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Broadridge Review

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Should I use Broadridge?

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· 1 week ago

Buy only if you're a financial institution needing regulated post-trade, proxy, or wealth-operations infrastructure at enterprise scale. Startups, small advisors, and non-financial firms should pick something far lighter and cheaper.

Confidence

Medium. Based on 60+ public sources; customer product reviews are scarce — most available reviews are employee sentiment.

Ratings

  • Value for money
  • Ease of useNo usability evidence found
  • Feature depth
  • Support quality
  • Security posture

Pricing

From $20,000/year

Investment Accounting

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierNo

Best for

  • Broker-dealers and capital markets firms
  • Banks needing post-trade processing
  • Wealth and asset managers at scale
  • Public companies running proxy/issuer communications

Not for

  • Startups and SMBs — $20k/yr floor, custom enterprise quotes
  • Anyone wanting self-serve signup, trials, or quick pilots
  • Small advisors — use lightweight portfolio tools instead
  • Non-financial companies; this is fintech infrastructure only

Gotchas - check before you buy

high

Core proxy/post-trade infrastructure means high switching costs once embedded

medium

Investment accounting starts ~$20,000/year; most other suites quote custom enterprise contracts

medium

No self-serve pricing published; procurement is sales-led and slow

medium

Legacy modernization still ongoing — Shareholder Disclosure Hub only recently migrated to AWS

Pros and cons

Pros

  • Global, NYSE-listed fintech serving capital markets, wealth, and issuer clients
  • Broad suite: post-trade, proxy, wealth ops, alternatives, digital assets
  • Published security capabilities; engaged NetSPI for penetration testing
  • Named best outsourcing provider to the sell side (2022)
  • Investment accounting entry plan published from $20,000/year

Cons

  • Pricing opaque; enterprise custom contracts typical
  • Cheapest visible plan costs $20,000/year
  • Mixed employee sentiment; Glassdoor ratings declined, 'Stay away' reviews exist
  • 3.5/5 Indeed rating among client-facing associate roles
  • 2020 reporting documented COVID deaths at a Broadridge warehouse

Sources & method

- 10 sources - No known vulnerabilities found in the sources reviewed.

official x1review x5security x2news x2

Key stats

  • Value for money: 2/5

    Rating

  • From $20,000/year

    Starting price

  • 10

    Sources

  • Analyzed

  • Value for money: 2/5. Custom enterprise pricing, ~$20k/yr floor
  • Ease of use. No usability evidence found
  • Feature depth: 5/5. Spans proxy, post-trade, wealth, digital assets
  • Support quality: 4/5. Named best sell-side outsourcing provider, 2022
  • Security posture: 4/5. Published security program; NetSPI penetration testing
  • $20,000/yr Starting price Investment Accounting entry plan (SoftwareAdvice)
  • 3.5/5 Employee rating Indeed, Client Associate reviews
  • 73% Employee approval Glassdoor, UK technology employees
  • NYSE: BR Listing Global fintech, publicly traded

Pricing

Investment Accounting

From $20,000/year

  • Entry plan per SoftwareAdvice listing
  • Most other Broadridge suites quote custom enterprise pricing

Security

No known vulnerabilities found in the sources reviewed.

What users say

reviews are almost entirely employee sentiment — generally positive on culture and work-life balance, with some sharp negative outliers and declining ratings.

“It is an excellent company with a great culture, leadership is strong, the benefits are good, and there is work-life balance”
Comparably review
“Work Life balance is good”
Glassdoor review
“Stay away.”
Glassdoor review

Alternatives

Compare Broadridge with each alternative.

  • FIS Global

    Similar-scale rival for post-trade and banking infrastructure

  • Imagine Software

    Trading-platform alternative compared head-to-head on Gartner

  • SS&C

    Competing fund-administration and operations platform

  • Lightweight portfolio tools

    Small advisors should pick lighter investment software instead

Companies that use it

  • Bloomberg Tradebook
Full analysis

Based on 60+ public sources; customer product reviews are scarce — most available reviews are employee sentiment.

Enterprise fintech infrastructure for capital markets — right for banks and broker-dealers, overkill and opaque for everyone else.

Methodology

Based on 60+ public sources; customer product reviews are scarce — most available reviews are employee sentiment.

Read how a report is made.

Sources

  1. About Broadridgebroadridge.com
    official
  2. Broadridge Investment Accounting Reviewsoftwareadvice.com
    review
  3. Broadridge vs Imagine Software — Gartner Peer Insightsgartner.com
    review
  4. Broadridge vs FIS Global — Reddit r/fintechreddit.com
    review
  5. Broadridge Glassdoor reviewsglassdoor.com
    review
  6. MSCI vs Broadridge — RFP.wikirfp.wiki
    review
  7. NetSPI customer story: Broadridge securitynetspi.com
    security
  8. Broadridge Security Capabilitiesbroadridge.com
    security
  9. Shareholder Disclosure Hub migrates to AWSbroadridge-ir.com
    news
  10. Coronavirus kills six workers at Broadridge warehouse — The Intercepttheintercept.com
    news

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