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Broadridge was founded in 1962 [5] as ADP Brokerage Services Group, [9] a business unit [6] of the American payroll processing company Automatic Data Processing (ADP). [5] Operating as ADP's shareholder communications division, [ 10 ] : 27 [ 11 ] it initially served one client by processing an average of 300 trades per night.
Daly has been a member of Broadridge Financial Solutions's board and its chief executive officer since 2007. [1] He formerly served as the president of Automatic Data Processing, another multibillion-dollar company. [4] He is a member of the board of trustees of New York Institute of Technology. [2]
Institutional Shareholder Services Inc. (ISS) is an American proxy advisory firm. Hedge funds, mutual funds and similar organizations that own shares of multiple companies pay ISS to advise (and often vote their shares) regarding share holder votes.
The sale concluded on February 25, 2022, with $64 million being raised through the sale of 194,537 shares, adding 176,160 new shareholders. [20] [21] Among the new shareholders were Packers players A. J. Dillon, Aaron Jones, and Kurt Benkert. [22] Shares are administered by Broadridge Financial Solutions. [23]
In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
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The company partnered with Broadridge Tax Services in August 2014 to facilitate tax reporting and reconciliation. [36] In September, the company's UpToDate resource was released in Latin America. [37] That month the company extended its partnership with the American Internal Revenue Service. [38] 2014 marked the 15th year of their collaboration ...
Broadridge and Pitney Bowes Announce Financial Services Industry Support for Volly™ LAKE SUCCESS, N.Y.--(BUSINESS WIRE)-- Broadridge Financial Solutions, Inc. (NYS: BR) and Pitney Bowes Inc ...