Whats up at Waddell and Reed?

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Jan 21, 2006 3:12 pm

They're very intensively trying to recruit me with interviews and such. I'm not sure of their background and reputation. Any thoughts?

Jan 21, 2006 3:30 pm

They have been around a while.  Not sure that they have a very good rep.

Jan 22, 2006 9:16 pm

I just left W & R....Had a good first year there and moved on to somewhere where longevity is the goal. There funds in 05 did well though. They just have no national advertising. You have to explain to everyone who Waddell & Reed is. Hank Hermann the CEO is a stand-up guy though. He is respected on the street. Minimal training, products, and you have to expense everything. It really depends on who your branch manager is.

Jan 23, 2006 1:16 am

W&R sucks...  unless you like blue collar houses.

Feb 21, 2006 4:53 pm

doesn't sound like a place for anyone really trying to make it in this business.  The guys I see around locally typically have the $150 suits and look like they are there because their booze habbits cost them their real jobs at a wire...Just what I see locally.