Astoria, NY 12 24th Ave Office

Team
Updated today
PRIMERICA Advisors logo

PRIMERICA Advisors

Institution

Firm-wide stats for PRIMERICA Advisors

Total advisors

4,003

Across 1,252 offices

Clients per advisor

17 Very Low

Avg AUM per client

$228,117 Very Low

HNW client ratio

3% Very Low

About

Primerica Advisors is the sponsor and discretionary portfolio manager of a wrap-fee asset management program that serves primarily individual investors (including both non-HNW and high-net-worth clients), as well as corporate and charitable clients. The firm operates at scale — roughly 3,698 financial advisors, about 1,829 offices, and approximately $15.5 billion in AUM — and delivers advisory services through advisors who collect client information and present model recommendations.

The Program relies largely on model-delivery strategies created and managed by unaffiliated asset managers, with a limited number of discretionary separately managed account options; an overlay manager (BNY Mellon Advisors) and Pershing custody/clearing support trade execution and account custody. Models span strategic, tactical, tax-managed and income-distribution approaches and the brochure discloses recently added models that allocate to exchange-traded funds investing in cryptocurrency; advisory arrangements are billed as percentage-of-AUM rather than on a fixed-fee basis.

Compared with many large institutional advisers, Primerica does not provide portfolio management for institutional clients, does not serve pension or profit‑sharing plan clients, and does not offer a formal “selection of other advisers” service for clients — features that the firm’s disclosure highlights as absent. The firm also discloses several program-specific operational features and conflicts (use of third‑party due diligence, certain proprietary fund limitations through its broker‑dealer, an exclusion of parent-company stock from Program accounts, and compensation arrangements tied to wrap fees and asset managers) that distinguish its program governance and product availability from some peers.

Based on PRIMERICA Advisors

Expertise

ESG / Sustainable investing Tax-loss harvesting Income planning

Based on PRIMERICA Advisors

Location

31 12 24th Ave, Ste 1002 B

Astoria NY 11102

Advisors at this office

4

Advisors at this office

user avatar

Hugo V

Series 63

Astoria, NY

Primerica Advisors

Hugo Vargas is a Series 63 licensed financial advisor with Primerica Advisors, based in Astoria, NY, and has 10 years of industry experience. He has been with Primerica Advisors since 2016 and has worked with Primerica Financial Services since 2012. In addition to his advisory role, he is involved in the sale of loan products and home-related services through affiliated companies. Primerica Advisors offers discretionary asset management through its Lifetime Investment Program, serving individual and high-net-worth clients with model-delivery strategies and discretionary separately managed accounts. The firm emphasizes a tiered wrap-fee structure and curates third-party asset managers while delegating trading responsibilities to BNY Mellon Advisors.

ESG / Sustainable investing Tax-loss harvesting Income planning
user avatar

Yonny G

Series 63

Astoria, NY

Primerica Advisors

Yonny Guaneme is a financial advisor with Primerica Advisors, holding a Series 63 designation and 19 years of industry experience. He has worked with PFS Investments, Inc. and Primerica Financial Services since 2006. Outside of advisory services, he is involved in the sales of loan products, home security, and automation services through affiliated companies. Primerica Advisors offers a wrap-fee asset management program primarily serving individual investors, including non-high-net-worth and high-net-worth clients, as well as corporate and charitable clients. The firm employs model-based strategies managed by unaffiliated asset managers and supports trade execution and custody through BNY Mellon Advisors and Pershing.

ESG / Sustainable investing Tax-loss harvesting Income planning
user avatar

Luis V

Series 63

Astoria, NY

Primerica Advisors

Luis Vargas is a financial advisor with Primerica Advisors in Astoria, NY, holding a Series 63 designation and 12 years of industry experience. He has worked with PFS Investments, Inc. since 2014 and Primerica Financial Services since 2012, alongside self-employment activities dating back to 2000. Outside of advisory work, he is involved part-time with an employee retention credit affiliate, ERC Specialists. Primerica Advisors provides discretionary asset management through its Lifetime Investment Program, which serves individual and high-net-worth clients with model-delivery strategies and discretionary separately managed accounts. The firm curates third-party asset managers and offers a tiered wrap-fee structure for its investment solutions.

ESG / Sustainable investing Tax-loss harvesting Income planning
user avatar

Alejandra S

Series 63

Astoria, NY

Primerica Advisors

Alejandra Soto is a financial advisor with Primerica Advisors in Flushing, NY, holding a Series 63 designation and 12 years of industry experience. She has been with Primerica Advisors since 2013 and has worked with Primerica Financial Services since 2011. In addition to her advisory role, she is involved in sales of loan products and home security and automation services through affiliated companies. Primerica Advisors offers discretionary asset management through its Lifetime Investment Program, which includes model-delivery strategies and selectively managed accounts for individual and high-net-worth clients. The firm employs third-party asset managers and uses a tiered wrap-fee structure, focusing on curated investment models rather than institutional plan management.

ESG / Sustainable investing Tax-loss harvesting Income planning
View complete list of advisors at this office
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