Waddell & Reed

Your Career Path

Your career path can take two directions: the financial advisor track or the leadership track. Whether you want to grow within your role as an advisor or pursue a leadership path, you can choose the direction that meets your personal and professional strengths and goals.

Classic Financial Advisor
As a recent college graduate, a professional changing industries or someone already working in the financial services industry, you will help your clients build their financial future with our comprehensive financial planning approach and a full range of investment and insurance solutions. Trust Waddell & Reed to provide professional development and mentoring – in the beginning and throughout your career – to help you achieve success and fulfillment as a financial advisor. The Classic financial advisor opportunity is what you're exploring now.

Choice Financial Advisor
Most of our advisors find that the Classic model enables them to meet their clients' needs fully. If, however, you want to access a larger span of products and a more automated format for managing your business, you might in time wish to explore our Choice Financial Advisor model. To do so, you will be required to meet a number of criteria, including minimum assets under management and/or minimum production levels.

Whether you choose Classic or Choice, we are committed to providing you all of the resources necessary to help your clients meet their objectives and to succeed as a financial advisor.

Leadership University
This program is offered to assist field leaders in developing leadership competencies including effectively utilizing resources, integrating into a system, selling benefits to others, and impacting and adapting to local situations. Programs are delivered at regional and national conferences and through scholarship-supported programs. Leadership University also builds skills needed for promotion into a leadership role and lays a clear career track for those interested in management. As part of this program, we also encourage managers to participate in GAMA International, an association dedicated to supporting field leaders in the financial services and insurance industries.

District Manager/District Branch Manager
Recruit, select, develop and motivate a team of Financial Advisors. District offices may be housed within the division or at an independent location.

Associate Managing Principal
Assist a division and demonstrate its ability to perform duties that ensure growth in sales, number of advisors, new client acquisition, assets under management and advisor productivity. Success can lead to a division office within six to 12 months.

Managing Principal/Complex Managing Principal
Lead the division office(s) in key strategic areas of business planning, sales growth and growth of the advisor force. Focus is to motivate and guide management team, Financial Advisors and administrative staff; remove roadblocks to success; oversee day-to-day operation of division office(s); support and execute corporate initiatives; implement appropriate compliance practices; and represent Waddell & Reed in the community and industry.

Regional Vice President
Shape and leads a team of Managing Principals1 within the region and assist them in the successful leadership of the divisions. Also, act as an advisory council to the National Sales Manager and impact company policy and direction.

1Includes Complex Managing Principals and Associate Managing Principals.