Alexander Vari is a registered investment advisor at New York Life Investment Management LLC, based in New York, NY, with 7 years of industry experience. Alexander operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,042 clients with $110B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
86 advisors
Number of Clients
1,042 clients
Average Client Portfolio
$108.6M average
Assets Under Management
$113.2B

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)

NYLIM does not directly manage investments for individual investors. Instead, NYLIM provides operational, administrative, and trading services for managed accounts offered through wrap fee programs sponsored by other firms. As part of these programs, NYLIM may engage subadvisors to provide investment advice and trade execution. The annual management fee ranges from 0.25% to 0.80% of assets under management, paid by the sponsor or client, and varies depending on the sponsor, investment strategy, account type, services provided, and assets in the program.

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Location

51 Madison Avenue, New York, NY, 10010

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Nylife Distributors LLCBroker
March 2024 - Present · 2 yrs 1 mo
New York Life Investment Management LLC
March 2024 - Present · 2 yrs 1 mo
Nylife Distributors LLC
March 2024 - Present · 2 yrs 1 mo
Previous Registrations
Federated Global Investment Management CORP.
May 2019 - March 2024 · 4 yrs 10 mos
Mdt Advisers, a Division of Federated Mdta LLC
November 2018 - March 2024 · 5 yrs 4 mos
Federated Securities CORP.
November 2018 - March 2024 · 5 yrs 4 mos
Federated Investment Counseling
November 2018 - March 2024 · 5 yrs 4 mos
Federated Securities CORP.Broker
October 2018 - March 2024 · 5 yrs 5 mos
State Registrations3 states
NYOHPA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
Alexander Vari - Financial Advisor | TrueAdvisor