LAKE SUCCESS, N.Y.,
June 23, 2016 /PRNewswire/ --
Salvatore F. Sodano has been
appointed to the newly-created role of vice chairman and
Stephen Scruton was promoted to
president of Advisor Solutions, a business unit within Broadridge
Financial Solutions, Inc. (NYSE: BR).
Sodano will lead Broadridge Advisor Solutions, integrate core
wealth management assets and set standards of operational and
service excellence for clients. Scruton will oversee revenue and
product management activities and ensure advisor solution offerings
are leveraged to drive integrated growth.
"These two appointments underscore Broadridge's commitment to
help clients grow assets under management, increase revenue and
operate efficiently," said Robert
Schifellite, Broadridge corporate senior vice president and
president, Investor Communication Solutions. "Sal and Steve have
decades of financial services experience, leadership and expertise.
They will play key roles in leading our growth strategy,
expanding client relationships and broadening product offerings,"
he concluded.
Sodano Background
Prior to joining Broadridge, Sodano was chairman and CEO,
American Stock Exchange; COO and vice chairman of the National
Association of Securities Dealers (then NASDAQ's Stock Market
parent). Sodano will continue as an independent director and vice
chairman of the board at Associated Capital Group (NYSE: AC), as
well as vice chairman of the board at Gabelli Securities, Inc.
Sodano said, "We will focus on enhancing Broadridge' s
outstanding reputation and forge strategic partnerships to align
capabilities with clients' long-term business goals. We will make a
significant impact helping investment advisors grow and
evolve."
Scruton Background
Scruton, previously a vice president and general manager at
Broadridge was founder of Direxxis, acquired by Broadridge in
March 2015. Prior to Direxxis, he was
founder of Marketing Information & Technology, acquired by
Lexis Nexis. He held senior marketing roles and sales positions at
Trans Union and board positions at leading analytic and data
organizations.
Scruton said, "Broadridge Advisor Solutions products and
services will enable advisors to grow their business and identify
new and profitable clients. We have the management strength,
experience and resources to be a significant force in wealth
management in the next few years."
About Broadridge Advisor Solutions
Broadridge's commitment to the wealth management industry is
evidenced by successful acquisitions of Investigo (2008),
Forefield (2010), Emerald (2014) and Direxxis (2015). Together they
formed Broadridge Advisor Solutions, which provides
enterprise and advisor marketing, communication and data offerings
to enable wealth management firms, individual advisors and agents
to more effectively run their business.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR) is the leading
provider of investor communications and technology-driven solutions
for broker-dealers, banks, mutual funds and corporate issuers
globally.
Broadridge's investor communications, securities processing and
managed services solutions help clients reduce their capital
investments in operations infrastructure, allowing them to increase
their focus on core business activities. With over 50 years of
experience, Broadridge's infrastructure underpins proxy voting
services for over 90% of public companies and mutual funds in
North America, and processes on
average $5 trillion in equity and
fixed income trades per day. Broadridge employs approximately 7,400
full-time associates in 14 countries.
For more information about Broadridge, please visit
www.broadridge.com.
Media Contacts
Kate McGann
Broadridge Financial Solutions
Katherine.mcgann@broadridge.com
+1 212 981 1395
Jenna Focarino
The Torrenzano Group
jfocarino@torrenzano.com
+1-212-681-1700 ext.115
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SOURCE Broadridge Financial Solutions, Inc.