Broadridge Financial Solutions completed acquisition of Fi360.

Broadridge Financial Solutions, a $4bn global Fintech provider, completed acquisition of Fi360, a provider of fiduciary-focused software, data and analytics for financial advisors and intermediaries across the retirement and wealth ecosystem. Financial terms were not disclosed. “The shift to fee-based advice and imminent regulatory changes, including the SEC’s Regulation Best Interest, are increasing the scrutiny on firms to ensure that they are demonstrating prudent advisory practices. Our goal is to help firms stay ahead of this evolving regulatory landscape. Integrating Fi360’s solutions set with Broadridge’s leading wealth and retirement solutions will enable better support for clients as they build and maintain responsible fiduciary practices,” Michael Liberatore, Broadridge’s Head of Mutual Fund and Retirement Solutions business.