Last updated: 30 April 2021 at 6:10pm EST

Philip Sanders Net Worth




The estimated Net Worth of Philip James Sanders is at least $8.77 Million dollars as of 13 March 2014. Mr. Sanders owns over 61 units of Waddell & Reed stock worth over $6,013,735 and over the last 14 years he sold WDR stock worth over $828,360. In addition, he makes $1,926,810 as Chief Executive Officer and Director at Waddell & Reed.

Mr. Sanders WDR stock SEC Form 4 insiders trading

Philip has made over 2 trades of the Waddell & Reed stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 61 units of WDR stock worth $4,385 on 13 March 2014.

The largest trade he's ever made was selling 13,000 units of Waddell & Reed stock on 8 November 2013 worth over $828,360. On average, Philip trades about 687 units every 7 days since 2011. As of 13 March 2014 he still owns at least 240,742 units of Waddell & Reed stock.

You can see the complete history of Mr. Sanders stock trades at the bottom of the page.





Philip Sanders biography

Philip J. Sanders serves as Chief Executive Officer, Director of the Company. He has been Chief Executive Officer and a Director of the Company since August 2016. He served as Chief Investment Officer of the Company from February 2011 to June 2019. Mr. Sanders has served as President of Ivy Investment Management Company ("IICO") from August 2016 and was Chief Investment Officer of IICO from August 2010 to June 2019. Prior thereto, he served as Senior Vice President of Waddell & Reed Investment Management Company ("WRIMCO") from July 2000 to August 2016, Senior Vice President of IICO from April 2003 to August 2016 and Vice President of WRIMCO from January 1999 to July 2000. He is also President of the InvestEd Portfolios, Ivy Funds, Ivy High Income Opportunities Fund, Ivy NextShares and Ivy Variable Insurance Portfolios, all of which are mutual funds managed by the Company. Mr. Sanders joined the Company as a mutual fund portfolio manager in August 1998. Mr. Sanders' term on the Board expires in 2022.

What is the salary of Philip Sanders?

As the Chief Executive Officer and Director of Waddell & Reed, the total compensation of Philip Sanders at Waddell & Reed is $1,926,810. There are 1 executives at Waddell & Reed getting paid more, with Daniel Hanson having the highest compensation of $3,292,080.



How old is Philip Sanders?

Philip Sanders is 60, he's been the Chief Executive Officer and Director of Waddell & Reed since 2019. There are 5 older and 10 younger executives at Waddell & Reed. The oldest executive at Waddell & Reed Financial, Inc. is Dennis Logue, 76, who is the Independent Director.

What's Philip Sanders's mailing address?

Philip's mailing address filed with the SEC is 6300 LAMAR AVENUE, , OVERLAND PARK, KS, 66202.

Insiders trading at Waddell & Reed

Over the last 24 years, insiders at Waddell & Reed have traded over $43,564,055 worth of Waddell & Reed stock and bought 16,270 units worth $403,978 . The most active insiders traders include Henry J Herrmann, Jerry W Walton, and Keith A Tucker. On average, Waddell & Reed executives and independent directors trade stock every 46 days with the average trade being worth of $510,541. The most recent stock trade was executed by Amy J. Scupham on 10 January 2021, trading 2,426 units of WDR stock currently worth $60,601.



What does Waddell & Reed do?

Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and wealth management services to clients throughout the United States since 1937. Today, Waddell & Reed distributes its investment products through the unaffiliated channel under the IVY INVESTMENTS® brand (encompassing broker/dealer, retirement, and registered investment advisors), its wealth management channel (through independent financial advisors associated with WADDELL & REED, INC.), and its institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships).



What does Waddell & Reed's logo look like?

Waddell & Reed Financial, Inc. logo

Complete history of Mr. Sanders stock trades at Waddell & Reed

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
13 Mar 2014 Philip James Sanders
CEO
Buy 61 $71.88 $4,385
13 Mar 2014
240,742
8 Nov 2013 Philip James Sanders
CEO
Sale 13,000 $63.72 $828,360
8 Nov 2013
229,261


Waddell & Reed executives and stock owners

Waddell & Reed executives and other stock owners filed with the SEC include: