Voya Financial (VOYA) reports $360B preliminary AUM by asset type

Rhea-AI Filing Summary

Voya Financial, Inc. reports preliminary assets under management for its Investment Management segment of approximately $360 billion as of December 31, 2025. This total includes $103 billion in equity assets, $153 billion in fixed income - public assets, $86 billion in fixed income - private assets, $15 billion in alternative assets, and $3 billion in money market assets.

By client type, assets under management as of December 31, 2025 consisted of $172 billion of Institutional external client assets, $151 billion of Retail external client assets, and $37 billion of Company general account assets. The fourth quarter of 2025 also includes a client reclassification of approximately $11 billion from assets under management to AUA.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

January 23, 2026

VOYA FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-35897

No.

52-1222820

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

200 Park Avenue

New York

New York

10166

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (212) 309-8200

N/A

(Former name or former address, if changed since last report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading symbol			Name of each exchange on which registered
Common Stock, $.01 Par Value			VOYA			New York Stock Exchange
Depositary Shares, each representing a 1/40th			VOYAPrB			New York Stock Exchange
interest in a share of 5.35% Fixed-Rate Non-Cumulative Preferred Stock, Series B, $0.01 par value

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 7.01    Regulation FD Disclosure

Voya Financial, Inc. (the “Company”) is furnishing this Current Report on Form 8-K to disclose the assets under management (“AUM”) of its Investment Management (“IM”) segment prior to the availability of the Company’s quarterly earnings release and quarterly financial supplement for the quarter ended December 31, 2025, scheduled for release on February 3, 2026.

As of December 31, 2025, preliminary AUM of the Company’s IM segment was approximately $360 billion. AUM as of December 31, 2025 presented by asset type included $103 billion of equity assets, $153 billion of fixed income - public assets, $86 billion of fixed income - private assets, $15 billion of alternative assets, and $3 billion of money market assets. AUM as of December 31, 2025 included $172 billion of Institutional external client assets, $151 billion of Retail external client assets, and $37 billion of Company general account assets. The fourth quarter of 2025 AUM includes a client reclassification of approximately $11 billion from AUM to AUA. All External and General Account client assets are reported on a market value basis. 

As provided in General Instruction B.2 of Form 8-K, the information provided pursuant to this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Voya Financial, Inc.

(Registrant)

By:        /s/ Julie Watson             

Name:    Julie Watson

Title:    Vice President, Counsel and Corporate Secretary 

Dated: January 23, 2026

FAQ

What preliminary assets under management did VOYA report for December 31, 2025?

Voya Financial reported preliminary assets under management of approximately $360 billion for its Investment Management segment as of December 31, 2025.

How are Voya Financial's $360B of assets under management allocated by asset type?

As of December 31, 2025, the $360 billion of assets under management included $103 billion in equity, $153 billion in fixed income - public, $86 billion in fixed income - private, $15 billion in alternative assets, and $3 billion in money market assets.

How are VOYA's assets under management split by client type?

As of December 31, 2025, assets under management included $172 billion of Institutional external client assets, $151 billion of Retail external client assets, and $37 billion of Company general account assets.

What client reclassification did VOYA disclose for the fourth quarter of 2025?

For the fourth quarter of 2025, Voya Financial disclosed a client reclassification of approximately $11 billion from assets under management to AUA.

Are VOYA's external and general account client assets based on market value?

Yes. Voya Financial stated that all External and General Account client assets are reported on a market value basis.

When will VOYA release its full quarterly earnings and financial supplement?

The company indicated that its quarterly earnings release and quarterly financial supplement for the quarter ended December 31, 2025 are scheduled for release on February 3, 2026.