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Broadridge Expands Wealth Management Capabilities by Acquiring Innovative Digital Marketing Platform
Acquisition of AdvisorStream expands digital engagement capabilities for financial advisors
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NEW YORK, June 9, 2021 /PRNewswire/ Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that it has acquired
AdvisorStream, a leading provider of digital engagement and marketing solutions for the global wealth and insurance industries. The acquisition expands Broadridge s front-to-back office wealth capabilities, positioning Broadridge to serve growth-oriented advisors and firms looking to attract and engage prospects and clients across key digital channels.
AdvisorStream s leading advisor marketing platform enables advisors to drive revenue and growth by providing personalized and consistent client communications. The platform combines powerful marketing automation with highly engaging cont
The Globe and Mail Kevin Mulhern
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The key to productivity “is in not spending time, but in investing it,” best-selling author Stephen R. Covey once said. So, why is it that the average financial advisor spends more than 53 hours a week working on many tasks that could easily be automated and free them up to focus on the things they would rather be doing, like building solid relationships with their clients?
Specifically, the U.S. research from which that figure was obtained suggests advisors spend an average of 4.2 hours a week on administrative tasks, six hours a week on client service tasks, and nine hours a week prospecting for new clients, all of which can be cut down significantly with new and emerging automation tools.