New York Life Investment Management LLC logo

New York Life Investment Management LLC

Updated today

Client assets under management

$572,863,507

Clients

808

0% high-net worth

Advisors

86

of 364 employees

Firm type

Investment Manager

May not manage individual clients

Clients per advisor

11

Very Low

Average account size

$708,989

About

New York Life Investment Management LLC provides discretionary portfolio management and investment advisory services primarily to institutional clients and pooled investment vehicles, including the NYLI Funds and NYLI ETFs, while also serving retirement plans, insurance company and corporate clients. The firm offers managed account and wrap program services to individual investors through sponsored programs and develops proprietary NYLI Indices used in its advisory products.

The firm’s Multi-Asset Solutions team employs a top‑down, team‑oriented asset allocation process that combines macroeconomic views, risk modeling, and investments in active and passive underlying funds (including ETFs) and derivatives, with portfolios tailored to client guidelines. Its Managed Accounts Group performs operational, administrative and trading services in wrap programs and engages affiliated and unaffiliated subadvisers, while a dedicated Index Team maintains NYLI Indices and supports portfolio construction.

Several features distinguish NYLIM from many peers: it acts as an adviser within wrap fee programs and receives a portion of sponsor wrap fees, it is affiliated with both a broker‑dealer (NYLIFE Distributors) and a trust company (New York Life Trust Company), and it manages portfolios for registered investment companies and ETFs directly while recommending and overseeing subadvisers. The firm also maintains cross‑border discretionary licenses (including delegated arrangements for Korea using NYL Investors) and recently filed an annual updating amendment disclosing changes to its advisory business, risk disclosures, affiliations and related practices.

Client services

Portfolio management

Expertise

Active portfolio management Tax-loss harvesting Passive / index investing

Occupation focus

Retired Founder/Business Owner

Fee options

Fixed

In certain cases, NYLIM will agree with a client to a fixed Management Fee (amount negotiable based on account size and other terms)

Percentage

$0+: 0.10% to 0.45% (custom separate account management services, negotiable based on account size and other parameters) $0+: 0.25% to 0.80% (Managed Accounts annual management fee range, varies by program, sponsor, strategy, account type, assets)

Other

Account minimum: $100,000

Main office location

New York Life Investment Management LLC

51 Madison Avenue

New York NY 10010, United States

Number of offices

1

Most active in

Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virgin Islands · Virginia · Washington · West Virginia · Wisconsin · Wyoming

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

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Christopher L

Series 63, Series 65

Potomac, MD

New York Life Investment Management LLC

Christopher Leo is a financial advisor at New York Life Investment Management LLC with 18 years of industry experience. He holds Series 63 and Series 65 licenses and has previously worked at Morgan Stanley Smith Barney LLC and Legg Mason & Co. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset, tactical investment approach and manages over $111 billion in discretionary assets.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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Martin L

Series 63, Series 66

Chesterfield, MO

New York Life Investment Management LLC

Martin Lastrina is a financial advisor at New York Life Investment Management LLC with 10 years of industry experience. His prior roles include positions at Thrivent Investment Management Inc and Prudential Annuities Distributors, Inc., as well as management experience at The Metafield eSports Complex. He holds Series 63 and Series 66 licenses. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm utilizes a multi-asset allocation process and offers a range of strategies through its Multi-Asset Solutions team, Managed Accounts Group, and registered funds division.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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Jonathan W

Series 66

Glencoe, IL

New York Life Investment Management LLC

Jonathan Weitz is a financial advisor at New York Life Investment Management LLC with 20 years of industry experience. He holds a Series 66 designation and has been with New York Life since 2013. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset, top-down approach combined with proprietary indices and operates across multiple business units, managing over $111 billion in discretionary assets as of the end of 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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Raynnier H

ChFC®, Series 63

New York, NY

New York Life Investment Management LLC

Raynnier Higgins Coronell is a financial advisor at New York Life Investment Management LLC with six years of industry experience. He holds the ChFC® designation and Series 63 license. His prior roles include positions at Stonex Group Inc. and Mass Mutual Investors Services. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a top-down asset allocation process and offers a range of strategies through distinct business units, managing over $111 billion in discretionary assets as of December 31, 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Shane M

Series 66

New York, NY

New York Life Investment Management LLC

Shane Murphy is a financial advisor at New York Life Investment Management LLC with eight years of industry experience. He holds the Series 66 designation and has worked at New York Life in two separate periods totaling eight years, with prior experience at UBS Financial Services and Haren Pools. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm manages over $111 billion in discretionary assets and offers investment solutions through multiple specialized business units, utilizing a combination of macroeconomic analysis, risk modeling, and proprietary indices in its portfolio construction.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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Amanda C

Series 66

Seattle, WA

New York Life Investment Management LLC

Amanda Chomyszak is a Series 66-licensed financial advisor with New York Life Investment Management LLC, based in Seattle, WA, and has 17 years of industry experience. She has been with New York Life Insurance Company since 2010. Outside of her advisory role, she serves on the investment committee for the Executive Women International Scholarship Fund of Western Washington. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset, top-down investment approach and operates distinct business units focused on multi-asset solutions, managed accounts, and registered funds, managing over $111 billion in discretionary assets as of December 31, 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Justin A

Series 63, Series 66

New York, NY

New York Life Investment Management LLC

Justin Aisenbaum is a financial advisor at New York Life Investment Management LLC with 11 years of industry experience. He has held roles at New York Life since 2018 and previously worked at Citigroup and Russell Tobin Associates. He holds the Series 63 and Series 66 designations. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a wide range of clients, including investment companies, retirement plans, and corporations. The firm employs a multi-asset, tactical investment approach and manages over $111 billion in discretionary assets.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Brian W

Series 66

Tulsa, OK

New York Life Investment Management LLC

Brian Wilson is a financial advisor with New York Life Investment Management LLC, holding a Series 66 designation and 22 years of industry experience. He has worked at New York Life since 2018 and previously spent 15 years with Lord Abbett Distributor LLC. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset approach and manages over $111 billion in discretionary assets, offering services through specialized teams focused on asset allocation, managed accounts, and registered funds.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Bernardo L

Series 63, Series 65

Miami, FL

New York Life Investment Management LLC

Bernardo Lozano is a financial advisor with New York Life Investment Management LLC, holding Series 63 and Series 65 designations and bringing 33 years of industry experience. His prior roles include positions at firms such as Participant Capital Advisors, Masttro, and Thrivent Financial. Outside of his advisory work, he manages an LLC related to his spouse’s photography business. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset allocation approach and offers a range of strategies through its Multi-Asset Solutions team and Managed Accounts Group, managing over $111 billion in discretionary assets.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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Robert W

Series 66

Ridgewood, NJ

New York Life Investment Management LLC

Robert Wojehowski is a financial advisor at New York Life Investment Management LLC with 19 years of industry experience. He holds a Series 66 designation and has worked at New York Life Investments since 2014. Outside of his advisory role, he is an executive coach and owner of Diamond Lotus Coaching. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a top-down asset allocation process and utilizes proprietary indices, managing over $111 billion in discretionary assets as of December 31, 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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Deborah V

Series 63

Long Beach, CA

New York Life Investment Management LLC

Deborah Vince is a financial advisor with New York Life Investment Management LLC, holding a Series 63 designation and 30 years of industry experience. She has been with New York Life Investments since 2009. Outside of her advisory role, she is a partner and investor in Gold Finch Land LLP, a farming business, and serves as Board Chair for Su Casa - Ending Domestic Violence, a nonprofit organization in Long Beach, CA. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset investment approach that integrates macroeconomic analysis, risk modeling, and derivative instruments, managing over $111 billion in discretionary assets as of December 31, 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Colby H

Series 63, Series 66

San Francisco, CA

New York Life Investment Management LLC

Colby Hosmer is a financial advisor at New York Life Investment Management LLC with Series 63 and Series 66 credentials and approximately seven years of industry experience. His prior roles include positions at T. Rowe Price, John Hancock Investment Management, and The Vanguard Group. Outside of his advisory work, he is involved with JCCSF. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset solutions approach and offers a range of model portfolios and strategies, managing over $111 billion in discretionary assets as of December 31, 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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William H

Series 66

New York, NY

New York Life Investment Management LLC

William Hofving is a financial advisor at New York Life Investment Management LLC with two years of industry experience. He holds a Series 66 designation and has held positions at Apogem Capital and MacKay Shields prior to joining New York Life Investments. His earlier work history includes roles outside the financial industry. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a broad client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset approach combining macroeconomic analysis, risk modeling, and derivative instruments, and manages over $111 billion in discretionary assets.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Amine K

Series 63, Series 65

Somerset, NJ

New York Life Investment Management LLC

Amine Khater is a financial advisor at New York Life Investment Management LLC with 13 years of industry experience. He holds the Series 63 and Series 65 licenses and has previously worked at J.P. Morgan Securities, JPMorgan Chase Bank, N.A., and Wells Fargo Clearing. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a diverse client base, including investment companies, retirement plans, and corporations. The firm employs a multi-asset investment approach with specialized teams and manages over $111 billion in discretionary assets.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
user avatar

Cory M

Series 63, Series 66

Norwell, MA

New York Life Investment Management LLC

Cory Mc Grath is a financial advisor with New York Life Investment Management LLC, holding Series 63 and Series 66 licenses and possessing 13 years of industry experience. His prior roles include positions at Eaton Vance Management and LPL Financial. New York Life Investment Management LLC provides discretionary and non-discretionary investment advisory services to a broad client base, including investment companies, retirement plans, and corporations. The firm utilizes a multi-asset, tactical approach combined with model portfolios and proprietary indices, managing over $111 billion in discretionary assets as of December 31, 2024.

Active portfolio management Tax-loss harvesting Passive / index investing Retired Founder/Business Owner
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