BNY Mellon Investment Management and Wilshire Extend Access to BNY Mellon Custom Target Date Builder (SM) for Advisors with Voya Financial to Serve as Primary Registrar

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NEW YORK, September 17, 2021 / PRNewswire / – BNY Mellon Investment Management, one of the largest asset managers in the world with $ 2.3 trillion in assets under management1, in partnership with Wilshire, a diversified global financial services company and a leading provider of investment advisory services, today announced expanded access to its BNY Mellon Custom Target Date GeneratorSM (CTDB), Voya Financial becoming the first registrar to support the solution. The CTDB is a new advisor solution that provides more choice for target date businesses, with custom retirement portfolio modeling tools typically available only to the world’s largest institutions.

“As we expand access to our CTDB offering, we are delighted that Voya, a leading record keeping company, is supporting this consultant solution,” said Andy Provencher, North America Distribution Manager, BNY Mellon Investment Management. “Voya’s platform is an excellent choice for our CTDB offering, as its open and user-friendly architecture platform enables retirement specialists to create personalized target date solutions at the plan level in an efficient and secure manner. measure for pension plans of all sizes. “

Target date fund customization has been popular in the DC mega plan market for years, and the BNY Mellon CTDB solution now provides retirement advisors with integrated path and pattern management and the ability to leverage their own research. and their intellectual capital. Launched in december 2020, BNY Mellon’s CTBD solution enables advisors to provide plan sponsors and plan members with a unique level of customization and scalability through the open architecture offering now available through the reporting platform. Voya files.

“At Voya, we continue to see client and advisor interest in our offerings, capabilities and resources, and we are delighted to be the first Archives Manager to support CTBD,” said Jeff Cimini, Vice President senior. President, retirement product management To Voya Financial. “We remain focused on delivering the products and programs that we know will support the finance professionals we work with to help their clients achieve their future goals. By using technologies already in place in our systems today, CTDB offers advisors a new opportunity to implement their own strategies, ultimately helping to facilitate better retirement outcomes. ”

This month, BNY Mellon Investment Management DC’s sales team had the pleasure of having the opportunity to chat in person with advisors at the NAPA 401 (k) Summit, the industry’s premier event for advisors. and the first major in-person conference in almost two years, where BNY Mellon Investment Management was proud to support NAPA’s top female advisors at this year’s event and attendees were able to view a demo of the CTBD solution and meet the partners Wilshire and Voya.

To learn more about the BNY Mellon Custom Target Date Generator, please visit our website at im.bnymellon.com/ctdb.

About BNY Mellon Investment Management
BNY Mellon Investment Management is one of the largest asset managers in the world, with $ 2.3 trillion in assets under management at June 30, 2021. Through an investor-centric approach, BNY Mellon Investment Management brings to its clients the best of both worlds: the specialist expertise of eight investment firms offering solutions across all major asset classes, backed by strength , the stability and global presence of BNY Mellon. Additional information on BNY Mellon Investment Management is available at www.bnymellonim.com.

BNY Mellon Investment Management is a division of BNY Mellon, which has $ 45 trillion in assets under custody and / or administration from June 30, 2021. BNY Mellon can serve as a single point of contact for clients looking to create, negotiate, own, manage, maintain, distribute or restructure investments. BNY Mellon is the corporate mark of Bank of New York Mellon Corporation (NYSE: BK). Further information is available at www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our press room at www.bnymellon.com/newsroom for the latest company news.

About Wilshire
Wilshire Advisors LLC is a leading global financial services company dedicated to improving results for investors around the world. Independent firm since its creation in 1972, Wilshire advises $ 1.3 billion in assets, of which around $ 87 billion euros are assets under management. Specializing in innovative investment solutions, advisory services and multi-asset analysis, Wilshire serves more than 500 institutional and intermediary clients worldwide from 10 offices around the world. For more information on Wilshire, visit www.wilshire.com or follow @WilshireAssoc.

About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), provides healthcare, wealth management and investment solutions that enable its approximately 14.8 million residential, professional and institutional clients to achieve their wellness goals financial with confidence. With the vision to be America’s Retirement Company®, Voya’s products, solutions and digital capabilities help create a better financial future for all. Voya is a Fortune 500 company that had $ 7.6 billion in turnover in 2020 and $ 721 billion of the total assets under management and under administration at June 30, 2021. Certified “Great Place to Work” by the Great Place to Work® Institute, Voya is also committed to conducting business in a manner that is socially, environmentally, economically and ethically responsible. Voya was recognized as the World’s Most Admired Company for 2020 by Fortune Magazine; one of the World’s Most Ethical Companies 2020 by the Ethisphere Institute; as a member of the Bloomberg Gender Equality Index; and as “Best Workplace for Inclusion of People with Disabilities” on the Disability Equality Index by Disability: IN. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Trip.

Media contacts:

BNY Mellon Investment Management
Jessica rutledge
917.683.6820
[email protected]

Voya Financial
Laura Maulucci
Office: (860) 580-1278
Cell: (508) 353-6913
[email protected]

Wilshire Partners
Lisa Herbert
+1 310 728 5341
[email protected]

All investments involve some level of risk, including loss of capital. Some investments involve specific or unique risks.

Investing in a target date strategy does not eliminate the need for an investor to determine whether a strategy is appropriate for their specific financial situation. An investment in a strategy is not guaranteed. Investors may experience losses, including losses close to, on or after the target date, and there is no guarantee that a strategy will provide adequate income in and throughout retirement.

BNY Mellon, Wilshire Associates and Voya Financial are not affiliated entities. BNY Mellon accepts no responsibility for the content of third party sites or for the services provided.

The BNY Mellon Custom Target Date Builder is distributed by BNY Mellon Securities Corporation, a registered brokerage. BNY Mellon Securities Corporation does not provide investment advice and is not a trustee of the program.

This press release is permitted for publication in the United States only and for informational purposes only. It does not constitute an offer or solicitation of or approval of any securities or investment services in any jurisdiction or under circumstances in which such offer or solicitation is illegal or unauthorized. This press release is being issued by BNY Mellon Investment Management to members of the press and financial media and the information it contains should not be construed as investment advice.

1 From June 30, 2021.

SOURCE BNY Mellon Investment Management



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