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How Does VOYA Financial Advisors, Inc. Help Clients? – Key Takeaways:
VOYA Financial Advisors, Inc. (VOYA) is a financial services firm that provides comprehensive financial planning and wealth management services to its clients. The firm prides itself on being a trusted financial expert that helps clients achieve their financial goals and secure their financial future. Here are the key takeaways on how VOYA Financial Advisors, Inc. helps its clients:
- VOYA creates personalized financial plans for each client based on their unique goals, risk tolerance, and time horizon.
- The firm offers a wide range of financial services, including retirement planning, investment management, insurance planning, and estate planning.
- VOYA advisors have access to a vast array of investment products, including stocks, bonds, mutual funds, and alternative investments, allowing them to create diversified portfolios that align with each client’s objectives.
- The firm prioritizes regular communication and ongoing monitoring of client portfolios to ensure they stay on track and make necessary adjustments as a client’s financial situation changes.
- VOYA takes a holistic approach to financial planning, considering all aspects of a client’s financial life, such as tax implications, insurance needs, and estate planning, to develop a comprehensive and integrated plan.
Facts and Insights about VOYA Financial Advisors, Inc.
To understand the scope and success of VOYA Financial Advisors, Inc., it is essential to look at the numbers. Here are some key facts and insights about VOYA:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $20.1 billion (as of December 31, 2020) | approximately 2,000 | over 40 years |
These numbers highlight the firm’s significant presence in the financial services industry and the trust and confidence that clients have in VOYA’s advisors. With over four decades of experience, VOYA has built a reputation for delivering exceptional financial advice and helping clients achieve their financial goals.
Financial Services Offered by VOYA Financial Advisors, Inc.
VOYA Financial Advisors, Inc. offers a range of financial services to its clients to support their long-term financial success. Here are the main services provided by VOYA:
- Retirement planning
- Investment management
- Insurance planning
- Estate planning
- Tax planning
The firm’s comprehensive approach to financial planning allows clients to receive all the services they need in one place, making it convenient and efficient for clients to manage their finances and work towards their financial goals.
Client Types at VOYA Financial Advisors, Inc.
VOYA Financial Advisors, Inc. serves a diverse range of clients, including:
- Individuals and families
- Small business owners
- Corporate and institutional clients
- Retirees and pre-retirees
The firm’s broad client base attests to its ability to cater to clients with various financial needs and goals. Whether a client is just starting to build their wealth or planning their retirement, VOYA has the expertise and resources to guide them towards financial success.
Fees and Compensation at VOYA Financial Advisors, Inc.
VOYA Financial Advisors, Inc. follows a fee-based compensation structure, which means that advisors receive a percentage of the assets they manage as their fee. This approach aligns the advisor’s interests with the clients’ goals. When clients’ portfolios grow, so does the advisor’s fee. The firm also provides clients with a transparent breakdown of their fees, helping them understand the cost of working with VOYA and the value they receive in return.
Background of VOYA Financial Advisors, Inc.
VOYA Financial Advisors, Inc. is a subsidiary of Voya Financial, Inc., a leading financial services firm with a long history of serving clients and communities. With over $7 billion in revenue and $187 billion in assets under management, Voya Financial, Inc. is a