What is better, Fidelity or Voya?
Fidelity and Voya both operate within the financial services industry, but Fidelity is one of the largest and most widely recognized retail brokerage firms, known for its extensive range of self-directed investment products, lower-cost index funds, and comprehensive digital trading platforms for individual investors. Voya Financial often focuses more on workplace retirement plans, insurance, and institutional investment solutions, though it also offers individual financial services. Fidelity is generally considered more accessible for retail investors seeking a robust, all-in-one platform for brokerage and retirement accounts, while Voya is a strong competitor in the institutional and corporate benefits space. Your preference may depend on whether you are seeking a primary retail brokerage (Fidelity) or if you are evaluating your workplace benefits plan (Voya).
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