Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $9 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 13,000 associates in 21 countries. For more information about us, please visit broadridge.com.
Launched in 2020 to support RegBI, Broadridge Fi360 Solutions enhanced Decision Optimizer to address new IRA rollover requirements set forth by the DOL’s Prohibited Transaction Exemption (PTE) 2020-02. The intuitive user interface and client-friendly output now supports the information gathering, recommendation creation, documentation, and retrospective review requirements of the regulation. Advisors can visually evaluate the merits of a rollover such as a plan to IRA, plan to plan, IRA to IRA or commission to fee. Upgrades also include the independent regulatory expertise of the Pension Resource Institute so firms can reference and leverage the most current guidance and best practices directly within the solution. While this is a turnkey solution, customization was added to give firms the opportunity to edit disclosures, brand reports, and more.
Broadridge Wealth Platform
Broadridge’s Wealth Management Platform is an open, services-based, fully integrated, cloud-native, componentized front-to-back-office solution, leveraging best-in-class technology enabling wealth firms to effectively combine their proprietary technology, Broadridge solutions and best-of-breed vendor solutions in an open ecosystem that creates long-term competitive advantage. We address wealth firms’ needs through innovative operations, technology, data solutions and services in four key areas: • Optimizing Advisor Productivity – Help advisors manage and grow their practice with capabilities that enable personalized service • Enhancing the End-Client Experience – Enable firms to acquire, engage and deepen end-client relationships • Digitizing Enterprise-wide Operations – Simplify and run the firm at scale • Adopting next-gen Technology – Become more nimble, break through barriers of legacy systems and embrace disruptive technology and fintech solutions
ESG for Fiduciaries
The Fiduciary Focus Toolkit as part of Broadridge Fi360 Solutions now allows advisors to search for and monitor funds based on ESG ratings. The ESG scoring can be used as standalone screening criteria. Or the advisor can choose to overlay ESG ratings after screening for other metrics like returns, alpha, or the Fi360 Fiduciary Score – a transparent, objective, and easy-to-understand quantitative investment rating system. This means advisors can: •Score portfolios for overall ESG factors or at the individual environmental, social, and governance levels •Isolate investments within portfolios that score poorly on ESG factors •Find replacement investments that have positive ESG factors that also meet fiduciary standards •Construct portfolios that meet fiduciary requirements and express the ESG preferences of clients •Establish ongoing ESG investment monitoring