Client Resources

Set up automatic, periodic transfers from your bank account or payroll to your NYLIFE Securities account. Your money collects interest in a money market account—until you are ready to invest it. Transfers can be made monthly, quarterly, or semiannually. This service is free of charge (not available on SIMPLE IRAs).

Invest assets from your money market account into the mutual funds of your choosing on a monthly, quarterly, or semiannual basis to take advantage of dollar-cost averaging. There is no additional fee for this service. (PIPs using dollar-cost averaging do not assure a profit or protect against loss in declining markets. This type of plan involves continuous investments in securities regardless of fluctuating price levels. Please consider your financial ability to continue purchases through periods of low price levels.)^{1, 2}

¹Please note that mutual fund prices will vary depending on market conditions. Withdrawals and distributions are subject to income taxes and if taken prior to age 59½, a 10% federal penalty may also apply.

²Minimum investments will vary by fund and amount and should be verified with NYLIFE Securities prior to establishment to ensure that our platform minimums are met.

Liquidate shares of a mutual fund on a periodic basis and have proceeds “swept” into your money market account– monthly, quarterly, or semiannually.¹

¹Please note that mutual fund prices will vary depending on market conditions. Withdrawals and distributions are subject to income taxes and if taken prior to age 59½, a 10% federal penalty may also apply.

Access your investments and up‐to‐the‐minute account information 24 hours a day, 7 days a week.

Get free real‐time stock quotes, daily mutual fund prices, market news, and equity research reports.

Consolidate all your investments into one individual brokerage account and enjoy the convenience of a single, easy‐to‐read statement.

Enjoy the convenience of check‐writing privileges to access your funds and pay bills—there’s no minimum amount required per check and no limit on the number of checks you may write (Must be 59½ for IRA check writing).¹

¹Withdrawals and distributions are subject to income taxes and if taken prior to age 59½, a 10% federal penalty may also apply.

Place equity trades online in your account for a discounted fee of $14.95 with services available 24 hours a day, 7 days a week.