Voya Financial Advisors Inc.
A subsidiary of Voya Financial
699 Walnut St.
Des Moines, IA 50309
Clearing firm: Pershing LLC
Year founded: 1968
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||—||1,800||1,990|
|No. of producing reps||—||1,800||1,990|
|No. of reps producing $100K-$499K /year||—||680||778|
|Total revenues: Other||$21,791,263||$16,933,356||$14,696,537|
|Total account assets||$50,806,920,756||$45,424,358,916||$42,400,208,111|
|Total account assets: Other||$35,903,590,748||$33,415,973,627||$32,006,730,105|
|Average assets per rep||$28,226,067||$22,826,311||$15,594,045|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||—|
February 4, 2019 - Voya Financial Advisors Inc. on Friday told its brokers and financial advisers that a glitch on a biography webpage for its brokers put their Social Security numbers at risk of exposure. According to a memo, Voya Financial Advisors' information technology...
January 26, 2019 - If cybersecurity isn't a top priority at your firm, you might have been hacked already. Long gone are the days of just adopting formal cybersecurity policies and procedures and considering your business and your clients covered. Thanks to an increased...
January 12, 2019 - After spending most of a decade offering guidance and stern warnings, regulators are ready to put enforcement muscle behind cybersecurity rules. A flurry of activity in 2018 at federal and state levels has many legal and security experts expecting 2019...
December 5, 2018 - Executive Summary As many elements of the traditional wealth management business become commoditized, advisors and their firms are seeking more effective ways to add value and stand out in an increasingly competitive environment. Providing personalized...
September 28, 2018 - The charges against Voya Financial Advisors earlier this week, which resulted in the company paying a $1 million settlement, makes clear that the Securities and Exchange Commission is done warning firms about cybersecurity. It's ready to take action....
September 26, 2018 - Voya Financial Advisors will pay $1 million to settle Securities and Exchange Commission charges regarding a data security breach that compromised the personal information of thousands of customers. An SEC order says that over a period of six days in...
August 18, 2018 - Has Trust Company of America hitched its wagon to a star or turned its back on loyal clients? It depends on whom you ask. Either way, the $275 million acquisition in April of TCA by discount broker ETrade has the custodian world buzzing. In one corner...
January 27, 2018 - For years, many wirehouse brokers wouldn't consider moving to an independent broker-dealer â€” and for good reason. The technology at IBDs wasn't on par with the wires. They had no public branding to bring clients in the door. And perhaps above all else,...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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