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Broadridge Financial Solutions

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Broadridg Financial Solutions
Company typePublic
NYSEBR
IndustryBusiness Process Outsourcing
FoundedLake Success, New York (2007)
HeadquartersLake Success, New York, U.S.
Key people
Richard J. Daly
RevenueIncreaseUS$2.694B (FY 2015)[1]
IncreaseUS$287M (FY 2015)[1]
Total assetsIncreaseUS$2.36B (FY 2015)[2]
Total equityIncreaseUS$927M (FY 2015)[2]
Number of employees
10,000 (2016)
Websitewww.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]

See also

References

  1. ^ a b Broadridge Financial Solutions (BR) annual SEC income statement filing via Wikinvest.
  2. ^ a b 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. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)
  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/