NEW YORK, Nov. 4, 2019 /PRNewswire/ -- Broadridge
Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and
part of the S&P 500® Index, has completed its previously
announced acquisition of Fi360, Inc., a leading provider of
fiduciary-focused software, data and analytics for financial
advisors and intermediaries across the retirement and wealth
ecosystem. The enhanced capabilities will enable Broadridge to
support wealth and retirement advisors as they provide a fiduciary
standard of care as compliance requirements evolve, such as the
SEC's Regulation Best Interest. Expanded data and analytics will
also further strengthen Broadridge's ability to help asset managers
gain greater insight into the retirement market.
Fi360 provides fiduciary education, training and technology,
including the Accredited Investment Fiduciary® (AIF®) Designation,
a leading fiduciary designation held by over 11,000 advisors.
Fi360's technology enables broker-dealers to automate compliance
procedures and identify at-risk assets, and helps investment
professionals document investment processes and evaluate
products.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR), a $4 billion global Fintech leader, is a leading
provider of investor communications and technology-driven solutions
to banks, broker-dealers, asset and wealth managers and corporate
issuers. Broadridge's infrastructure underpins proxy voting
services for over 50 percent of public companies and mutual funds
globally, and processes on average more than U.S.$7 trillion in fixed income and equity securities
trades per day. Broadridge is part of the S&P 500® Index and
employs over 11,000 full-time associates in 18 countries. For more
information about Broadridge, please
visit www.broadridge.com.
About Fi360
Fi360, a fiduciary education, training and technology company,
helps financial intermediaries use prudent fiduciary practices to
profitably gather, grow and protect investors' assets. Since 1999,
the firm has provided financial professionals with the tools
necessary to act as a fiduciary in their work with investors.
Headquartered in Pittsburgh, PA,
Fi360 is the home of the Accredited Investment Fiduciary® (AIF®)
Designation, the Fiduciary Focus Toolkit™ and the Fi360 Fiduciary
Score®. Fi360 is also the parent company of CEFEX. Learn more
at www.Fi360.com.
Contacts:
Investors:
W. Edings Thibault
Head of Investor Relations
Broadridge Financial Solutions
+1 516-472-5129
Edings.Thibault@Broadridge.com
Media:
Linda Namias
Broadridge Financial Solutions
+1 631-254-7711
Linda.Namias@Broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.