Wedbush Securities has partnered with Broadridge Financial Solutions , a global fintech leader, to modernize its operations and lay the groundwork for future growth.. This collaboration marks a major step for Wedbush as it looks to expand into new asset classes, strengthen client and advisor experiences, and stay ahead in the rapidly evolving wealth and fintech space.
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“We want to lead the way in delivering the next generation of clearing, wealth, and fintech solutions,” said Gary Wedbush, CEO of Wedbush Securities. “Broadridge’s proven platforms will allow us to consolidate and automate our operations, embrace innovation, and build the foundation we need to attract and serve the next generation of investors and fintech partners.”
The decision follows an extensive strategic review, with Wedbush set to leverage Broadridge’s trading, post-trade, corporate actions, tax, and regulatory reporting capabilities. The partnership will help the firm streamline processes, enhance efficiency, and create more seamless digital experiences for both advisors and clients.
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Mike Alexander, President of Wealth Management at Broadridge, highlighted the bigger picture: “Wedbush’s move to adopt our end-to-end technology shows the broader shift we’re seeing across the industry, as wealth and clearing firms embrace digital transformation and look to streamline operations and operational consolidation. We’re excited to support their journey and provide the flexibility they need to innovate on their terms.”
By integrating Broadridge’s unified data layer, APIs, AI-driven insights, and real-time digital tools, Wedbush will gain a scalable platform that supports fractional shares, alternative investments, and even digital assets. This will enable the firm not only to modernize existing operations but also to stay nimble as new opportunities emerge in the financial markets.
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With this move, Wedbush positions itself as a forward-looking player in the clearing and wealth management space, while Broadridge continues to demonstrate its role as a trusted partner helping firms lead in a digital-first era.
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