Broadridge Acquires Retirement Plan Technology Provider iJoin
Broadridge Financial Solutions (NYSE:BR) has acquired retirement plan technology provider iJoin, strengthening its position in the retirement services industry. The acquisition combines Broadridge's retirement plan servicing capabilities with iJoin's specialized solutions in participant onboarding, managed accounts, and data analytics.
The strategic combination will enhance Broadridge's ability to serve providers across the retirement ecosystem, offering improved participant outcomes through personalized solutions. iJoin's technology streamlines 401k plan enrollment, enables efficient delivery of managed account solutions, and facilitates personalized education campaigns. The transaction is not expected to materially impact Broadridge's financial results.
Broadridge Financial Solutions (NYSE:BR) ha acquisito il fornitore di tecnologie per i piani pensionistici iJoin, rafforzando la sua posizione nel settore dei servizi pensionistici. L'operazione integra le capacità di servicing dei piani pensionistici di Broadridge con le soluzioni specializzate di iJoin per l'onboarding dei partecipanti, i conti gestiti e l'analisi dei dati.
Questa combinazione strategica migliorerà la capacità di Broadridge di supportare i fornitori dell'ecosistema pensionistico, offrendo risultati migliori per i partecipanti tramite soluzioni personalizzate. La tecnologia di iJoin semplifica l'iscrizione ai piani 401(k), facilita l'erogazione efficiente di soluzioni di conti gestiti e permette campagne di formazione personalizzate. L'operazione non dovrebbe avere un impatto sostanziale sui risultati finanziari di Broadridge.
Broadridge Financial Solutions (NYSE:BR) ha adquirido al proveedor de tecnología para planes de retiro iJoin, reforzando su posición en la industria de servicios de retiro. La compra combina las capacidades de servicio de planes de retiro de Broadridge con las soluciones especializadas de iJoin en incorporación de participantes, cuentas administradas y análisis de datos.
La combinación estratégica permitirá a Broadridge atender mejor a los proveedores del ecosistema de retiro, ofreciendo mejores resultados para los participantes mediante soluciones personalizadas. La tecnología de iJoin agiliza la inscripción en planes 401(k), posibilita la entrega eficiente de soluciones de cuentas administradas y facilita campañas educativas personalizadas. Se espera que la transacción no afecte materialmente los resultados financieros de Broadridge.
Broadridge Financial Solutions (NYSE:BR)는 퇴직연금 기술 제공업체 iJoin을 인수해 퇴직 서비스 분야에서의 입지를 강화했습니다. 이번 인수로 Broadridge의 퇴직 플랜 서비스 역량과 iJoin의 참가자 온보딩, 관리형 계정, 데이터 분석 특화 솔루션이 결합됩니다.
이번 전략적 결합은 Broadridge가 퇴직 생태계 전반의 제공업체들을 더 잘 지원할 수 있게 하며, 개인화된 솔루션을 통해 참가자들의 성과를 개선할 수 있게 합니다. iJoin의 기술은 401(k) 플랜 가입 절차를 간소화하고 관리형 계정 솔루션의 효율적 제공을 가능하게 하며 개인 맞춤형 교육 캠페인을 지원합니다. 이 거래가 Broadridge의 재무실적에 중대한 영향을 미칠 것으로 예상되지는 않습니다.
Broadridge Financial Solutions (NYSE:BR) a acquis le fournisseur de technologies pour plans de retraite iJoin, renforçant ainsi sa position dans le secteur des services de retraite. Cette acquisition associe les capacités de service des plans de retraite de Broadridge aux solutions spécialisées d'iJoin en matière d'intégration des participants, de comptes gérés et d'analyse des données.
Cette combinaison stratégique permettra à Broadridge de mieux servir les prestataires de l'écosystème retraite, offrant de meilleurs résultats pour les participants grâce à des solutions personnalisées. La technologie d'iJoin simplifie l'inscription aux plans 401(k), facilite la mise en œuvre efficace de solutions de comptes gérés et permet des campagnes éducatives personnalisées. La transaction ne devrait pas avoir d'impact significatif sur les résultats financiers de Broadridge.
Broadridge Financial Solutions (NYSE:BR) hat den Anbieter von Rentenplan-Technologie iJoin übernommen und damit seine Position im Bereich der Altersversorgungsdienstleistungen gestärkt. Die Übernahme verbindet Broadridges Serviceleistungen für Rentenpläne mit iJoins spezialisierten Lösungen für Teilnehmer-Onboarding, verwaltete Konten und Datenanalysen.
Die strategische Kombination wird Broadridges Fähigkeit verbessern, Anbieter im Renten-Ökosystem zu bedienen, und bessere Ergebnisse für Teilnehmer durch personalisierte Lösungen ermöglichen. Die Technologie von iJoin vereinfacht die Anmeldung zu 401(k)-Plänen, ermöglicht eine effiziente Bereitstellung verwalteter Kontenlösungen und unterstützt personalisierte Bildungsmaßnahmen. Es wird erwartet, dass die Transaktion die finanziellen Ergebnisse von Broadridge nicht wesentlich beeinflusst.
- Integration of iJoin's technology enhances Broadridge's retirement service capabilities
- Expands service offering with participant onboarding and analytics solutions
- Strategic synergies in data aggregation and standardization
- Strengthens position in growing retirement and wealth management market
- Transaction not expected to have material financial impact
- Integration challenges may arise from combining different technology platforms
Insights
Broadridge's acquisition of iJoin strategically expands its retirement ecosystem capabilities without material financial impact.
Broadridge's acquisition of iJoin represents a strategic expansion of its retirement technology stack rather than a financially transformative deal. The press release explicitly states the transaction is "not expected to have a material impact on Broadridge's financial results," indicating this is a bolt-on acquisition focused on technological synergies.
The deal addresses critical industry trends driving retirement technology demand: increasing personalization requirements, growing interest in lifetime income solutions, and the convergence of retirement and wealth management. By integrating iJoin's participant onboarding, engagement, and analytics capabilities with Broadridge's existing retirement infrastructure, the combined entity can offer more comprehensive solutions to record keepers, advisors, asset managers, and insurers.
The strategic value lies in how iJoin's specialized technology complements Broadridge's services. iJoin brings expertise in plan participant data aggregation and standardization, managed account technologies, and income technologies that will enhance Broadridge's existing retirement plan investment servicing, custody, analytics, and communication solutions. This creates a more holistic technology offering across the retirement ecosystem.
This acquisition aligns with Broadridge's pattern of targeted technology acquisitions to expand service capabilities while maintaining its core focus on financial technology solutions. The retention of iJoin's leadership suggests Broadridge values the specialized expertise and will likely preserve the innovation culture that made iJoin attractive as an acquisition target.
Combined capabilities will help record keepers, financial advisors, asset managers, and insurers improve retirement participant outcomes and unlock growth opportunities
"With increasing demand for personalization, growing interest in lifetime income options, and the convergence of retirement and wealth management, there is a greater need for advanced tools and technology to enable record keepers, plan advisors, asset managers, and insurers to deliver plan participants better onboarding experiences, education and advice," said Mike Tae, Group President of Funds, Issuer, and Data-driven Solutions, Broadridge. "There are strong synergies between iJoin's innovations in plan participant data aggregation and standardization, its managed account and income technologies, and Broadridge's retirement plan servicing capabilities. Together, the solutions will help providers across the retirement ecosystem deliver stronger participant outcomes, accelerate growth and enhance efficiency."
Broadridge's retirement plan investment servicing, custody, analytics, and participant communications solutions will be complemented by iJoin's participant onboarding, managed accounts, retirement income, and data-driven engagement services. The combination will enable Broadridge to more holistically serve providers across the retirement ecosystem with leading retirement enrollment, data, and insights solutions.
"iJoin was founded on the belief that retirement should be more personal for everyone. Our mission has always been to help record keepers, plan advisors, and plan sponsors connect participants to highly personalized, goal-based solutions that lead to better outcomes," said Steve McCoy, CEO of iJoin. "Partnering with Broadridge takes that mission to the next level. Their scale and trusted relationships create new opportunities to accelerate innovation, broaden our reach, and deliver greater value to clients and participants."
iJoin's capabilities enable record keepers to streamline participant enrollment into 401k plans, asset managers and insurers to more efficiently deliver managed account and income solutions, and advisors and their home offices to better identify participant cohorts and execute personalized education and outreach campaigns.
The transaction is not expected to have a material impact on Broadridge's financial results.
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
For more information about us, please visit www.broadridge.com
Forward-Looking Statements
This press release and other written or oral statements made from time to time by representatives of Broadridge may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of words such as "expects," "assumes," "projects," "anticipates," "estimates," "we believe," "could be," "on track," and other words of similar meaning, are forward-looking statements.
These statements are based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. These risks and uncertainties include those risk factors described and discussed in Part I, "Item 1A. Risk Factors" of our Annual Report on Form 10-K for the year ended June 30, 2025 (the "2025 Annual Report"), as they may be updated in any future reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by reference to the factors discussed in the 2025 Annual Report.
Broadridge Contact Information:
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SOURCE Broadridge Financial Solutions, Inc.
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