Broadridge Financial Solutions

About Broadridge Financial Solutions

If you’ve ever voted in a shareholder meeting or received a statement from your broker, you’ve likely interacted with Broadridge Financial Solutions, even without knowing it. The company is a critical, yet often invisible, piece of infrastructure that powers the global financial industry. It handles the essential, high-volume communications between public companies, investors, and financial institutions, processing trillions of dollars in trades daily. Broadridge’s story begins not with a typical startup founding, but as a division within the payroll giant ADP. Established in 1962 as ADP's Brokerage Services Group, it started with a single client, processing about 300 trades a night. For decades, this unit grew steadily, becoming the backbone for brokerage firms that needed to process trades and communicate with shareholders but didn't want to build the complex, regulated technology themselves. The defining moment came in 2007, when ADP decided to spin off the division into an independent public company: Broadridge Financial Solutions. Led by its first CEO, Rich Daly, Broadridge listed on the NYSE and embarked on a new chapter. The move allowed the company to focus entirely on the financial services sector, and it quickly solidified its dominant position in proxy voting and investor communications. Since becoming independent, Broadridge has aggressively expanded its capabilities through strategic acquisitions. It has acquired firms specializing in everything from portfolio management solutions to European fund data and, more recently, trading and execution management. These moves have transformed the company from a back-office workhorse into a comprehensive fintech leader. Today, under CEO Tim Gokey, Broadridge continues to evolve. With revenues exceeding $6 billion, it is a major player in wealth management technology, digital assets, and AI-driven solutions. From its origins processing a few hundred trades, Broadridge now underpins the daily trading of over $15 trillion in securities, demonstrating how essential, behind-the-scenes infrastructure can become a formidable business in its own right.