Waddell & Reed

Managing Your Brokerage Account

Consolidated Statements
Your account statement will include a comprehensive view of your investments. You can easily track your investments, monitor your account activity, evaluate your asset allocation, and view any changes that occur in your account value. Account activity automatically generates a monthly statement in addition to your quarterly statement. If you have managed accounts within your brokerage account, you will also receive a year–end summary statement.

View detailed information about how to read your brokerage account statement.

Fast and Easy Funds Transfer
This convenient, easy-to-use service allows you to transfer funds from other checking accounts to your ProCash Plus account, enabling you to promptly pay for the purchases of securities (avoiding the interest incurred on late payments) and transfer funds for future investments. Initiate transfers by telephone 24 hours a day, 7 days a week.
NOTE: EasyPay does not charge transaction fees. However, your bank may charge a transaction fee for each debit to your checking account.

Online Access
Through NetExchange® Client, you have access to key information such as late-breaking news and comprehensive market data on thousands of securities. You will be able to view online:

  • Balances
  • Portfolio holdings
  • Account activity
  • Order status
  • Cost–basis information
  • Projected cash flow
  • Trade confirmations

Account Protection
Protecting your brokerage account is of critical importance. To ensure high-level protection, your brokerage assets are held at Pershing, LLC, a member of the Securities Investor Protection Corporation (SIPC). Member of SIPC, which protects securities customers of its members up to $500,000 (including $100,000 for claims for cash.) Explanatory brochure available upon request or at www.sipc.org. Ask for details. (This coverage does not protect against loss of market value of the securities.)

Questions Regarding a Brokerage Account
For questions regarding your existing Brokerage Services account, please contact your financial advisors or:

Waddell & Reed Brokerage Services

Not all account types may be available on all platforms. Some products & services may not be available with all accounts. Brokerage, investment and financial advisory services are made available through Waddell & Reed, Inc., in its capacity as a registered investment adviser. Brokerage accounts cleared through Pershing LLC.

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