Broadridge Acquires Retirement Plan Technology Provider iJoin

Core Insights - Broadridge Financial Solutions has acquired iJoin, a retirement plan technology provider, to enhance participant onboarding, engagement, and analytics solutions in the retirement industry [1][2][3] Company Overview - Broadridge is a global technology leader in financial services, processing over 7 billion communications annually and facilitating daily trading of over $15 trillion in various securities [5] - The acquisition of iJoin is expected to complement Broadridge's existing retirement plan servicing capabilities, enhancing its offerings in participant onboarding and data-driven engagement [2][4] Strategic Rationale - The acquisition aims to address the increasing demand for personalized retirement solutions and the convergence of retirement and wealth management [2][3] - iJoin's technology will enable record keepers and financial advisors to streamline participant enrollment and deliver managed account solutions more efficiently [3] Expected Outcomes - The combined capabilities of Broadridge and iJoin are anticipated to improve participant outcomes, accelerate growth, and enhance operational efficiency across the retirement ecosystem [2][3]