Voya Retirement Advisors, LLC
Assets Under Management
$30.9B
Number of Clients
6,944
Number of Advisors
132
Average Client AUM
$4.4M
AUM per Advisor
$234.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Voya Retirement Advisors, LLC (VRA) is a federally registered investment adviser offering services to retirement plan participants. VRA provides education, guidance, and advisory services online, via telephone and in-person. Services include Online Advice and Professional Management, powered by Edelman Financial Engines or Morningstar Investment Management.
Fee Structure
VRA earns revenue from platform fees (Edelman Financial Engines program only) and Professional Management (PM) program asset-based fees. The platform fee can range from zero to $6.00 annually. The PM fee does not exceed 0.60% for the lowest asset level breakpoint annually. Fees are deducted from your retirement plan account on a monthly or quarterly basis. If a participant enrolls in multiple PM program accounts with the same plan sponsor, the value of the accounts will be combined for the purpose of assessing total advisory fees.
Areas of Practice
Location
One Orange Way, Windsor, CT, 06095