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BOSTON - Voya Financial, Inc. (NYSE:VOYA), a $7.2 billion financial services provider with a "GOOD" financial health rating according to InvestingPro, announced Wednesday the launch of its WealthPath platform, developed in collaboration with Orion to enhance service capabilities for Voya Financial Advisors representatives.
The new platform integrates financial planning, investment strategy execution, portfolio review and relationship management functions to support advisors in delivering comprehensive financial guidance to clients planning for or living in retirement.
According to the company, the platform will first be utilized by advisors in Voya’s Retirement Advisor Distribution system and employee advisors in its Investor Channel.
John Brett, president of Wealth Management at Voya Financial, said the platform is designed to "provide world-class guided financial planning and investment solutions" for clients.
The WealthPath initiative follows Voya’s announcement in December 2024 about establishing a differentiated technology platform to enhance financial advice delivery.
Jon Reilly, president of Voya Financial Advisors, noted that the platform brings planning and investment workflows together "so that advisors can produce the strongest possible outcomes as fiduciaries to their clients."
A recent Voya survey found that 48% of employed Americans are more likely to remain with employers that offer access to professional advisors for managing savings and investments.
Todd Bertucci, executive vice president of technology sales at Orion, said the platform "enhances every aspect of the advisory process" by integrating Orion’s technology with Voya’s systems.
Voya Financial serves approximately 15 million customers through its businesses, according to the company’s press release statement. With a price-to-earnings ratio of 14.9 and strong profitability indicators, InvestingPro analysis suggests the stock is currently undervalued. Discover more insights and detailed valuation metrics in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Voya Financial reported its Q2 2025 earnings, showing a 13% year-over-year increase in adjusted operating earnings per share (EPS) to $2.46. Despite this growth, the EPS fell short of the forecasted $2.05, marking a negative surprise of 4.39%. However, the company’s revenue exceeded expectations, coming in at $1.98 billion compared to the projected $1.95 billion. RBC Capital responded to these results by raising Voya Financial’s stock price target from $80 to $87, maintaining an Outperform rating. The firm highlighted favorable prior year development in stop-loss as a significant positive factor for the quarter. These developments reflect ongoing investor interest and analyst confidence in Voya Financial’s performance.
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