Asset manager · New York, NY
New York Life Investment Management LLC
SEC-registered investment adviser · CRD 109591 · SEC 801-57396
At a glance
New York Life Investment Management LLC is an SEC-registered investment adviser based in New York, New York, with $120.7 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is investment companies, and it reports 808 individual clients. By Form ADV it is a asset manager, ranked 120th of 3,218 asset managers and 226th of 17,210 SEC-registered advisers by assets.
Main office 888-474-7725nylim.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $121B
- Rank among asset managers
- #120 of 3,218
- Rank among all SEC RIAs
- #226 of 17,210
- Rank in New York
- #54 of 2,591
- Individual clients
- 808
- High-net-worth clients
- 0
- Accounts
- 939
- Discretionary
- 98% of AUM
- Employees
- 364
- Advisory staff
- 18
- Offices
- 1
Owners and executives on its Form ADV
- Kevin M. BoppChief Compliance Officer
- Dale A. HanleyElected Manager
- Kirk C. LehneisChief Operating Officer
- Francis M. HarteElected Manager
- Maureen A. CroninSVP, Deputy General Counsel and Chief Investments Counsel
- Naim (. Abou-JaoudeChief Executive Officer
- Alain M. KaraoglanElected Manager
- Craig A. SabalElected Manager
Custody and brokerage
3 custodians
- Merrill / Bank of America$952M64%
- Morgan Stanley$331M22%
- UBS$194M13%
Other RIAs using Merrill / Bank of AmericaOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
New York Life Investment Management LLC is a hybrid RIA: 192 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Nylife Distributors LLC and Nylife Securities LLC.
- Nylife Distributors LLC ↗CRD 35350
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
- Nylife Securities LLC ↗CRD 5167
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Its Form ADV brochure (filed March 2026) names Nylife Distributors as the broker-dealer its advisers are registered with.
be instances where registered representatives of our affiliated broker -dealer NYLIFE Distributors LLC (“NYLIFE Distributors”), who in certain cases are employees of the Firm, recommend that an advisory client, or prospective advisory clie
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 105 | $116B | 96% |
| Corporations or other businesses | 18 | $1.4B | 1% |
| Pooled investment vehicles | 2 | $1.1B | <1% |
| Insurance companies | – | $1.0B | <1% |
| Individuals | 808 | $573M | <1% |
| Pension and profit sharing plans | – | $293M | <1% |
| Sovereign wealth funds and foreign official institutions | – | $58M | <1% |
| Charitable organizations | – | $27M | <1% |
Disciplinary disclosures
New York Life Investment Management LLC answers yes to 12 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗nylim.com ↗
AtlasMembers
The full record on New York Life Investment Management LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 196 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does New York Life Investment Management LLC manage?
New York Life Investment Management LLC reports $120.7 billion in regulatory assets under management across 939 accounts, 98% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is New York Life Investment Management LLC?
New York Life Investment Management LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are New York Life Investment Management LLC’s clients?
By assets, its largest client types are investment companies ($116.2 billion, 105 clients); corporations or other businesses ($1.4 billion, 18 clients); pooled investment vehicles ($1.1 billion, 2 clients).
Does New York Life Investment Management LLC have any disciplinary history?
New York Life Investment Management LLC answers yes to 12 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is New York Life Investment Management LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →