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Wedbush selects Broadridge technology to expand business


02 September 2025 US
Reporter: Carmella Haswell

Generic business image for news article
Image: Chandlerlikes/stock.adobe.com
Wedbush Íø±¬³Ô¹Ï, a provider of securities brokerage, clearing, custody, and fintech services, has selected Broadridge Financial Solutions as its technology platform provider.

This move marks a significant step for Wedbush as it seeks to grow its business, support new asset classes, and deliver improved client and advisor experiences in the clearing, wealth, and fintech markets.

Wedbush will integrate with Broadridge’s trading and post-trade capabilities, workflow, corporate actions, tax and cost basis reporting, as well as regulatory reporting services.

The collaboration will help Wedbush fuel digital innovation and business expansion, attract top talent, and deepen client engagement, the firm says.

Gary Wedbush, CEO of Wedbush Íø±¬³Ô¹Ï, says: “At Wedbush, our vision is to be at the forefront of delivering next-generation wealth, clearing, and fintech solutions for our clients and partners, and having proven end-to-end, cutting-edge operations platforms is key to accomplishing that.

“By powering our technology evolution with Broadridge’s trusted solutions, we are taking a major step forward in consolidating and further automating our operations, embracing innovation, and laying the foundation for capabilities that will enable us to attract and serve the next generation of investors and fintech partners.â€

Broadridge offers a single post-trade platform that supports both wealth management and clearing businesses, with the flexibility to combine client, Broadridge, and third-party technologies.

Wedbush will benefit from features including a unified wealth data layer, standardised APIs, workflow and process automation, enhanced digital tools for advisors and end investors, real-time notifications, and support for emerging asset classes including digital asset trading.

Mike Alexander, president of Wealth Management at Broadridge, adds: “Wedbush’s implementation of our leading end-to-end clearing and wealth technology platforms reflects a broader industry shift toward digital transformation and operational consolidation as firms strive to deliver innovation, scale, and superior client experiences.

“This is a significant leap forward in Wedbush modernising its clearing and wealth operations, and we’re excited to support their journey.â€
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