Financial firm Wedbush enlists Broadridge to revamp its clearing and wealth management systems

Wedbush Securities Partners with Broadridge for Digital Transformation

Wedbush Securities, a leading financial services firm, has announced a strategic partnership with Broadridge Financial Solutions. This partnership aims to fuel digital innovation, business expansion, attract top talent, and deepen client engagement for Wedbush.

Broadridge's strong technology investments have uniquely positioned them to work with firms like Wedbush. Their single post-trade platform supports both wealth management and clearing businesses, offering the flexibility to combine client, Broadridge, and third-party technologies, enabling transformation on their terms.

Gary Wedbush, CEO of Wedbush Securities, stated that this partnership is a major step forward in achieving their vision of delivering next-generation wealth, clearing, and FinTech solutions. The collaboration will integrate with Broadridge's trading and post-trade capabilities, workflow, corporate actions, tax and cost basis reporting, and regulatory reporting services.

Broadridge's platform features for Wedbush include a unified wealth data layer, standardized APIs, workflow and process automation, enhanced digital tools for advisors and end investors, real-time notifications, AI-driven insights, and support for emerging asset classes like fractional shares, alternative investments, and digital asset trading.

Mike Alexander, President of Wealth Management at Broadridge, stated that Wedbush's implementation of Broadridge's end-to-end clearing and wealth technology platforms reflects a broader industry shift toward digital transformation and operational consolidation.

The move is significant for Wedbush as they aim to grow their business, support new asset classes, and deliver superior client and advisor experiences. With Broadridge's wealth management platform, Wedbush will be well-positioned to seamlessly integrate third-party solutions and additional Broadridge services, addressing evolving business needs and continuing to drive innovation across the enterprise.

Broadridge offers a flexible and scalable platform that simplifies complexity, accelerates digital transformation, and unlocks growth opportunities for wealth management, FinTech, and clearing firms. This partnership reflects Broadridge's ongoing commitment to client success and industry innovation.

In September 2025, Wedbush Securities selected Accenture as their strategic technology platform provider to support the transformation of their operational platforms. By partnering with Broadridge, Wedbush Securities has chosen another strategic technology platform provider for their operations transformation.

This partnership between Wedbush and Broadridge will undoubtedly support Wedbush's journey in modernizing its clearing and wealth operations, positioning the firm for success in the ever-evolving financial services landscape.