Waddell & Reed

Recognizing Your Success

Superstarter Award
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.

Crest
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, a Mediterranean cruise and Berlin.

Chairman’s Cabinet
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, Lisbon and Brussels.

Advisor Medalist Program
Recognizing our top 250 Financial Advisors based on gross production1, this program rewards recipients with distinctive benefits, such as resources to help grow business, professional development and expedited business processes. Most significant is the Top Advisors’ Forum, a four-day visit to corporate headquarters for the top 75 advisors in this group to share ideas with senior management, investment managers, subject matter experts and other successful advisors.

Financial Planning Advisory Council
The Financial Planning Advisory Council is made up of the leaders in annual financial planning fees. This includes the top eight financial advisors, top two District Managers and top two Managing Principals.2 Members meet with senior management to offer thoughts and ideas on our financial planning services and programs. They also visit the home office to be recognized for their achievement.

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.

President’s Council
The top 12 advisors -- six Classic (based on gross production less 12b-1 fees1), six Choice (based on gross production2) -- nationwide form the President’s 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.

Chairman's Advisory Board
A select group of our leading Financial Advisors are appointed to serve a one-year term on the Chairman’s Advisory Board. Members advise the chairman and senior management regarding trends in the industry and the needs of our client base. Members are granted stock awards.

Seven Cs Recognition Award
This award pays tribute to a Financial Advisor and a Managing Principal3 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 Principals1 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 Principals1 to develop Financial Advisors, District Managers and Associate Managing Principals into Managing Principals and compensates them for the loss in their division. Awards include cash bonus and an invitation for you and a guest to the annual leadership summit.

Managing Principal1 and District Manager Stock Incentive Plan (Field Leadership only)
This program encourages Managing Principals1 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.


1Referred to as Production Gross Revenue in the 2014 Classic Advisor Compensation and Incentive Guide.

2Referred to as Total Gross Revenue in the 2014 Classic Advisor Compensation and Incentive Guide.

3Includes Complex Managing Principals and Associate Managing Principals.