An award and gift presented to our leading new financial advisors for attaining certain sales levels: Bronze Level — three months; Silver Level — six months; Gold Level — nine months.
Pacesetter Award/Pacesetter Gold Award
Awards that recognize outstanding sales in a financial advisor’s first full year in the business. Upon becoming a Pacesetter, you will be invited to attend the Circle of Champions meeting and receive special recognition for your accomplishments.
Circle of Champions
The Circle of Champions is a four-day annual meeting at an exclusive resort location. With top quality entertainment and a local flavor to the conference, you’ll meet, learn from and network with Waddell & Reed executive management, portfolio managers and your successful peers. Top Circle of Champions qualifiers are invited with a guest.
This special level of recognition for superior sales achievement earns you and a guest a week-long vacation at a once-in-a-lifetime destination. Past Crest trips have included: Vienna, Beijing, Puerto Rico, Paris and a Mediterranean cruise.
Our most prestigious incentive program for our most successful advisors, Chairman’s Cabinet is comprised of three levels of recognition. At the Platinum Level, advisors and their guests are invited to an exclusive three-day getaway prior to the Crest trip. Chairman’s Cabinet advisors can expect upgraded travel and other amenities. Past Chairman’s Cabinet trips have been to Shanghai, Prague and Lisbon.
Top Advisors’ Forum
At the annual Top Advisors’ Forum, our leading advisors in investment volume, financial planning and insurance participate in a four-day visit to our corporate headquarters. Advisors meet and share ideas with senior management, investment managers, subject matter experts and most importantly, other successful advisors, while enjoying the hospitality of Kansas City.
Financial Planning Advisory Council
The top eight financial advisors, top two district managers and top two division managers in annual financial planning fees are appointed to the Financial Planning Advisory Council. Members visit the home office to be recognized for their achievement and to meet with senior management to offer thoughts and ideas on our financial planning services and programs.
Million Dollar Club
Advisors reaching certain outstanding production levels are recognized at our annual Circle of Champions meeting and receive a prestigious award. Qualifiers also will select from a variety of premium gifts.
The top 12 advisors -- six Classic, six Choice -- nationwide form the President’s Council. Each member of the council receives a cash bonus and is invited to special meetings for teambuilding, professional development and networking with executive management.
Seven C’s Recognition Award
This award pays tribute to an advisor and a managing principal who consistently demonstrate the ideals called for in "the Seven Cs," a set of cultural principals that define who we are and underpin our business strategies. Candidates are nominated by their colleagues.
Leadership Council (Field Leadership only)
The top eight managing principals nationwide form the Leadership Council. Each member of the council receives a cash bonus and is invited to special meetings for team building, professional development and networking with executive management.
Field Management Incentive Program (Field Leadership only)
This program encourages managing principals to develop advisors, district managers and associate managers into managing principals and compensates them for the loss in their division. Awards include cash bonus, invitation for you and a guest to the annual leadership summit and credit toward upcoming incentive trips.
Managing Principal and District Manager Stock Incentive Plan (Field Leadership only)
This program encourages managing principals and district managers to recruit and develop new financial advisors. Managers are ranked based on numerous criteria including recruiting, development and sales. Members are granted stock awards.