Pre-Activation Period

By now you've indicated your interest in joining Waddell & Reed and have completed the Candidate Profile. The Profile is designed to help us learn about you and your business so that we can be proactive when customizing your transition process. Your transition specialist will coordinate the review of your business mix, existing contract, any outside business activity or other special circumstances with the appropriate parties. In addition, they will help you navigate the timing of your resignation and affiliation and help ensure compliance with Regulation S-P.

    W&R Candidate Profile

  • Contact Information
  • Legal and regulatory history/due diligence
  • Existing Contract (non-compete, non-solicit)
  • Privacy policy
  • Office location/registration
  • Outside Business Activity (OBA)
  • Business mix and client profile
  • Business revenues

    Resignation Process

  • Sample resignation letter
  • Preparation of client communications
  • Best practices for handling client notification
  • Sample client notification letter

    Outside Business Activity (OBA)

  • W&R rules and regulations
  • Candidate guidelines
  • OBA form

    Doing Business As (DBA)

  • W&R rules and regulations
  • Candidate guidelines