Waddell & Reed Financial (Waddell & Reed Financial) Tax Rate % : 53.10% (As of Mar. 2021)

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What is Waddell & Reed Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Waddell & Reed Financial's Tax Expense for the three months ended in Mar. 2021 was $2 Mil. Waddell & Reed Financial's Pre-Tax Income for the three months ended in Mar. 2021 was $3 Mil. Therefore, Waddell & Reed Financial's Tax Rate % for the quarter that ended in Mar. 2021 was 53.10%.

Waddell & Reed Financial Tax Rate % Historical Data

The historical data trend for Waddell & Reed Financial's Tax Rate % 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 Tax Rate % Chart

Waddell & Reed Financial Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Tax Rate %

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34.12

41.28

23.28

26.15

29.31

Waddell & Reed Financial Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Tax Rate %	Get a 7-Day Free Trial															32.01	25.28	24.78	-12.83	53.10

Waddell & Reed Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Waddell & Reed Financial's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2020 )	/	Pre-Tax Income (A: Dec. 2020 )
	=	30.123	/	102.78
	=	29.31 %

Waddell & Reed Financial's Tax Rate % for the quarter that ended in Mar. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2021 )	/	Pre-Tax Income (Q: Mar. 2021 )
	=	1.825	/	3.437
	=	53.10 %

Waddell & Reed Financial Tax Rate % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Waddell & Reed Financial Inc (NYSE:WDR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6300 Lamar Avenue, Overland Park, KS, USA, 66202

Website

https://www.waddell.com

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