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Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.
Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.
Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.
With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.
For more information about Voya Financial, Inc., visit voya.com.
Voya Financial, Inc. (NYSE: VOYA) has awarded $5,000 scholarships to four college students from Medgar Evers College in Brooklyn as part of the Voya Teacher Voices program. The recipients, specializing in early childhood and special education, were selected by a committee of prominent educators. This initiative reflects Voya's commitment to diversifying the educator workforce and supporting underserved communities. Established in 2018, the Voya Teacher Voices program aims to empower teachers and improve educational outcomes through various supportive measures.
Voya Investment Management has finalized its acquisition of the investment advisory business and assets of Tygh Capital Management, a Portland-based specialist in small-cap growth investing. The acquisition includes TCM's $529 million Small Cap Growth Fund, with its investment team joining Voya IM to enhance its equities platform. The TCM team will maintain its investment approach while utilizing Voya's distribution capabilities. Financial terms were not disclosed, but the transaction is not expected to materially impact Voya's financial position.
On Dec. 29, 2021, Voya Financial (NYSE:VOYA) declared a quarterly dividend of $0.20 per share on its common stock. As a result, the exercise price of its Warrants was adjusted from $47.62 to $47.48 per share, effective immediately. Additionally, the number of shares that each Warrant can purchase has been tweaked to 1.002864293. Voya is recognized for its social and environmental responsibility, serving 14.8 million clients and managing $718 billion in assets as of Sept. 30, 2021.
Voya Investment Management has been recognized in Pensions & Investments magazine's "2021 Best Places to Work in Money Management," ranking sixth among firms with 500-999 employees. This marks the seventh consecutive year Voya IM has received this accolade. CEO Christine Hurtsellers emphasized the supportive culture at Voya, particularly during the pandemic. Unique employee benefits include paid volunteer hours and a Diversity Celebration Day. Voya also gained recognition in the 2021 Bloomberg Gender-Equality Index and as one of the World’s Most Ethical Companies for eight years running.
Voya Financial (NYSE: VOYA) announced its participation in the Goldman Sachs 2021 US Financial Services Conference on December 7, 2021, at 10:40 a.m. ET. Key executives, including Chairman and CEO Rodney O. Martin, Jr., Vice Chairman and CFO Michael Smith, and CEO of Voya Investment Management Christine Hurtsellers, will represent the company. Interested participants can access the webcast via Voya's website. As of September 30, 2021, Voya manages $718 billion in assets, serving 14.8 million clients, with a revenue of $7.6 billion in 2020.
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