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of the asset. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset. An individual investments fair value measurement is assigned a level based upon the observability of the inputs. The three-level hierarchy of inputs is summarized as follows:
· |
|
Level 1 Investments are valued using quoted prices in active markets for identical securities. |
|
|
|
· |
|
Level 2 Investments are valued using other significant observable inputs, including quoted prices in active markets for similar securities. |
|
|
|
· |
|
Level 3 Investments are valued using significant unobservable inputs, including the Plans own assumptions in determining the fair value of investments. |
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
Assets classified as Level 2 can have a variety of observable inputs. These observable inputs are collected and utilized, primarily by an independent pricing service, in different evaluated pricing approaches depending upon the specific asset to determine a value.
Securities values classified as Level 3 are primarily determined through the use of a single quote (or multiple quotes) from dealers in the securities using proprietary valuation models. These quotes involve significant unobservable inputs, and thus, the related securities are classified as Level 3 securities.
At December 31, 2012 and 2011, all of the Plans investments were Level 1 investments.
(c) Change in Fair Values
During 2012, the Plans investments (including gains and losses on investments bought and sold as well as held during the year) appreciated by $18,895,421 as follows:
|
|
2012 |
| |
Waddell & Reed Financial, Inc. Class A common stock |
|
$ |
2,511,943 |
|
Waddell & Reed Advisors Group of Mutual Funds: |
|
|
| |
Accumulative |
|
349,753 |
| |
Asset Strategy |
|
1,864,689 |
| |
Bond |
|
53,366 |
| |
Continental Income |
|
236,019 |
| |
Core Investment |
|
1,382,284 |
| |
Dividend Opportunities |
|
159,456 |
| |
Energy |
|
47,627 |
| |
Global Bond |
|
67,214 |
| |
Government Securities |
|
(2,596 |
) | |
High Income |
|
330,980 |
| |
International Growth |
|
755,658 |
| |
New Concepts |
|
1,140,510 |
| |
Science and Technology |
|
2,291,443 |
| |
Small Cap |
|
770,772 |
| |
Value |
|
453,277 |
| |
Vanguard |
|
601,193 |
| |
Total Waddell & Reed Advisors Group of Mutual Funds |
|
10,501,645 |
| |
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
|
|
2012 |
| ||
Ivy Funds: |
|
|
| ||
Asset Strategy |
|
$ |
|
1,023,357 |
|
Asset Strategy New Opportunities |
|
353,619 |
| ||
Bond |
|
30,274 |
| ||
Core Equity |
|
166,403 |
| ||
Cundill Global Value |
|
218,895 |
| ||
European Opportunities |
|
215,743 |
| ||
Global Equity Income |
|
19,804 |
| ||
Global Income Allocation |
|
59,436 |
| ||
Global Natural Resources |
|
(58,479 |
) | ||
High Income |
|
264,541 |
| ||
International Core Equity |
|
241,929 |
| ||
International Growth |
|
195,285 |
| ||
Large Cap Growth |
|
316,438 |
| ||
Limited-Term Bond |
|
28,497 |
| ||
Micro Cap Growth |
|
129,375 |
| ||
Mid Cap Growth |
|
266,766 |
| ||
Pacific Opportunities |
|
700,006 |
| ||
Real Estate Securities |
|
296,209 |
| ||
Science and Technology |
|
788,399 |
| ||
Small Cap Growth |
|
458,033 |
| ||
Small Cap Value |
|
167,303 |
| ||
Total Ivy Funds |
|
5,881,833 |
| ||
Net appreciation |
|
$ |
18,895,421 |
| |
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
(4) Contributions by Participants and Participating Employers
The contributions of participants and each participating employer to the Plan for the year ended December 31, 2012 are as follows:
|
|
2012 |
| |||
|
|
Participant |
|
Employer |
| |
Waddell & Reed Financial, Inc. |
|
$ |
38,675 |
|
16,068 |
|
Waddell & Reed, Inc. |
|
3,396,112 |
|
1,533,460 |
| |
Waddell & Reed Investment Management Company |
|
1,378,562 |
|
728,870 |
| |
Waddell & Reed Services Company |
|
610,427 |
|
340,914 |
| |
The Legend Group of Companies |
|
530,885 |
|
246,695 |
| |
Ivy Funds Distributor, Inc. |
|
1,456,833 |
|
767,854 |
| |
W&R Corporate LLC |
|
2,161,215 |
|
943,629 |
| |
W&R Capital Management Group, Inc. |
|
151,331 |
|
75,903 |
| |
|
|
$ |
9,724,040 |
|
4,653,393 |
|
(5) Related-Party Transactions
Plan investments include shares of mutual funds managed by Waddell & Reed Investment Management Company and Ivy Investment Management Company, as well as shares of Waddell & Reed Financial, Inc. Class A common stock. Waddell & Reed Financial, Inc. and its affiliates are the sponsors, as defined by the Plan, and therefore, these transactions qualify as party in interest. Fees incurred by the Plan for investment management services are included in net appreciation in fair value of investments.
(6) Plan Termination
Although it has not expressed any intent to do so, Waddell & Reed Financial, Inc. has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. All plan assets would be distributed in the event of plan termination.
(7) Tax Status
The IRS has determined and informed Waddell & Reed Financial, Inc. by a letter dated May 9, 2012 that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code of 1980, as amended. The plan administrator and the Plans tax counsel are not aware of any activity or transactions that would adversely affect the qualified status of the Plan.
In accordance with GAAP, plan management is required to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2012, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan currently has no audits for any tax periods in progress.
(Continued)
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Notes to Financial Statements
December 31, 2012 and 2011
(8) Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants account balances and the amounts reported in the statements of net assets available for benefits.
(9) Reconciliation of Financial Statements to the Form 5500
At December 31, 2012, $40,286 in benefit payments had been processed and approved for payment, but had not yet been paid. This amount is presented herein as a component of net assets in the accompanying financial statements, but is presented as a liability of the Plan on the Form 5500.
The following is a reconciliation of net assets available for retirement benefits per the financial statements to the Form 5500 at December 31, 2012 and 2011:
|
|
2012 |
|
2011 |
| |
Net assets available for retirement benefits per the financial statements |
|
$ |
166,173,016 |
|
139,812,766 |
|
Benefits payable |
|
(40,286 |
) |
(1,065,647 |
) | |
Net assets available for retirement benefits per the Form 5500 |
|
$ |
166,132,730 |
|
138,747,119 |
|
The following is a reconciliation of benefits paid per the financial statements to the Form 5500 for the year ended December 31, 2012:
|
|
2012 |
|
2011 |
| |
Benefits paid |
|
$ |
9,934,908 |
|
7,386,345 |
|
Add benefits payable at end of year |
|
40,286 |
|
1,065,647 |
| |
Less benefits payable at beginning of year |
|
(1,065,647 |
) |
|
| |
Benefits paid per the Form 5500 |
|
$ |
8,909,547 |
|
8,451,992 |
|
Schedule 1
WADDELL & REED FINANCIAL, INC.
401(k) AND THRIFT PLAN
Schedule of Assets Held for Investment Purposes
December 31, 2012
Identity of issuer, borrower, |
|
|
|
|
|
Current |
| ||
lessor, or similar party |
|
|
|
Description of investment |
|
value |
| ||
* Waddell & Reed Financial, Inc. |
|
203,139 |
|
Shares of Class A common stock |
|
$ |
7,073,300 |
| |
Cash equivalents |
|
|
|
BMO Prime Money Market Fund Class Y |
|
87,405 |
| ||
|
|
|
|
|
|
7,160,705 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
371,935 |
|
Shares of Accumulative |
|
3,057,305 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
1,343,184 |
|
Shares of Asset Strategy |
|
13,257,223 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
374,878 |
|
Shares of Bond |
|
2,485,441 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
13,110,468 |
|
Shares of Cash Management |
|
13,110,468 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
398,654 |
|
Shares of Continental Income |
|
3,428,425 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
1,481,118 |
|
Shares of Core Investment |
|
9,375,478 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
96,139 |
|
Shares of Dividend Opportunities |
|
1,478,615 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
134,106 |
|
Shares of Energy |
|
1,699,122 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
856,620 |
|
Shares of Global Bond |
|
3,400,781 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
518,671 |
|
Shares of Government Securities |
|
3,003,103 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
604,454 |
|
Shares of High Income |
|
4,563,628 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
474,878 |
|
Shares of International Growth |
|
4,900,742 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
912,631 |
|
Shares of New Concepts |
|
9,746,902 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
862,465 |
|
Shares of Science and Technology |
|
10,453,075 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
358,798 |
|
Shares of Small Cap |
|
5,590,071 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
226,966 |
|
Shares of Value |
|
2,932,395 |
| ||
* Waddell & Reed Advisors Group of Mutual Funds |
|
674,961 |
|
Shares of Vanguard |
|
6,121,893 |
| ||
Total Waddell & Reed Advisors Group of Mutual Funds |
|
|
|
|
|
98,604,667 |
| ||
* Ivy Funds |
|
329,948 |
|
Shares of Asset Strategy |
|
8,601,746 |
| ||
* Ivy Funds |
|
277,287 |
|
Shares of Asset Strategy New Opportunities |
|
2,961,429 |
| ||
* Ivy Funds |
|
98,424 |
|
Shares of Bond |
|
1,054,121 |
| ||
* Ivy Funds |
|
111,415 |
|
Shares of Core Equity |
|
1,345,889 |
| ||
* Ivy Funds |
|
86,800 |
|
Shares of Cundill Global Value |
|
1,201,312 |
| ||
* Ivy Funds |
|
50,262 |
|
Shares of European Opportunities |
|
1,212,812 |
| ||
* Ivy Funds |
|
31,101 |
|
Shares of Global Equity Income |
|
349,891 |
| ||
* Ivy Funds |
|
94,572 |
|
Shares of Global Income Allocation |
|
1,367,510 |
| ||
* Ivy Funds |
|
390,742 |
|
Shares of Global Natural Resources |
|
6,787,188 |
| ||
* Ivy Funds |
|
427,336 |
|
Shares of High Income |
|
3,649,447 |
| ||
* Ivy Funds |
|
150,777 |
|
Shares of International Core Equity |
|
2,334,030 |
| ||
* Ivy Funds |
|
43,630 |
|
Shares of International Growth |
|
1,527,067 |
| ||
* Ivy Funds |
|
206,616 |
|
Shares of Large Cap Growth |
|
3,097,178 |
| ||
* Ivy Funds |
|
323,937 |
|
Shares of Limited-Term Bond |
|
3,628,090 |
| ||
* Ivy Funds |
|
67,666 |
|
Shares of Micro Cap Growth |
|
1,224,079 |
| ||
* Ivy Funds |
|
120,475 |
|
Shares of Mid Cap Growth |
|
2,332,404 |
| ||
* Ivy Funds |
|
416,212 |
|
Shares of Pacific Opportunities |
|
6,097,511 |
| ||
* Ivy Funds |
|
103,259 |
|
Shares of Real Estate Securities |
|
2,322,289 |
| ||
* Ivy Funds |
|
98,375 |
|
Shares of Science And Technology |
|
3,720,531 |
| ||
* Ivy Funds |
|
210,639 |
|
Shares of Small Cap Growth |
|
3,547,156 |
| ||
* Ivy Funds |
|
62,182 |
|
Shares of Small Cap Value |
|
991,187 |
| ||
Total Ivy Funds |
|
|
|
|
|
59,352,867 |
| ||
Total investments |
|
|
|
|
|
$ |
165,118,239 |
| |
* Indicates party-in-interest investment
See accompanying report of independent registered public accounting firm.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Administrative Committee of the Plan has duly caused this annual report to be signed on its behalf by the undersigned, hereunto duly authorized, in the City of Overland Park, State of Kansas, on June 27, 2013.
|
WADDELL & REED FINANCIAL, INC. | |||
|
401(K) AND THRIFT PLAN, AS AMENDED AND RESTATED | |||
|
| |||
|
| |||
|
By: |
/s/ Brent K. Bloss | ||
|
|
Brent K. Bloss, Member | ||
|
|
Administrative Committee | ||
|
| |||
|
| |||
|
By: |
/s/ Daniel P. Connealy | ||
|
|
Daniel P. Connealy, Member | ||
|
|
Administrative Committee | ||
|
| |||
|
| |||
|
By: |
/s/ Sara L. Kircher | ||
|
|
Sara L. Kircher, Member | ||
|
|
Administrative Committee | ||
|
| |||
|
| |||
|
By: |
/s/ Mark S. Newman | ||
|
|
Mark S. Newman, Member | ||
|
|
Administrative Committee | ||
|
| |||
|
| |||
|
By: |
/s/ Michael D. Strohm | ||
|
|
Michael D. Strohm, Member | ||
|
|
Administrative Committee | ||
|
| |||
|
| |||
|
By: |
/s/ John E. Sundeen, Jr. | ||
|
|
John E. Sundeen, Jr., Member | ||
|
|
Administrative Committee | ||
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
The Board of Directors
Waddell & Reed Financial, Inc.:
We consent to incorporation by reference in the Registration Statements on Form S-8 (No. 333-47567 and No. 333-69897) of Waddell & Reed Financial, Inc. of our report, dated June 27, 2013, with respect to the statements of net assets available for benefits of the Waddell & Reed Financial, Inc. 401(k) and Thrift Plan as of December 31, 2012 and 2011, the related statement of changes in net assets available for benefits for the year ended December 31, 2012, and the supplemental Schedule 1 Schedule of Assets Held for Investment Purposes as of December 31, 2012, which report appears in the December 31, 2012 annual report for Form 11-K of the Waddell & Reed Financial, Inc. 401(k) and Thrift Plan.
/s/ KPMG LLP |
|
Kansas City, Missouri |
June 27, 2013 |