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  "documentTitle": "Broadridge Financial Solutions, Inc. (BR)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2022-09-28 00:00:00",
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      "kind": "callout",
      "text": "While we estimate BR has invested $1.0 billion+ in the UBS wealth platform since launching the project in 2018, its end customer, UBS Americas Wealth Advisors, is slowly bleeding in population. Total Americas Wealth Advisors have declined by 11.7% since 2018.",
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      "text": "While we estimate BR has invested $1.0 billion+ in the UBS wealth platform since launching the project in 2018, its end customer, UBS Americas Wealth Advisors, is slowly bleeding in population.",
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      "text": "UBS Americas Wealth Advisors: 11.7%",
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      "text": "It has been really exciting, this past quarter as we've seen the workstation go live, and it's been in beta the last year, but go live with 15,000 advisers, client service associates, home office associates and others and the feedback on that has been great.",
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      "text": "So you'll see us roll that out over 17,000 associates and employees across the UBS universe over the next coming weeks. So we feel pretty good about that.",
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      "text": "So you'll see us roll that out over 17,000 associates and employees across the UBS universe over the next coming weeks. So we feel pretty good about that. — CFO Reese, Evercore Conf March 3, 2022; It has been really exciting, this past quarter as we've seen the workstation go live, and it's been in beta the last year, but go live with 15,000 advisers, client service associates, home office associates and others and the feedback on that has been great. — CEO Gokey, Q3 2022 Conf Call May 3, 2022",
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      "text": "Source: UBS",
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      "text": "UBS Americas Wealth Advisors headcount table showing quarterly decline from 6,956 in Q1 2018 to 6,139 in Q2 2022.",
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      "text": "Building A Bridge To UBS' Sinking Advisors....",
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