Broadridge Financial Solutions

Broadridge Financial Solutions
Public
Traded as NYSE: BR
S&P 400 Component
Industry Business Process Outsourcing
Founded Lake Success, New York (2007)
Headquarters Lake Success, New York, U.S.
Key people
 Richard J. Daly (CEO)
Revenue IncreaseUS$2.694B (FY 2015)[1]
IncreaseUS$287M (FY 2015)[1]
Total assets IncreaseUS$2.36B (FY 2015)[2]
Total equity IncreaseUS$927M (FY 2015)[2]
Number of employees
 10,000 (2016)
Website www.broadridge.com

Broadridge Financial Solutions, Inc. is a US servicing company for the financial industry founded in 2007 as a spin-off from Automatic Data Processing (ADP). The main fields of work are in securities processing, clearing and investor communication. The main business of Broadridge is electronic proxy voting.

History

The company was established in 2007 as spin off from Automatic Data Processing (ADP).

In 2010, Broadridge Financial Solutions acquired NewRiver, Inc., an innovator in Electronic Investor Disclosure [3]

On Jan. 7, 2011, it acquired Matrix Financial Solutions, a provider of retirement products for third party administrators and other financial professionals.[4]

On Sept. 8, 2011, Broadridge Financial Solutions acquired Paladyne Systems, Inc., a provider of investment management solutions.[5]

On June. 14, 2016, Broadridge Financial Solutions acquired DST’s North American Customer Communications Business. [6]

See also

References

  1. 1 2 Broadridge Financial Solutions (BR) annual SEC income statement filing via Wikinvest.
  2. 1 2 Broadridge Financial Solutions (BR) annual SEC balance sheet filing via Wikinvest.
  3. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2012-04-25. Retrieved 2011-10-04.
  4. ↑ "Broadridge Completes Acquisition of Matrix Financial Solutions, Inc.". broadridge.com (Press release). 2011-01-07. Retrieved 2016-07-07.
  5. ↑ http://www.paladyne.com/press-releases/2011/09/broadridge-acquires-paladyne-systems/
  6. ↑ http://www.broadridge.com/news-events/press-releases/Broadridge-Agrees-to-Acquire-DSTs-North-American-Customer-Communications-Business.html
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