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Waddell & Reed Financial signs lease for new HQ in Kansas City, Mo.

Waddell & Reed Financial Inc. signed a lease for its new headquarters at 1400 Baltimore Avenue in Kansas City, Mo.

The Overland Park, Kan.-based company partnered with local firms Burns & McDonnell for the building's exterior design and construction and HOK on interior space.

With groundbreaking targeted for the first quarter, employees are expected to move into the new building in the first half of 2022.