Waddell & Reed Financial (WDR) Declares $0.34 Quarterly Dividend; 2.2% Yield

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Waddell & Reed Financial (WDR) Consulting Agreement with Caldwell Terminated

June 20, 2014 7:04 AM EDT

Waddell & Reed Financial (NYSE: WDR) announced that the previously disclosed consulting agreement with former portfolio manager Ryan Caldwell has not come to fruition and is not being pursued.

Caldwell, formerly co-portfolio manager of the companys Asset Strategy portfoliosincluding mutual funds and institutional accountsresigned... More