Broadridge operates mission-critical infrastructure at the heart of the global capital markets. It benefits from powerful and accelerating secular tailwinds while processing an estimated $15 trillion in daily trading activity, managing governance communications for thousands of publicly traded companies and mutual funds, and securing its indispensable position in financial markets.
Converging trends are driving sustained demand for its platform, including wealth management modernization, as broker-dealers and others seek to consolidate fragmented vendor ecosystems onto integrated platforms; and digitization of governance, as issuers and asset managers shift from paper-based proxy delivery to digital engagement solutions that reduce costs.
BROADRIDGE FINANCIAL SOLUTIONS INC. (Symbol BR on New York; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.
Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S. company and mutual fund, both electronically and by surface mail.
That segment comprises about three-quarters of the company’s annual revenue. Fees are tied to the volume of communications that Broadridge delivers—a surge of interest from individual investors in the last few years has led to a wider group of investors holding more stocks and funds. That translates into increased business for Broadridge.
The company also has other businesses providing software to handle back-office functions for money managers, broker-dealers, and other capital markets institutions. That work includes trade processing, record-keeping, accounting, and more.
Broadridge continues to make savvy acquisitions to expand and enhance its offerings.
In November 2024, Broadridge completed the acquisition of Kyndryl Canada’s Securities Industry Services (SIS) wealth and capital markets technology platform for $185 million. The business provides services such services as clearing and settlement, account record keeping, tax and regulatory reporting, and order management for Canadian financial services firms. It added $60 million to the company’s annual revenue.
In September 2025, the company announced the acquisition of iJoin. That firm is a retirement plan technology provider that specializes in solutions for participants’ onboarding, engagement, and analytics.
The acquisition will combine Broadridge’s existing retirement plan with iJoin’s technology. The new, combined capabilities are aimed at assisting various providers in the retirement market, such as record keepers, financial advisors, asset managers, and insurers, in offering enhanced and more personalized tools for retirement plan participants.
And finally, Broadridge has just completed the acquisition of Acolin, a leading European provider of cross-border fund distribution and regulatory services. The purchase price has not yet been disclosed.
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Acolin, based in Zurich, is a specialized distribution support provider with over 350 clients and access to over 3,000 distributors across over 30 countries. Rather than connecting directly with multiple fund platforms and distributors to access regional European markets, asset managers engage Acolin to access many platforms and distributors, and centrally manage distributor data, contracts, commissions, and compliance needs. Acolin supports fund registrations, legal representation, and ongoing compliance across Europe on behalf of its clients.
Acolin will extend Broadridge’s services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation and broaden its distribution insights to better support the needs of European and global asset managers.
Broadridge’s AI investments are paying off
In its fiscal 2026 first quarter, ended September 30, 2025, Broadridge’s revenue rose 11.7%, to $1.59 billion from $1.42 billion a year earlier. Excluding one-time items, earnings per share jumped 51.0%, to $1.51 from $1.00.
Meanwhile, Broadridge is now using AI to improve its software products. For example, it offers OpsGPT and BondGPT—chatbots that use AI technology to help clients analyze and resolve operational issues.
At the same time, Broadridge was an early investor in AI and its current leading position makes it a preferred partner for clients looking to reduce operational complexity.
Part of its appeal for those clients is that Broadridge’s approach to AI investment is based on “mutualization.” That’s where the company invests in AI solutions on behalf of multiple clients. This strategy lets Broadridge invest more than any single client could independently. It also lets it utilize better and more comprehensive data sets and create wider benefits for all participating clients.
The company is forecast to earn $9.45 a share in fiscal 2026, and the stock trades at a reasonable 23.4 times that estimate, given its growth prospects.
Broadridge raised your quarterly dividend by 10.8% with the October 2025 payment, to $0.975 a share from $0.88. The new annual rate of $3.90 yields 1.8%. The company has raised its dividend each year since Automatic Data Processing spun it off to its shareholders in 2007.
Recommendation in Dividend Advisor: Broadridge Financial Solutions Inc. is a buy.
