Voya Financial, Inc. 8-K

What Happened
Voya Financial filed a Form 8-K on January 23, 2026 under Regulation FD to disclose preliminary assets under management (AUM) for its Investment Management (IM) segment as of December 31, 2025. The company reported approximately $360 billion in IM AUM and said its quarterly earnings release and financial supplement for the quarter ended December 31, 2025 are scheduled for release on February 3, 2026.

Key Details

• Total preliminary IM AUM as of 12/31/2025: approximately $360 billion.
• AUM by asset type: $103B equity; $153B fixed income — public; $86B fixed income — private; $15B alternatives; $3B money market.
• AUM by client type: $172B Institutional external clients; $151B Retail external clients; $37B Company general account.
• The Q4 2025 AUM reflects a client reclassification of about $11 billion from AUM to AUA; all external and general account assets reported on a market value basis.

Why It Matters
AUM is a key driver of fee revenue and business scale for Voya’s IM segment, so these preliminary figures give investors an early look at the business size ahead of the company’s full quarterly results on February 3, 2026. The $11 billion reclassification from AUM to AUA is material for period-to-period comparisons because it reduces reported AUM and can affect revenue and growth metrics; investors should review the upcoming earnings release and supplement for final, reconciled figures and any additional context.