Who does ny life clear through?
National Financial Services, LLC.
NYLIFE Securities directs all trades in over-the-counter (OTC), listed stock, and options to our clearing firm, National Financial Services, LLC. (“NFS”), for execution. NYLIFE Securities has no direct relationship or arrangement with any venues to which client orders are routed.
Is New York Life a brokerage firm?
As a registered broker- dealer and a wholly owned subsidiary of New York Life Insurance Company, NYLIFE Securities can offer the resources needed to help clients maximize their opportunities to grow and maintain their wealth.
How safe is a New York Life annuity?
Issuer Review: New York Life Annuities are NOT guaranteed. They are only backed by the ability of the issuing insurance company’s ability to pay. Therefore if the issuer goes bankrupt, you are at risk of losing everything! New York Life is rated A++ by A.M. Best, AAA by Fitch, AA+ by S&P, and Aaa by Moody’s.
What is a New York Life annuity?
Annuities are long-term financial products that can help by locking in a guaranteed income stream and even potentially growing your money while adding a death benefit for loved ones. You can buy an annuity with guaranteed fixed interest rates or with market-based performance.
Does NY Life offer 401k?
New York Life provides the 401(k) Savings Plan to help you save for your future. You can take a loan or withdraw money from your account under certain circumstances, but the 401(k) is specifically designed for one thing—to help you retire with enough money to enjoy everything you’ve worked so hard to achieve.
Who is nylife Securities LLC?
As a New York Life insurance agent, and a Registered Representative of NYLIFE Securities LLC. I am a trained professional who can help you identify your financial needs and then determine which insurance and financial products can best help you meet your objectives.
Is New York life insurance company publicly traded?
New York Life Insurance Company is a mutual insurance company, which means it is not publicly traded and has no shareholders. Instead, its policy owners are the ones who share in ownership rights of the company.
What is a New York Life client?
Being a New York Life client means that you get the benefit of working with our financial professionals, who will partner with you for life. Our clients are also backed by a company with a long history and notable financial strength—that’s the type of security and track record you can rely on. What’s unique about being a New York Life client?
How much does the New York Life Foundation donate to charity?
For every free download of the e-books, the New York Life Foundation will donate $1 to programs that support grieving children. Bringing clarity to important life decisions. Backed by over 175 years of experience, our financial experts can help you successfully navigate life’s biggest choices. What is whole life insurance?