Broadridge announces success of FHSA solution [Wealth Professional (Canada)]
Broadridge Financial Solutions, Inc. (BR)
Last broadridge financial solutions, inc. earnings: 1/31 07:00 am
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broadridge-ir.com
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Source: Wealth Professional
Global Fintech leader Broadridge Financial Solutions has announced that its First Home Savings Account (FHSA) solution has been successful as it had administered over 440,000 accounts among all of its clients. First launched in June 2023, Broadridge's FHSA solution allowed first time homebuyers to save up in order to purchase their first home. The firm's clients were the first ones who were able to utilize the solution which has led to investors saving up over $1.8 billion AUM. Praneil Ladwa, chief product officer and head of international operations at brokerage firm Questrade Financial Group had expressed how the FHSA's introduction to its businesses had been one of the most in-demand rollouts it had seen. “Our success would not have been possible without our trusted partner, Broadridge, who was not only a key contributor towards ensuring that we were first to bring the FHSA to market, but also in delivering on our commitment to be there for Canadians as they take the importa
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BR
Earnings
- 5/8/24 - In-Line
BR
Sec Filings
- 5/16/24 - Form 8-K
- 5/10/24 - Form 4
- 5/10/24 - Form 144
- BR's page on the SEC website