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Kyle Nystrom

1 Year of Experience
Richmond, VA
BrokerSells Insurance

Kyle Nystrom is a registered investment advisor at Bankers Life Advisory Services, INC., based in Richmond, VA, with 1 years of industry experience. Kyle operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 11,822 clients with $1.9B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
504 advisors
Number of Clients
11,822 clients
Average Client Portfolio
$164K average
Assets Under Management
$1.9B

Fee Structure

Investment management only (planning not offered)

Bankers Life Advisory Services (BLAS) charges an annual fee for managing your investment portfolio, ranging from 0.50% to 2.5% of the portfolio's value. This fee is negotiable. The fee is deducted from your account quarterly in advance.

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Location

10800 Midlothian Turnpike Ste 134 &140, Richmond, VA, 23235

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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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Other Business ActivitiesSells Insurance

Kyle is a 1099 agent for Bankers Life and Casualty Company (BLC). Through BLC and KFA, he sells Medicare Supplement, Annuity and Equity Indexed annuity insurance products, life insurance, health, and LTC.

Employment History
Current Registrations
Bankers Life Securities, INC.Broker
April 2025 - Present · 1 yr 1 mo
Bankers Life Advisory Services, INC.
April 2025 - Present · 1 yr 1 mo
Previous Registrations
First Command Advisory Services
September 2023 - June 2024 · 9 mos
First Command Brokerage Services, INC.Broker
June 2023 - June 2024 · 1 yr
State Registrations1 state
VA
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.
Kyle Nystrom - Financial Advisor | TrueAdvisor