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Waddell & Reed Financial (Waddell & Reed Financial) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2021)


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What is Waddell & Reed Financial Long-Term Capital Lease Obligation?

Waddell & Reed Financial's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0 Mil.


Waddell & Reed Financial Long-Term Capital Lease Obligation Historical Data

The historical data trend for Waddell & Reed Financial's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Waddell & Reed Financial Long-Term Capital Lease Obligation Chart

Waddell & Reed Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
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Waddell & Reed Financial Quarterly Data
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Waddell & Reed Financial  (NYSE:WDR) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Waddell & Reed Financial Long-Term Capital Lease Obligation Related Terms

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Waddell & Reed Financial (Waddell & Reed Financial) Business Description

Traded in Other Exchanges
N/A
Address
6300 Lamar Avenue, Overland Park, KS, USA, 66202
Waddell & Reed is a midsize asset manager that had $74.8 billion in assets under management at the end of 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 95% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (37%) in the wholesale channel. Equity-driven strategies account for an estimated 80% of total AUM, with fixed-income (18%) and money market (2%) offerings accounting for the remainder. The company has no discernible reach outside the United States.
Executives
Daniel P Hanson officer: SVP & CIO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Mark P. Buyle officer: SVP, GC, CLO and Secretary 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Shawn M. Mihal officer: SVP - Wealth Management 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Amy J. Scupham officer: SVP - Distribution 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Christopher W. Rackers officer: SVP and CAO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Benjamin R Clouse officer: SVP & CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: VP - Chief Acct Off,IR & Treas 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Brent K Bloss officer: President 6300 LAMAR AVE OVERLAND PARK KS 66202
Philip James Sanders director, officer: CEO 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Kline Katherine M. A. director 100 PIER 1 PLACE, FORT WORTH TX 76102
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James A. Jessee director 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Alan W Kosloff director 6300 LAMAR AVE OVERLAND PARK KS 66202
Thomas C Godlasky director 6300 LAMAR AVENUE OVERLAND PARK KS 66202