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NEW YORK - Voya Investment Management (Voya IM), the asset management arm of Voya Financial, Inc. (NYSE:VOYA), has appointed Scott Brady as managing director and head of Intermediary Business Development, according to a press release statement. The appointment comes as Voya demonstrates strong financial performance, with InvestingPro data showing the company has maintained dividend payments for 13 consecutive years and achieved a remarkable 40% price return over the past six months.
Based in Boston, Brady will lead efforts to expand Voya IM’s presence across wirehouse, independent broker-dealer and registered investment advisor channels. He will report to Tiffani Potesta, head of Distribution.
Brady brings more than 30 years of financial services experience to the role. Most recently, he served as head of U.S. Product Development and Strategy at Columbia Threadneedle, where he engaged with intermediary channel leaders to develop collaborative opportunities.
His previous responsibilities included supporting sales teams, enhancing existing products and launching new solutions across mutual funds, exchange-traded funds, model portfolios and separately managed accounts. Brady’s career also includes positions at Merrill Lynch, Eaton Vance and other financial services companies.
"Scott brings a wealth of experience and insight to a key growth area for Voya IM," said Potesta. "His deep understanding of portfolio construction, investment products and asset allocation makes him an invaluable addition to our team."
Voya Investment Management manages approximately $359 billion in assets as of April 30, 2025, across public and private fixed income, equities, multi-asset solutions and alternative strategies.
In other recent news, Voya Financial reported its second-quarter 2025 earnings, with adjusted operating earnings per share (EPS) of $2.46, marking a 13% increase compared to the previous year. However, the EPS was slightly below the forecasted $2.05, resulting in a negative surprise of 4.39%. Despite this, Voya’s revenue surpassed expectations, reaching $1.98 billion against a forecast of $1.95 billion. Additionally, Voya Financial estimates its third-quarter alternative investment income to be between $55 million and $65 million before tax and variable compensation. The company launched its new WealthPath platform in collaboration with Orion to enhance service capabilities for Voya Financial Advisors representatives. This platform aims to support financial advisors in delivering comprehensive guidance to clients planning for or living in retirement. RBC Capital raised its price target for Voya Financial from $80 to $87, maintaining an Outperform rating, citing favorable prior year development in stop-loss as a positive factor.
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