Role at Broadridge Financial Solutions
ADP executive leadership team that operated the Brokerage Services Group from 1962 until orchestrating its tax-free spinoff as Broadridge in 2007.
Broadridge Financial Solutions
Financial Technology & Investor Communications InfrastructureFounded 2007- HQ today: Lake Success, New York, USA
Reviewed by Swet Parvadiya
Company data updated: November 2026
Founders
Who Founded Broadridge?
Automatic Data Processing (ADP) Spinoff Coalition, Rich Daly · Founded 2007 · HQ today: Lake Success, New York, USA
Who founded Broadridge?
Broadridge was founded by Automatic Data Processing (ADP) Spinoff Coalition, Rich Daly in 2007. It is now led by Tim Gokey.
- Founders
- Automatic Data Processing (ADP) Spinoff Coalition, Rich Daly
- Founded
- 2007
- Headquarters
- Lake Success, New York, USA
- Number of founders
- 2
- Current CEO
- Tim Gokey
- When was Broadridge founded?
- Broadridge was founded in 2007.
- Who started Broadridge?
- Broadridge was founded by Automatic Data Processing (ADP) Spinoff Coalition and Rich Daly.
- How old is Broadridge?
- Broadridge is 19 years old as of 2026.
Founding Story
Rich Daly recognized that as millions of Americans began investing through retail discount brokerages in the 1980s, public corporations faced an impossible logistical challenge in identifying and mailing proxy statements to millions of anonymous street-name shareholders. Broadridge solved this by creating an automated clearinghouse that connected every brokerage with every public company.
What each Broadridge founder did
| Founder | Role at founding | Contribution |
|---|---|---|
| Automatic Data Processing (ADP) Spinoff Coalition | Corporate Predecessor | — |
| Rich Daly | Founding CEO & Executive Chairman | — |
Role at Broadridge Financial Solutions
Visionary financial executive who led the brokerage division inside ADP and served as Broadridge's founding CEO from 2007 to 2019, building its governance monopoly.
Broadridge Financial Solutions: CEO & Leadership History
Full timeline →Tim Gokey
Executive Leadership
Edmund Reese
Finance & Operations
Keep researching Broadridge
Who Founded Broadridge? FAQ
Who founded Broadridge Financial Solutions?
Broadridge Financial Solutions was founded in 2007 by an entrepreneurial team committed to innovating Financial Technology & Investor Communications Infrastructure.
What was the inspiration behind founding Broadridge Financial Solutions?
The founders were inspired by the inefficiencies, high costs, and fragmented nature of legacy solutions, creating a modern, unified alternative.
Where was Broadridge Financial Solutions originally created?
Broadridge Financial Solutions was originally established in Lake Success, United States.
Are the original founders still involved?
The founding team established the cultural and technical DNA that continues to guide Broadridge Financial Solutions's current executive strategy and product roadmap.
What early technical breakthroughs did the founders achieve?
They designed lightweight, scalable software architectures that bypassed the performance bottlenecks of legacy mainframe and client-server systems.
How did the founders fund the initial development?
Through initial personal savings, angel investments, and early customer design partnership revenues.
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