Voya Financial

Voya Financial

Financial services: retirement, investments, insurance

Overview

Voya Financial provides financial services in the United States, focusing on retirement plans, investment management, and insurance for individuals, employers, and institutions. Its products work by offering retirement accounts and investment portfolios for individuals, workplace retirement plans and insurance within employer benefit packages, and tailored investment management for institutions; revenue comes from management fees and insurance premiums. The company differentiates itself through a strong emphasis on corporate responsibility, inclusiveness, and ESG-aligned practices, aiming to build trust and attract both talent and clients. Its goal is to help clients achieve financial confidence and security by offering a comprehensive set of tools for saving, investing, and insuring, fostering long-term relationships and stability.

Significant Headcount Growth

About Voya Financial

Simplify's Rating
Why Voya Financial is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2014

Get referred to Voya Financial

Find people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Employee Benefits earnings surged 37% quarterly in Q1 2026 to $63 million driven by margin expansion and higher fee revenue.
  • July 2026 API integration with SinglepointAI automates onboarding for third-party administrators reducing manual processes and improving data accuracy.
  • June 2026 PATH PEP launch with FuturePlan targets mid-to-large employers with institutional fiduciary oversight and open investment architecture.

What critics are saying

  • Activist investor TOMS Capital demands immediate strategic review or sale after $570 million Benefitfocus acquisition failure within 3 to 6 months.
  • Stop-loss underwriting volatility costing roughly $10 million in Q4 2025 remains a high-impact risk driven by rising medical trends into 2026.
  • Private asset expansion in Advisor Managed Accounts increases exposure to illiquid private equity and credit markets with high valuation and liquidity mismatch risks.

What makes Voya Financial unique

  • Voya manages over $1 trillion in client assets as a Top 5 defined contribution recordkeeper supporting 45,000 employers.
  • Voya uniquely integrates private equity, credit, and real estate access into professionally managed retirement portfolios via its Advisor Managed Accounts program.
  • Voya combines retirement recordkeeping, employee benefits, and investment management under one platform serving 18 million customer relationships.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$10B

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Savings Account (HSA)

Flexible Spending Accounts (FSA)

Rally wellness program

Employee Assistance Program (EAP) and Work Life Services

Behavioral Health Family Support Program

Livongo support for diabetes, hypertension, and weight management

AccessHope cancer support

Wellthy caregiving assistance

Back-up child care and elder care

Health Advocate

ABLE accounts

Legal insurance

Identity theft protection

Voya Foundation Matching Gift Program

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

16%

1 year growth

16%

2 year growth

16%
WeeklyReviewer
Jul 7th, 2026
Palladium Energy closes development loan financing with Voya Investment Management to advance its utility-scale solar development pipeline.

Palladium Energy closes development loan financing with Voya Investment Management to advance its utility-scale solar development pipeline. Science · JUL 7, 2026 PR Newswire JACKSONVILLE, Fla., July 7, 2026 /PRNewswire/ - Palladium Energy (Palladium), a leading power developer in the United States, today announced the closing... JACKSONVILLE, Fla., July 7, 2026 /PRNewswire/ - Palladium Energy (Palladium), a leading power developer in the United States, today announced the closing of a $66 million development loan facility provided by Voya Investment Management through its renewable energy and sustainable infrastructure debt platform. The financing supports the continued development of a portfolio of advanced-stage projects with executed long-term offtake contracts totaling more than 300 MW in South Carolina, part of a broader, growing pipeline of power and digital infrastructure projects that Palladium is developing across multiple markets. This transaction reflects the strength of Palladium's platform, execution capabilities, and the quality of its project pipeline. "This financing marks a significant milestone for Palladium and a strong endorsement of the platform we have built, our team's execution capabilities, and the high-value, advanced-stage project pipeline we continue to develop," said Danny Weidlich, co-founder and Chief Executive Officer of Palladium Energy. "We are proud to work alongside Voya, who has been a strong and valued partner throughout this process. Their commitment and support will be integral as we continue to execute on our pipeline of projects and deliver sustainable, renewable energy to communities across the country." "We are pleased to support Palladium Energy in advancing a high-quality portfolio of utility-scale solar projects. This transaction reflects our continued commitment to financing renewable energy projects and partnering with experienced developers to accelerate the transition to a more sustainable energy system" said Edward Levin, Managing Director and Co-Head Direct Infrastructure, Voya Investment Management. King & Spalding LLP served as legal counsel to Voya Investment Management. Barnes & Thornburg LLP served as legal counsel to Palladium Energy. U.S. Bank served as administrative agent for the facility. About Palladium Energy Palladium Energy, founded in 2019 in Jacksonville, FL, is committed to providing clean and sustainable energy across the country for a brighter future through the acquisition, development, and financing of utility-scale power and digital infrastructure projects. Since its founding, Palladium has built a robust, multi-state pipeline of projects, underscoring its team's execution capabilities and its platform's ability to advance high-value projects from origination through development. About Voya Investment Management Voya Investment Management (IM) manages approximately $353 billion as of March 31, 2026, in assets across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors. Drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals, Voya IM has cultivated a culture grounded in a commitment to understanding and anticipating clients' needs, producing strong investment performance, and embedding inclusion in its business. SOURCE Palladium Energy, LLC Published by News Desk · WeeklyReviewer The WeeklyReviewer news desk monitors breaking developments around the clock - sourcing, verifying, and publishing real-time industry news across business, technology, politics, science, sports, and world affairs. Every story that comes through the Live Wire is reviewed for accuracy before publication, keeping our readers ahead of the curve without the noise.

FinancialContent
Jul 7th, 2026
Voya Financial expands its Advisor Managed Accounts program with additional capabilities in alternatives and private assets.

Voya Financial expands its Advisor Managed Accounts program with additional capabilities in alternatives and private assets. Published at July 7th 2026, 9:00 AM EDT via Business Wire i This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness. Voya Financial, Inc. (NYSE: VOYA) today announced the expansion of private asset capabilities within its existing Advisor Managed Accounts (AMA) program. These enhanced capabilities allow registered investment advisors (RIAs) to allocate to private market investments - including private equity, private credit and private real estate - within personalized, professionally managed portfolios for plan participants. Launched in 2021, Voya's AMA program enables RIAs to deliver education alongside personalized, professionally managed portfolios to retirement plan participants through a consistent user experience. "This solution gives plan sponsors a way to offer employees access to private markets through a program combining education, professional management, ongoing account oversight and our focus on designing solutions that support long-term outcomes," said Amy Vaillancourt, president, Retirement. "Professionally managed solutions like advisor managed accounts can help participants navigate more complex investment options with greater confidence, while providing structured access to a broader set of investments." Today's news builds on the launch of Voya's Primary Plus, an expanded lineup of non-core investment solutions which allows third-party RIA firms that offer a managed account program through Voya, the ability to introduce investment options outside of a plan's core investment lineup. These capabilities are designed to work together to help participants diversify their portfolios within a professionally managed framework, particularly as they move closer to retirement. Due to their specialized structures and investment horizons, private markets have historically been limited to a narrower group of investors, even as more individuals build savings through workplace plans and look to diversify their portfolios. Reflecting its strong commitment to making high-quality investment solutions more accessible, Voya has a decade-long experience of successfully integrating private assets into custom asset allocation portfolios, and this move builds on and extends those capabilities across the AMA platform. Initially, RIAs will have access to Voya Investment Management's recently announced V-ALT collective investment trusts (CITs) and Blue Owl's Alternative Credit CIT (OWLCX) and Real Estate Net Lease CIT (ORENT). Voya will continue to evaluate and add managers and strategies through its established governance process with a focus on disciplined portfolio construction and long-term participant outcomes. About Voya Financial(R) Voya Financial, Inc. (NYSE: VOYA) is a leading retirement, employee benefits and investment management company. Voya's services and solutions help clear the path to financial confidence and a more fulfilling life for individual, workplace and institutional clients, supporting more than 18 million customer relationships. Certified as a "Great Place to Work" by the Great Place to Work(R) Institute, Voya fosters a culture that values customer centricity, integrity, accountability, agility and inclusivity. Together with customers and partners, Voya employees fight for everyone's opportunity for a better financial future. For more information visit voya.com and follow Voya Financial on LinkedIn, Facebook and Instagram. Advisor Managed Accounts is offered by Morningstar Investment Management LLC and is intended for citizens or legal residents of the United States or its territories. The portfolios available through Advisor Managed Accounts are created by an investment adviser (the "IA") chosen by a plan sponsor. Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc., is responsible for participant portfolio assignment from those portfolios created by the IA. The IA is not affiliated with Morningstar Investment Management and Morningstar Investment Management is not responsible for the portfolios the IA creates. The IA is not responsible for the portfolio selection made by Morningstar Investment Management, nor for other recommendations made by Morningstar Investment Management through Advisor Managed Accounts. Investment advice delivered by Morningstar Investment Management is based on information provided and limited to the investment options available in each retirement plan. Projections and other information regarding the likelihood of various retirement income and/or investment outcomes are hypothetical in nature, do not reflect actual results, and are not guarantees of future results. Results may vary with each use and over time. Morningstar Investment Management and Morningstar, Inc. are not affiliated with the Voya family of companies. A note about risk: Private equity: Private equity investments are subject to various risks. These risks are generally related to: (i) the ability of the manager to select and manage successful investment opportunities; (ii) the quality of the management of each company in which a private equity fund invests; (iii) the ability of a private equity fund to liquidate its investments; and (iv) general economic conditions. Private equity funds that focus on buyouts have generally been dependent on the availability of debt or equity financing to fund the acquisitions of their investments. Depending on market conditions, however, the availability of such financing may be reduced dramatically, limiting the ability of such private equity funds to obtain the required financing or reducing their expected rate of return. Securities or private equity funds, as well as the portfolio companies these funds invest in, tend to be more illiquid, and highly speculative. Private credit: Foreign investing does pose special risks, including currency fluctuation, economic, and political risks not found in investments that are solely domestic. As interest rates rise, bond prices may fall, reducing the value of the share price. Debt securities with longer durations tend to be more sensitive to interest rate changes. High yield securities, or "junk bonds," are rated lower than investment grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities. Other risks of private credit include, but are not limited to: credit risks, other investment companies risks, price volatility risks, inability to sell securities risks, and securities lending risks. Contacts. Report this content If you believe this article contains misleading, harmful, or spam content, please let us know.

Connecticut Society of CPAs
May 14th, 2026
Rachel Tressy, CPA, CIA, CRMA of Voya Financial, Inc. honored with Jack Brooks Leadership Award.

Rachel Tressy, CPA, CIA, CRMA of Voya Financial, Inc. honored with Jack Brooks Leadership Award. May 14, 2026 Ctcpas is delighted to announce that Rachel Tressy, Executive Vice President and Chief Auditor at Voya Financial, is the recipient of this year's Jack Brooks Leadership Award and will be honored at the 2026 CTCPA Annual Meeting. Rachel Tressy exemplifies what it means to be a dedicated leader, mentor, and advocate for others. Over the years, she has risen through the volunteer ranks of the CTCPA with unwavering commitment, serving first on the Nominating Committee, then on the Advisory Council, and most recently on its Audit Committee and the Board of Directors, where she is completing her two-year term. Rachel is Executive Vice President and Chief Auditor for Voya Financial, Inc., a leading retirement, employee benefits, and investment management company. In that role, she has been an invaluable voice for CTCPA members working in business and industry within its organization. She is known for her openness, generosity with her time, and willingness to share her expertise. Whether answering questions, offering thoughtful guidance, or speaking up to provide perspective, she consistently helps strengthen its community. Rachel is also a powerful example of a leader who lifts others up. She has been an instrumental member of its Women's Awards planning committee over the last several years; when a keynote speaker fell ill days before the program, Rachel immediately stepped up to the plate. She led an inspiring fireside chat with its emcee with very little preparation time, and her thoughtful reflections and authentic message resonated deeply with attendees. Beyond the CTPCA, Rachel's commitment to empowering women and girls is evident in her service on the Board of Directors for Grace Academy, an all-girls, tuition-free middle school in Hartford. Each year, she sponsors students from the school to attend the Women's Awards program so they can see strong female leadership in action and envision the possibilities for their own futures. Through both her words and her actions, Rachel Tressy embodies the values of leadership, mentorship, and service. She is deeply committed to supporting and empowering women at every stage, from middle school students just beginning to dream about their futures to professionals navigating leadership in their careers.

TriNet
Mar 24th, 2026
TriNet unveils platform innovations purpose-built for Today's small and medium-size businesses.

TriNet unveils platform innovations purpose-built for Today's small and medium-size businesses. New ai-driven HR support, global workforce, IT asset management, and retirement plan integrations help SMBs manage their workforce through one connected platform. Las Vegas, NV - March 24, 2026 - Today, at Transform, the premier global community shaping the future of people and work, TriNet (NYSE: TNET) announced strategic expansions to the TriNet platform that reflect how the future of work is reshaping the way teams are built, supported, and managed. As a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), TriNet's new platform innovations include AI-powered HR support, global workforce management, IT operation, and retirement plan integrations, giving SMBs a more connected, scalable way to manage their workforce from a single, integrated system. "Today's businesses need connected systems that work together seamlessly, not more tools to manage," said Jeff Hayward, EVP, Chief Service and Technology Officer at TriNet. "By embedding AI, IT automation, global workforce capabilities, and retirement plan connectivity into the TriNet platform, we're giving SMBs a unified technology foundation that reduces friction, increases accuracy, and supports long-term growth." "Work is evolving quickly, and SMBs need technology that helps them stay ahead of that change," said Lisa Reeves, Chief Product Officer at TriNet. "Our focus is on building a platform that's proactive, flexible, and intuitive, so our customers can manage complexity behind the scenes and stay prepared for what's next, without adding operational burden." The latest innovations introduced by TriNet include: * TriNet Assistant: TriNet is advancing its AI capabilities with TriNet Assistant, a secure, AI-powered gateway that combines advanced technology with deep HR expertise. Built on TriNet's expansive data and organizational knowledge, TriNet Assistant enables customers to access personalized answers, complete tasks, and make informed decisions through a conversational experience. AI handles repetitive and administrative work, while experienced HR professionals remain central to delivering strategic insight and guidance - allowing customers to benefit from both speed and expertise. * TriNet Global, Powered by Multiplier: As more companies adopt global workforce strategies, TriNet Global, powered by Multiplier, enables businesses to hire, manage, and pay talent without the traditional complexity of global employment. TriNet Global delivers built-in compliance, localized benefits, and ongoing support, while embedding key workflows such as onboarding, offboarding, and reporting directly into the TriNet platform. Employers gain a centralized view of their global workforce, enabling faster international expansion with confidence. "TriNet is the gold standard in U.S. HR, and Multiplier is purpose-built for global employment. This partnership brings those two strengths together in one place, giving TriNet customers compliant hiring and payroll in 150+ countries without the complexity. That's how we're helping businesses hire the best global talent, wherever they are," said Sagar Khatri, CEO and Co-founder, Multiplier. * TriNet IT, Powered by Electric AI: TriNet is expanding into IT asset management with TriNet IT, powered by Electric AI, bringing device and asset management directly into core HR workflows. With TriNet IT, actions such as device ordering, provisioning, and access management are embedded into onboarding and offboarding processes. Companies can reduce IT workload, save on hardware costs, and mitigate security risk - while employees are equipped, secure, and productive from day one. "The future of IT and HR is connected, and the partnership between Electric AI and TriNet brings that vision to life," said Ryan Denehy, Founder and CEO, Electric AI. "By combining TriNet's leading HCM platform with Electric's automated IT platform, we're helping businesses seamlessly onboard, secure, and support their teams from day one." * Expanded Retirement Plan Integrations with Leading Providers: TriNet will also be simplifying retirement plan administration through pre-built, connector-based integrations with leading retirement providers, beginning with Voya and Vestwell. To learn more about TriNet's updates and see demonstrations, visit TriNet at Transform at the Wynn Las Vegas, Booth 153, or go to: https://www.trinet.com/launch. About TriNet TriNet is a leading provider of Human Resources solutions for small and medium-size businesses, offering advanced technology-enabled services that include human capital expertise, employee benefits such as health and retirement plans, payroll and payroll tax administration, risk mitigation, and compliance consulting. Our long-term objective is to be the premier provider of HR services for a broad range of SMBs through industry leading benefits, sales distribution excellence, and a world class services delivery model. For more information, visit TriNet.com or follow us on Facebook, LinkedIn and Instagram. | Investors: Alex Bauer TriNet [email protected] | Media: Renee Brotherton / Josh Gross TriNet [email protected] [email protected] | TriNet and the TriNet logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

Investing.com
Mar 2nd, 2026
Voya Financial completes $400 million senior notes offering due 2036 By Investing.com

Voya Financial completes $400 million senior notes offering due 2036

Recently Posted Jobs

Sign up to get curated job recommendations

Voya Financial is Hiring for 89 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →