Waddell & Reed

Brokerage & Cash Management

Like most people, you probably maintain a number of accounts, each to handle a different aspect of your finances. Would you like a complete view of your investments and cash holdings so your finances are easier to control? Now there's a way to get organized.

Waddell & Reed CHOICE is a full-service brokerage platform designed to help you and your financial advisor manage your investments more efficiently. Through Waddell & Reed Choice you'll have access to a ProCash Plus® asset management account. ProCash Plus® turns an ordinary investment account into a powerful asset management tool that consolidates your investing, checking, and MasterCard® debit services into one convenient account. Plus, all of your account activity is organized for you on one, comprehensive statement providing a complete picture of your portfolio — including your cash — empowering you to track and monitor your finances with ease.

Whether you invest in stocks, bonds, mutual funds, annuities, managed accounts or other investments, you will have all the power of an investment account plus the convenience of cash management features — resulting in easy money management. You'll see how much your money has earned, what your investments are worth, and where your money has been spent. Each quarter your realized investment gains and losses are reported to help you gauge your investment performance. And during tax season, you have all you need to prepare your taxes accurately and easily.

ProCash Plus® offers three levels of service - platinum, gold or silver - that provide a selection of features and money-saving benefits.

Unlimited Check Writing

Write an unlimited number of checks, in any amount, at any time, and earn money market fund yields until your checks clear.

Daily Cash Sweep

Uninvested cash is automatically swept into your Waddell & Reed Advisors Cash Management Account. 1

Direct Deposit.

Checks from your employer, pension plan, or Social Security earn money faster when you utilize electronic direct deposit.

Telephone Access

Our automated voice response service gives you immediate, anytime access to account information, including balances, deposit and withdrawal activity, and checking and debit card transactions.

Excess Account Protection

Member of SIPC, which protects securities customer of its members up to $500,000 (including $100,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.

EasyPay™ Funds Transfer System

This convenient, easy-to-use service allows you to transfer funds from other checking accounts to your ProCash Plus account, enabling you to promptly pay for the purchases of securities and transfer funds for future investments.3

BillSuite™ Online Bill Payment and Presentment Service

View, manage, and pay your bills from your ProCash Plus account online. 4

MasterCard® Convenience

Pay for goods and services with a MasterCard debit card wherever MasterCard is accepted.5

Worldwide ATM Access

ATM fees are waived with your MasterCard debit card at more than one million ATM locations around the world.6

MasterCard Travel Assistance Services

While traveling, MasterCard has you covered with information on travel requirements and currency exchange rates, road assistance services, luggage recovery services, burglary coverage, and more.

Cost-Basis Calculations

ProCash Plus provides cost-basis information on monthly statements so you know your potential gain or loss before you make investment decisions.

Dividend Reinvestment

Increase your earning potential by automatically reinvesting dividends at no cost. Distributions also can be deposited into your money market account.

Consolidated Statement

Your consolidated statement provides the status of your finances, including investment transactions, portfolio holdings, cleared checks, MasterCard purchases, money market fund activity, and more.7

SelectLink® Comprehensive Account Summary

Consolidates all your brokerage account statements into one package displaying the total value of the linked accounts in a clear, concise summary that includes the net worth of each account, as well as the total net worth of the household.

Year-End Account Summary Statement

This service maintains a record of your expenses by category – tax deductible items, withdrawals and deposits, electronic transactions and year-end cost basis – when you write a simple code on your checks or use your MasterCard debit card for purchases.

No-Annual-Maintenance-Fee Individual Retirement Account (IRA)

Be eligible for a no-annual-maintenance-fee IRA. For jointly owned accounts, one IRA fee will be waived per account holder.8

Live Customer Support

Access our live 24-hour customer support team any time.

Guaranteed Low Price

The Guaranteed Low Price program allows you to take advantage of sale prices without the need to wait for the big sale when using your Platinum MasterCard.9

RewardSuite™ Points-Based Loyalty Program

Offers reward options based on your MasterCard debit card usage, including gift cards to leading restaurants and stores, air travel with no restrictions, gift certificates for Hyatt® and Marriott® resorts and spas and one percent cash back on eligible purchases deposited directly to your ProCash Plus account.10

Not all account types may be available on all platforms. Some products & services may not be available with all accounts. Brokerage, investment and financial advisory services are made available through Waddell & Reed, Inc., in its capacity as a registered investment adviser. Brokerage accounts cleared through Pershing LLC. SEC-Required Report on Routing of Customer Orders.

1 Money market funds are sold by prospectus only. An investment in a money market fund is not insured by the Federal Deposit Insurance Corporation or any other governmental agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
2 SIPC does not protect against potential loss in value of securities held within an account.
3 EasyPay does not charge transaction fees. However, your bank may charge a transaction fee for each debit to your checking account.
4 Clients using BillSuite must abide by the terms and conditions noted for such application when accessed via NetExchange Client or their financial organization's online brokerage platform.
5 Please read the MasterCard® Guide to Benefits for complete details
6 Individual banks may charge a surcharge for use of their ATM.
7 Your personal statement may differ based on the options chosen by your financial organization. The Consolidated Statement will only reflect activity occurring within the brokerage account for which Pershing LLC is custodian.
8 The no annual maintenance fee IRA is available only for individual and joint accounts. If your account is owned jointly, one IRA fee will be waived per account holder.
9 The Guaranteed Low Price program is administered by Cardwell Agency. Guaranteed Low Price reserves the right to pay only properly documented claim requests. There is a maximum guarantee of $250 per item and $1,000 per account, per program term. Program term runs annually from January to December. Provisions: The Guaranteed Low Price program will reimburse all new retail items (with a limit of three identical items) purchased with your ProCash Plus Platinum MasterCard debit card, with the following exceptions: services, any second-hand or used items, any item purchased and/or used for business or commercial purposes, consumable or perishable items (including but not limited to food, fuel, and oil), jewelry, travelers checks, tickets of any kind, negotiable instruments, bullion, rare or precious coins or stamps, collectibles, antiques and art objects, motorized vehicles and their parts (including, but not limited to airplanes, automobiles, boats, motorcycles, and trucks), floor models, demonstrator models and one-of-a-kind items, live animals, live plants, close-out sales, negotiated sales, one-of-a-kind sales, liquidation sales, "cash-only" sales, going-out-of-business sales, employee discounts, and items not available to the general public at the sale price (e.g., membership-based shopping services). The program applies only to items purchased in the United States of America, including Alaska and Hawaii. The program does not apply to items whose sale price is subject to variation in international currency exchange rates.
10 Clients using RewardSuite must abide by the program's terms and conditions. For information, please visit www.myrewardsuite.com.

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