Broadridge Financial Solutions
How’s this for a Long Island success story? Richard Daly, Executive Chairman of the Board at Broadridge Financial Solutions, began Broadridge in the garage of his East Northport, Long Island home with two employees almost 30 years ago. Today, the company has grown to over 10,000 employees and provides communications solutions to almost 90 percent of North American public companies. Technologically, the company processes $6 trillion in securities, daily. They’re self-described as a behind-the-scenes player on Wall Street, or as a former head of the New York Stock Exchange described them, “the most important player on Wall Street that you never heard of.”
How Suffolk IDA Helped Broadridge Financial Solutions
- Property Tax Abatements
- Mortgage Tax Exemptions
- Sales Tax Exemptions
- Approval in 30 Days
- Assistance with other agencies
Daly attributes Broadridge’s dedicated and extremely talented workforce to Suffolk County.
It’s a great place to raise a family, and the diversity of Suffolk County is a major asset in growing our business.
The workforce at Broadridge Financial represents 50 nationalities with a wide-variety of skills and abilities—ranging from production workers to the highest levels of systems and technical analysts.
The Suffolk IDA has provided various financial incentives to help Broadridge grow, thrive and remain on Long Island. “Suffolk County has been a terrific partner over the last 30 years and has been there every step of the way to help our business grow and stay on Long Island,” said Daly. When Broadridge Investor Communication Solutions, Inc., a subsidiary of Broadridge Financial Solutions, came to the IDA for assistance in renovating properties and purchasing equipment, the IDA’s comprehensive incentives package ensured the company could remain in Suffolk County along with its 1,700 jobs and hundreds more to come with the expansion.
I encourage anyone who wants to take advantage of the great talent and lifestyle that you can have for your associates working here in Suffolk County to reach out to the IDA to put together a similar package for you.
Broadridge is one of many similar stories: companies starting small and becoming major players in their industries. We believe your company can be the next Suffolk County success story. We’ll bring together all the key players, discuss financial incentives, network you with workforce training and recruitment resources, and be a partner to you, every step of the way.