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