Voya Snags $500M+ Advisor Group from Investor’s Capital
November 11, 2015 by N/A
Group is led by Boston’s Brian Woods
Voya Financial Advisors has recruited a $500 million-plus advisor group from Investor’s Capital Corporation.
An initial group of 17 advisors with $415 million in assets under management moved to Voya on November 2nd with a second wave from various broker-dealers following in the first quarter of next year. This group brings gross dealer concessions totaling $4 million to Voya Financial Advisors.
A strong, well respected brand
“Our value proposition is drawing attention among independent advisors who see that we offer the resources and support they need to succeed as an independent advisor, along with the backing of a well-respected, strong brand,” said Tom Halloran, president of Voya Financial Advisors. “Our mission to be America’s Retirement Company is drawing advisors who have a focus on meeting the long-term retirement needs of Americans.”
The group is led by OSJ Brian Woods, who is based in Danvers, Massachusetts. Woods has more than 22 years of industry experience and personally oversees more than $100 million in assets under management. In building his team of advisors, Woods has established himself as a leading OSJ. The team helps more than 2,000 clients with their financial planning, investment and retirement security needs. Woods transitioned to Voya on November 2.
“Our team was drawn to Voya because it has a long-standing legacy as a market leader, yet also has the feel of a start-up with its rebrand last year,” commented Woods. “We were also attracted to a firm that values our independence and has such a strong brand in the marketplace. We feel that Voya has the strength and commitment to invest in the technology and people that my team needs to support long-term business growth.”
“We are thrilled to welcome Brian and his team to Voya,” commented Doug Wallace, director of business development at Voya Financial Advisors. “Brian has built a great team, all of whom will benefit from the support, technology and brand strength they will find at Voya to drive even greater success for the team. It’s great to see that advisors are viewing Voya as a destination broker dealer.”
Voya Financial Advisors is a top-tier independent broker-dealer focused on helping advance the retirement readiness and financial security needs of Americans. For more information, visit www.voyafa.com.
Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2014. As an industry leader and advocate for greater retirement readiness, Voya Financial is committed to delivering on its vision to be America’s Retirement CompanyTM and its mission to make a secure financial future possible — one person, one family, one institution at a time.