- Voya Financial, headquartered in New York, is a diversified financial services company that focuses on retirement, investment management, and employee benefits, with over $1 trillion in combined assets under management as of 2025.
- In 2025, Voya generated approximately $775 million in excess capital, a 19% increase from the previous year, and reported over $1 billion in pre-tax adjusted operating earnings, reflecting strong financial performance and disciplined execution.
- Voya Financial supports the U.S. Department of Labor's proposed framework for expanding retirement investment choices, emphasizing fiduciary governance and participant education, which aligns with their commitment to enhancing customer value.
- Ideal buyers for Voya include plan sponsors and fiduciaries seeking robust retirement solutions, as Voya addresses the need for improved investment choice and governance, particularly in light of evolving regulatory frameworks.
Voya Financial's workforce is organized into 18 departments, with Operations being the largest at 917 employees, followed by Finance with 452 and Information Technology at 437. This distribution indicates a strong emphasis on operational efficiency and financial management, essential for a diversified financial services firm. The presence of significant headcounts in community and social services, engineering, and human resources further illustrates a balanced approach to supporting both internal functions and client-facing services.
The company's workforce is distributed across 366 locations, with New York, NY housing the largest concentration at 652 employees, followed by Atlanta, GA with 250 and Minneapolis, MN with 186. The 'Other' category accounts for a substantial 1,486 employees, suggesting a significant remote or distributed workforce. This geographic distribution highlights Voya Financial's ability to operate effectively across multiple regions while maintaining a central presence in key urban markets.
