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Waddell & Reed Financial (WDR) DRIP

DRIP Plan Highlights

Enrollment

 

 

Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.

Minimum shares required to enroll

1 Share

 

 

 

 

Purchases

 

 

Minimum purchase

 

$0

Maximum purchase

 

N/A

 

 

 

 

Fees

 

 

 

Account Setup Fee

 

None

Automatic Investment Fee

$0.03/share

Optional Cash Purchase

 

$0.03/share

Reinvestment Fee

 

5% upto $3

Sale Fee

 

 

$15.00

 

 

 

 

Company Web Site

 

http://www.waddell.com

Additional Plan Information

Agent Site



Waddell & Reed Financial DRIP Details:
Waddell & Reed Financial provides investment management service. The Waddell & Reed Financial Dividend Reinvestment Plan offers a poor holding vehicle for your Waddell & Reed investment unless you already own shares. For investors without an existing investment in Waddell & Reed Financial, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your WDR investment.

Pros:
No account setup fee

Cons:
Requires 1 share to enroll
Dividend reinvestment fees