Fees and Compensation — Form ADV Part 2A (3/31/2023)
[Brochure]
Item 5 Fees and Compensation
Any fees payable for VFP investment advisory program(s) are described in detail below. Account sizes
specified for each program may be negotiable under certain circumstances. VFP may group certain
related client accounts for the purposes of achieving the minimum account size and determining the
annualized fee.
VFP does not maintain a set fee schedule, and any negotiation of fees will be on a client specific basis.
Client facts, circumstances and needs would be considered in determining the fee schedule. These facts
include the complexity of the client’s situation, assets to be placed under management, anticipated
future additional assets, related accounts, and portfolio style and account composition, among other
factors. The specific annual fee schedule is identified in the contract between the IAR and each client.
Advisory fees charged by other investment advisors may be similar to or lower than the fees charged by
VFP.
Advice to Pension and Profit Sharing Plans
The client is not charged a separate, distinct advisory fee for advice received in connection with its
pension or profit sharing plan.
Additional Potential Fees
Fees and expenses charged by mutual funds and/or exchange traded funds to their shareholders are
separate and distinct from the advisory services provided by VFP, and are payable by the Client. These
fees and expenses are described in each fund’s prospectus. These fees will generally include a
management fee, other fund expenses, and a possible 12b-1 distribution fee. If the fund also imposes
sales charges, a client may pay an upfront or deferred sales charge. A client could invest in a mutual
fund directly, without VFP’s investment advisory services, which are designed, among other things, to
assist the client in determining which mutual fund or funds are most appropriate to each client’s
financial condition and objectives. Accordingly, the client should review the fees they are charged to
fully compare and understand the total amount of fees to be paid by the client.
Account Minimums and Types of Clients — Form ADV Part 2A (3/31/2023)
[Brochure]
Item 7 Types of Clients
VFP provides investment advisory services to pension and profit sharing plans where its affiliates, Voya
Retirement Insurance and Annuity Company and Voya Institutional Plan Services, LLC, act as
administrators and record-keepers to the retirement plan.
AUM Breakdown
Accounts
AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
1
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above