June 2015

JEGI Represents Thomson Reuters in Sale of Fiduciary Services and Competitive Intelligence Business to Broadridge

New York, NY, June 5, 2015 – Broadridge Financial Solutions, Inc. (NYSE:BR) has completed its acquisition of the Fiduciary Services and Competitive Intelligence unit from Thomson Reuters’ (NYSE:TRI) Lipper division.  The acquisition expands Broadridge’s leading enterprise data and analytics solutions for mutual fund manufacturers, ETF issuers, and fund administrators, adding new global data and research capabilities.  Broadridge announced its agreement to acquire the business on May 21, 2015.  Terms were not disclosed.

The Jordan, Edmiston Group, Inc. (, the leading independent investment bank for the global media, information, marketing and technology sectors, headquartered in New York, NY, represented Thomson Reuters in this transaction.

As previously announced, Broadridge and Thomson Reuters Lipper also entered into a long term content and brand licensing services agreement, under which Thomson Reuters Lipper will provide Broadridge with data on investment product classifications, pricing, performance, benchmarking, product asset positions, and product flows, ensuring continuity of underlying content and methodology.

“Adding these solutions to our well established mutual fund and retirement business provides our clients and the industry with a comprehensive suite of compliance oversight, fee benchmarking and competitive intelligence solutions,” said Gerard F. Scavelli, president of Broadridge’s Mutual Funds and Retirement Solutions Group.  “Broadridge remains committed to delivering quality service to help clients mitigate risks, meet their fiduciary responsibilities and enhance sales productivity.  We welcome Thomson Reuters’ clients and associates to the Broadridge organization.”

All Thomson Reuters Fiduciary Services and Competitive Intelligence unit associates in Denver, Colorado; London, England; and Gdynia, Poland will join the Broadridge organization.  The acquired capabilities will be integrated within Broadridge’s Mutual Fund and Retirement Solutions Group, expanding its existing Access Data suite of market intelligence solutions.

About Thomson Reuters Lipper
Lipper, a Thomson Reuters company, is a provider of independent research, global collective investment content and evaluation tools that enable investors and financial professionals to understand and communicate the value of investment products.  For more information, visit

About Broadridge
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally.  Broadridge’s investor communications, securities processing and business process outsourcing solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities.  With over 50 years of experience, Broadridge’s infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America, and processes more than $5 trillion in fixed income and equity trades per day.  Broadridge employs approximately 6,700 full-time associates in 14 countries.  For more information, visit

About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) has been the leading independent investment bank for the global media, information, marketing and technology sectors for nearly 28 years.  Headquartered in New York, with offices in Boston and Atlanta, as well as affiliates in London and India, JEGI has completed over 500 high‐profile M&A transactions, serving global corporations; middle‐market and emerging companies; entrepreneurial owners; and private equity and venture capital firms.  For more information, visit

“JEGI was instrumental in the sale of our advisory services business. They orchestrated and managed a process which resulted in a successful sale not just for us, the client, but also for the disposal asset as well. We received very good value for the asset we sold and the business was placed with a buyer that would ensure the continued success of the disposed asset. The JEGI team was professional, engaged and paid careful attention to every detail.”
– John Bellizzi, Global Head of Corporate Development, Thomson Reuters