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Wedbush Selects Broadridge Technology to Accelerate Growth

1. Broadridge is selected as Wedbush's strategic technology platform provider. 2. This partnership aims to enhance client and advisor experiences. 3. Wedbush plans to integrate new asset classes through Broadridge's technology. 4. The integration aims to drive digital innovation and operational efficiency at Wedbush. 5. Broadridge's solutions will support new market trends, including digital assets.

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Why Bullish?

This strategic partnership could position Broadridge favorably in the evolving fintech landscape, similar to past partnerships that enhanced operational capacities for tech firms, leading to increased market confidence. Historical examples show that technology firms benefiting from strategic alliances often experience stock price appreciation due to investor optimism.

How important is it?

This announcement signals a significant advancement in Broadridge’s operational capabilities and market position, which could attract long-term investors, thus impacting stock performance positively.

Why Long Term?

The collaboration’s benefits, such as enhanced capabilities and technology integration, will materialize over a longer horizon, as operational improvements and market expansions develop over time.

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, /PRNewswire/ -- Today, Wedbush Securities, a leading provider of securities brokerage, clearing, custody and fintech services, and global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR), announced that Broadridge has been selected as Wedbush's strategic technology platform provider as the firm transforms its operations platforms. This move marks a significant step for Wedbush as it seeks to grow its business, support new asset classes, and deliver superior client and advisor experiences in the rapidly evolving clearing, wealth and fintech market. "At Wedbush, our vision is to be at the forefront of delivering next-generation wealth, clearing and fintech solutions for our clients and partners, and having proven end-to-end, cutting-edge operations platforms is key to accomplishing that," said Gary Wedbush, CEO of Wedbush Securities. "By powering our technology evolution with Broadridge's trusted solutions, we are taking a major step forward in consolidating and further automating our operations, embracing innovation, and laying the foundation for capabilities that will enable us to attract and serve the next generation of investors and fintech partners." Wedbush's decision follows a comprehensive strategic evaluation. It will integrate with Broadridge's trading and post-trade capabilities, workflow, corporate actions, tax and cost basis reporting, and regulatory reporting services. The collaboration will help Wedbush fuel digital innovation and business expansion, attract top talent, and deepen client engagement. "Wedbush's implementation of our leading end-to-end clearing and wealth technology platforms reflects a broader industry shift toward digital transformation and operational consolidation as firms strive to deliver innovation, scale, and superior client experiences," said Mike Alexander, President of Wealth Management at Broadridge. "This is a significant leap forward in Wedbush modernizing its clearing and wealth operations, and we're excited to support their journey. Our strong technology investments uniquely position us to work with firms like Wedbush, offering a single post-trade platform that supports both wealth management and clearing businesses, with the flexibility to combine client, Broadridge, and third-party technologies, enabling transformation on their terms." Wedbush will benefit from Broadridge's platform features including a unified wealth data layer, standardized APIs, workflow and process automation, enhanced digital tools for advisors and end investors, real-time notifications, AI-driven insights, and support for emerging asset classes including fractional shares, alternative investments and digital asset trading. With Broadridge's wealth management platform, Wedbush will also be well positioned to seamlessly integrate third-party solutions and additional Broadridge services to address evolving business needs and continue driving innovation across the enterprise. With a flexible and scalable platform, Broadridge empowers wealth management, fintech and clearing firms to simplify complexity, accelerate digital transformation, and unlock growth. Wedbush's integration reflects Broadridge's ongoing commitment to client success and industry innovation and builds on Broadridge's demonstrated capacity to lead large-scale, strategic technology transformations. Broadridge continues to help firms modernize operations and lead in a dynamic digital era. About Broadridge Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries. For more information about us, please visit www.broadridge.com About Wedbush Securities: Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both retail and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC.  Media Contacts: For Broadridge:Linda Namias[email protected] 631-254-7711 For Wedbush:Serina Molano[email protected] 213-688-4564 SOURCE Broadridge Financial Solutions, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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