{{short description|American financial services company}} {{Infobox company | name = Voya Financial, Inc. | logo = Voya Financial logo.png | image = Helmsley_47_partsun_jeh.jpg | image_caption = Headquarters at Helmsley Building | type = Public company | traded_as = {{ubl|{{NYSE|VOYA}}|S&P 400 component}} | predecessor = ING U.S. | founded = {{Start date and age|1991}}<br>(As an ING subsidiary) | location = Helmsley Building<br>New York City, U.S. | industry = Financial services | products = {{nowrap|Retirement services}}<br>Insurance<br>{{nowrap|Asset management}}<br>{{nowrap|Employee benefits}} | key_people = Heather Lavallee (CEO)<br>{{nowrap|Michael S. Smith}}<br>{{nowrap|{{small|(CFO)}}}} | revenue = {{decrease}} {{US$|7.6 billion|link=yes}} (2020) | operating_income = {{nowrap|{{increase}} US$495 million (2020)}} | net_income = {{nowrap|{{increase}} US$-158 million (2020)}} | assets = {{increase}} US$180 billion (2020) | equity = {{decrease}} US$11.3 billion (2020) | num_employees = 9,000 | num_employees_year = 2024 | website = {{URL|voya.com}} | footnotes = <ref name="10-K 2020">{{cite web|url=https://investors.voya.com/financials/sec-filings/sec-filings-details/default.aspx?FilingId=13942195|title=US SEC: Form 10-K Voya Financial, Inc.|publisher=U.S. Securities and Exchange Commission|access-date=April 2, 2021}}</ref> }}
'''Voya Financial''' is an American financial, retirement, investment and insurance company based in New York City. Voya began as '''ING U.S.''', the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering.<ref name=gardyasz2014/> In April 2014, the company rebranded itself as '''Voya Financial'''.<ref name=mathis2014>{{cite news|author=Mathis, Karen Brune|title=ING U.S. becomes Voya|work=Financial News & Daily Record|date=21 Mar 2014|location=Jacksonville, Florida}}</ref> Voya's predecessors had first entered the U.S. market in the 1970s.
Voya Financial returned to the Fortune 500 list in 2024, coming in at #487 with $7.3 billion in revenue.<ref>{{Cite web |title=Voya Financial |url=https://fortune.com/company/voya-financial/ |access-date=2024-06-09 |website=Fortune |language=en}}</ref>
==Operations== [[File:Voya Financial Building, Minneapolis, August 2014.jpg|thumb|right|275px|One of three Voya Financial buildings in Minneapolis]]
The company's main center for broker-dealer (the ''ING Financial Partners'' division)<ref name=gardyasz2014 /> and annuities businesses is located in Des Moines, Iowa.<ref name=patane2015 /> This center was first established in 1997 and employed 400 as of late 2014.<ref name=gardyasz2014>{{cite news |author=Gardyasz, Joe |title=ING rebranding as Voya Financial |url=http://businessrecord.com/Content/Finance---Insurance/Finance---Insurance/Article/ING-rebranding-as-Voya-Financial/171/833/62706 |access-date=21 Apr 2015 |work=Business Record |publisher=Business Publications |date=14 Mar 2014 |location=Des Moines, Iowa |archive-date=4 May 2015 |archive-url=https://web.archive.org/web/20150504201808/http://businessrecord.com/Content/Finance---Insurance/Finance---Insurance/Article/ING-rebranding-as-Voya-Financial/171/833/62706 |url-status=dead }}</ref><ref name=patane2015>{{cite news |author=Patane, Matthew |title=Voya's Des Moines office to celebrate end of rebranding |url=http://www.desmoinesregister.com/story/money/companies/financial-services/2014/09/02/des-moines-voya-celebrate-end-of-rebranding/14957433/ |access-date=21 Apr 2015 |work=The Des Moines Register |date=2 Sep 2014 }}</ref> On July 31, 2017, Voya entered into an agreement with Cognizant to outsource a broad range of IT services, resulting in layoffs and jobs transferred to Cognizant.<ref>{{Cite web|url=https://marketexclusive.com/voya-financial-inc-nysevoya-files-an-8-k-entry-into-a-material-definitive-agreement-2/2017/08/|title=VOYA FINANCIAL, INC. (NYSE:VOYA) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive|website=marketexclusive.com|language=en-US|access-date=2017-09-06}}</ref>
==References== {{Reflist}}
==Further reading== * {{cite news |author=Rooney, Jennifer |title=ING U.S. To Rebrand As Voya |url=https://www.forbes.com/sites/jenniferrooney/2013/04/11/ing-u-s-to-rebrand-as-voya/ |access-date=20 Apr 2015 |work=Forbes |date=11 Apr 2013 }} * {{cite press release |publisher=ING U.S. |date=13 Jan 2014 |title=ING U.S. to Become Voya Financial in 2014 |url=http://ing.us/about-ing/newsroom/press-releases/ing-us-become-voya-financial-2014 |url-status=dead |archive-date=21 January 2014 |archive-url=https://web.archive.org/web/20140121223706/http://ing.us/about-ing/newsroom/press-releases/ing-us-become-voya-financial-2014 }}
==External links== * {{official|https://www.voya.com}} {{Finance links | name = Voya Financial, Inc. | symbol = VOYA | reuters = VOYA.N | bloomberg = VOYA:US | sec_cik = 1535929 | yahoo = VOYA | google = VOYA }}
{{S&P 400 companies}} {{Authority control}}
Category:Banks based in New York City Category:Companies based in New York City Category:Banks established in 2013 Category:Financial services companies established in 2013 Category:American companies established in 2013 Category:Companies listed on the New York Stock Exchange Category:Companies in the S&P 400 Category:Asset management companies