Waddell & Reed Financial, Inc. (WDR)
Q1 2012 Earnings Call Transcript
April 30, 2012 10:00 a.m. ET
Hank Herrmann - Chairman and CEO
Mike Avery - President
Tom Butch - Chief Marketing Officer
Dan Connealy - CFO
Mike Strohm - COO
Phil Sanders - CIO
Nicole McIntosh - VP, IR
Jeff Hopson - Stifel Nicolaus
Cynthia Mayer - Banc of America - Merrill Lynch
Bill Katz - Citigroup
Michael Kim - Sandler O’Neill
Robert Lee - KBW
Daniel Fannon - Jefferies
Craig Siegenthaler - Credit Suisse
Mac Sykes - Gabieli & Company
Marc Irizarry - Goldman Sachs
Roger Freeman - Barclays
Good morning. My name is Tabitha and I will be your conference operator today. At this time I would like to welcome everyone to the Waddell & Reed Financial First Quarter 2012 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. (Operator Instructions) Thank you.
I will now turn the call over to Mr. Hank Herrmann, Chairman and Chief Executive Officer of Waddell & Reed. Please go ahead sir.
With me today are Mike Avery, President; Tom Butch, our Chief Marketing Officer; Dan Connealy, Chief Financial Officer; Mike Strohm, our Chief Operations Officer; Phil Sanders, Chief Investment Officer; and Nicole McIntosh, our VP of Investor Relations. Nicole would you read the forward-looking statements, please?