Source: The Business Journals: Kansas City

Waddell & Reed: Editor's Briefing: What makes Waddell & Reed worth $100M in incentives?

Why in the world would Kansas City and the state of Missouri offer $106 million in incentives to Waddell & Reed Financial Inc. to move a few miles east into a new $140 million headquarters? It's the question of the week, particularly since it appeared a new Kansas City mayor and City Council was tightening the incentives purse strings. I won't argue whether Waddell & Reed should get the breaks. These briefings are meant more as a deeper look, and sometimes an explanation, of big stories. So,...

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Philip J. Sanders

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Waddell & Reed provides investment, asset management and financial planning services for individuals and institutional investors. Read more