“The way I think about it, these things are always – there’s never great timing on these things, but our strategy is in place where we’ve got a great team. A number of senior executives have left Reed & Reed Financial , with its broker - dealer unit , Waddell & Reed Financial Advisors , seeing revenues fall 29.6 % over the past year . General counsel and chief legal officer of Waddell & Reed Financial , David Hills , resigned on 17 April , and the following day the departure of Nikki Smith , president of its mutual funds subsidiary , Reed Distributors , was announced .
A number of senior executives have left Reed & Reed Financial , with its broker - dealer unit , Waddell & Reed Financial Advisors , seeing revenues fall 29.6 % over the past year . General counsel and chief legal officer of Waddell & Reed Financial , David Hills , resigned on 17 April , and the following day the departure of Nikki Smith , president of its mutual funds subsidiary , Reed Distributors , was announced .