Mike Alexander, President of Wealth Control, Broadridge, stated:
Broadridge’s partnership with IntraFi expands the provision of securities-based lending to up to now underserved portions of the marketplace — group and regional banks, unbiased broker-dealers, and unaffiliated advisors and RIAs.This leading edge joint answer for banks brings extra capital to endure within the securities-based lending trade and will increase the prospective to amplify get admission to to streamlined liquidity choices in the course of the Broadridge Wealth Lending Community.
Mark Jacobsen, Cofounder and CEO of IntraFi, added:
We’re happy that we will be offering get admission to to Broadridge’s merchandise to hundreds of banks and different monetary establishments in our community. This partnership is a herbal extension of our versatile steadiness sheet control provider.
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