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Worldsource Financial Management selects Broadridge’s wealth management platform


Worldsource Financial Management and Worldsource Securities have selected Broadridge’s suite of wealth and mutual fund management technology solutions as the foundation of their end-to-end business process platforms.

Broadridge’s integrated suite of solutions is designed to enhance operational efficiency, mitigate risk and drive business value across the investment lifecycle. Leveraging Broadridge’s industry-leading Dataphile platform allows investment firms and their advisors to manage and execute business processes upstream and downstream and across the client relationship lifecycle. The advisor desktop modules are managed through an innovative digital platform which includes automated client on-boarding and pre- and post-sale regulatory and marketing communications. Fully integrated with the back office system, the desktop modules feature dynamic, intuitive interfaces that support immediate, real-time postings, full account history, and multiple investment funds as well as foreign currencies. These solutions enhance efficiency and effectiveness for advisors and support revenue growth in an efficient and automated manner.
“Leveraging our market-leading wealth management platform, Broadridge has developed innovative desktop solutions for advisors that connect the upstream and downstream process, to help clients drive better business performance,” says Michael Dignam, President, Broadridge Canadian Securities Processing Solutions. “We are focused on utilising next generation technology to help clients, and the industry, get ahead of today’s challenges to capitalise on what’s next.” 
As investment and mutual fund firms look for ways to capture growth opportunities, advisor retention efforts have become increasingly important. By giving advisors an efficient next-generation technology platform to support their business strategies, firms can optimise retention and encourage revenue growth. Partnering with Broadridge also gives investment firms the opportunity to leverage the efficiency of a single-source vendor as well as the service, support and experience of an industry leader.
“Worldsource has a singular focus: to provide sophisticated and comprehensive support to independent advisors across Canada. Broadridge’s integrated solutions are important tools that will enhance this aim,” says John Hunt, President & CEO, Worldsource Financial Management Inc. and Worldsource Securities Inc. “From an enterprise perspective, Broadridge and Dataphile’s client onboarding, digital communications and delivery solutions are seamlessly integrated, and we are confident this comprehensive platform will provide notable efficiencies and scalability to our operations.”
Worldsource has built strong, strategic partnerships with entrepreneurial advisors, planning firms and financial institutions across Canada since 1989, supporting both the mutual fund and securities channels. “We are an organisation built on stability and innovation, driven to provide our advisors a vast range of resources, tools and expertise to complement and enhance their operations,” notes Hunt. “A partnership with Broadridge further strengthens this commitment, offering a technologically advanced environment for advisors to conduct their business and effectively deliver superior wealth management services to their clients.”
Broadridge offers a full suite of solutions that enable broker-dealers and their advisors to meet the increasingly diverse and individualised needs of investors through a highly flexible, future-ready operating platform. One third of North American Wealth Management accounts use Broadridge’s technology platform, supporting approximately 80,000 financial advisors globally, and servicing over 36 MFDA and IIROC firms in Canada.

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