Voya Launches Monitoring Tool

Voya Financial Advisors has released its Business Builder tool, a data-driven modeling and forecasting system designed to help advisers set and monitor the progress of business-growth goals. It is geared toward advisers serving retail clients as well as those servicing plan participants in the school, government, and non-profit space.

Business Builder can help plan advisers in managing overall practice models. It is built to fit specific business models and provides a comprehensive view of Gross Dealer Concession (GDC), sales, and net new assets across multiple product categories. The tool is also built with Tax-Exempt Market (TEM) business models in mind.

“As the financial planning landscape continues to adapt to new regulation and the retirement needs of Americans, it’s more important than ever before for firms to support the business growth of its advisers,” says Tom Halloran, president of Voya Financial Advisors. “At Voya Financial Advisors, we are constantly looking at greater resources and tools to strengthen those efforts, such as our new Business Builder tool. By investing in the most current and relevant practice management offerings, we are helping advisers run their businesses more effectively and efficiently, which means they can better serve the holistic retirement needs of their clients.”

Business Builder is the latest in a series of tools designed to help clients meet practice-management goals. Earlier this year, the firm released content repository that provides advisers with access to numerous online tools, webinar content, newsletters, discussion groups, and a large network of expert partners and contributors. It also enhanced its social media program allowing advisers to create customized content.  

“Our goal is to be a top destination for advisers,” added Halloran. “As we continue to expand our network of talent, we are committed to supporting them with the tools and resources that will demonstrate their value proposition in the market — ultimately helping their clients get ready to retire better.”

Voya Financial Advisors is an independent broker/dealer and registered investment adviser focused on helping advance the retirement readiness and financial-security needs of Americans.