Broadridge Financial Solutions, Inc. plans to launch a new app that makes investor voting easier.
The app, which will be available on Android and iPhone, creates a streamlined experience through a single personalized dashboard that allows investors to vote and equips them with new tools and educational resources designed to drive more meaningful engagement.
In 2018, individual investors participated in only 28% of the total voting opportunities available to them, according to ProxyPulse.
“Individual investors have an important voice in the future of the companies that they invest in, yet few realize the power they yield,” said Tim Gokey, president and chief executive officer at Broadridge, in a statement. “This app will empower investors of all kinds to exercise their right to vote and participate in the corporate governance process.”
In addition to voting, the will allow Individual investors to receive important regulatory and educational information relating to corporate direction, such as Board of Director elections, executive compensation and environmental, social and governance (ESG) decisions.
Users will be able to sign-in securely (through thumbprint and facial recognition) and to sign up for mobile push notifications to alert them of meetings and elections. They will also be able to review and change their votes, sign up for electronic delivery from their bank or broker and download materials, among other features.
Broadridge will continue to provide investors the flexibility to vote on whichever platform they choose. In addition to the forthcoming investor app , investors will be able to use their broker’s app, on a desktop or mobile browser via Proxyvote.com, by phone, by mail or in-person at annual meetings. To receive an alert about the new app visit broadridge.com/proxyvoteapp.
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