Broadridge acquires retirement plan custody and trust assets from TD Ameritrade

Apr 17, 2019 - Global Custodian

FinTech firm Broadridge is taking over the retirement plan custody and trust assets from TD Ameritrade Trust, expanding its pension fund and third-party support services.

The acquisition of the assets marks the continued expansion of Broadridge’s Matrix Financial Solutions, its mutual funds and exchange traded fund (ETF) trade processing platform, for the US pension industry with access to more than 25,000 funds.

The additional capacity to provide directed trustee, custody, mutual ...