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New York Life Insurance Company vs Edward Jones Investments

Created: June 09, 2015, Updated: July 02, 2015, Owner: claim ownershipPut your name here Comments (0)

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New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #89 on the 2013 Fortune 500 list, with about $381 billion in total assets under management, and more than $19 billion in surplus and AVR. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds. –Editor's choicemore
Edward D. Jones & Co., L.P., since 1995 simplified as Edward Jones is a financial services firm headquartered in Des Peres, Missouri, United States and serves investment clients in the U.S. and Canada, through its branch network of more than 12,000 locations and currently have relationships with nearly 7 million clients worldwide. The firm focuses solely on individual investors and small-business owners. Edward Jones is a subsidiary of The Jones Financial Companies, L.L.L.P., a limited liability limited partnership owned only by its employees and retired employees and is not publicly traded. –Editor's choicemore
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IndustryInsurance: Life & AnnuityInvestment services
HeadquartersNew York Life Building, New York City, New York, U.S.Des Peres, Missouri, United States
Revenue$27.29 Billion USD (2014)$6.28 billion USD (2014)
Number of employees12,000 (2014)41,142 (2015)
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