SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
New York Life Investment Management LLC
New York, NY
CRD 109591
Firm filing updated March 30, 2026 ·
- $120.7BAssets
- 18Advisory staff
- 939Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals808
- Investment companies105
- Corporations or other businesses18
- Pooled vehicles2
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 808 | $572.9 million |
| Investment companies | 105 | $116.2 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $1.1 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $292.5 million |
| Charitable organizations | Fewer than 5 clients | $27.1 million |
| Insurance companies | Fewer than 5 clients | $1.0 billion |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $57.8 million |
| Corporations or other businesses not listed above | 18 | $1.4 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 4 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$120.7 billion
- Accounts939
- Discretionary$118.6 billion · 928 accounts
- Non-discretionary$2.1 billion · 11 accounts
People
- Employees364
- Advisory staff18
- Broker-dealer reps192
- Licensed insurance agents0
Advisors
59 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 109591, SEC file 801-57396.
- Registered with the SEC as an investment advisor (status date on record: March 20, 2000).
Is New York Life Investment Management LLC a fiduciary?
Short answer: New York Life Investment Management LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 192 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.