Abacus Global Management

What Abacus Global Management does

Abacus Global Management, Inc. (NYSE: ABX) is a publicly traded alternative asset manager specializing in longevity-based and lifespan-linked financial products. Founded in 2004 in New York City and now headquartered in Orlando, Florida, the company operates four integrated business divisions: Abacus Life Solutions (life insurance policy origination, evaluation, and management), Abacus Asset Group (alternative investments including asset-based finance), Abacus Intel (mortality data and technology services), and Abacus Wealth Advisors (wealth management). The company manages approximately $3.6 billion in assets under management, with its Longevity Income Funds segment reaching roughly $1 billion in AUM, nearly quadrupling year-over-year.

The company's core technology stack is anchored by two proprietary platforms. LifeARC™ is an AI-powered lifespan modeling platform that analyzes 20+ years of proprietary mortality, medical, and actuarial data to produce personalized retirement and estate planning models. MVerify® is a mortality verification solution that cross-references multiple death data sources (government registries, Social Security data, obituaries) to identify mortality events with 99% verified accuracy. The firm applies predictive analytics, generative AI, anomaly detection, and process automation across these platforms, with the proprietary longevity data serving as a competitive moat.

Abacus generates revenue through three primary streams: asset management fees from longevity-focused investment funds (subscription/recurring), life settlement origination and portfolio management transactions (asset management), and technology/data services sold to institutional clients such as pension plans and insurance companies (professional services). Full-year 2025 revenue was $235.2 million, a 110% year-over-year increase, with Q1 2026 revenue of $59.4 million up 34.6% year-over-year. Net income reached $36.53 million for FY2025, with annual ROE expanding to 19%. The customer base spans institutional investors (pension funds, endowments, family offices), individual retirees seeking longevity-based planning, financial advisors/RIAs, and pension plan administrators, served through direct institutional sales, strategic distribution partnerships (notably Manning & Napier's $18B AUM platform), and a conference-driven investor relations program.

Name

Abacus Global Management

Legal name

Abacus Global Management, Inc.

Website

https://abacusgm.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

Abacus Global Management (NYSE: ABX) is a publicly traded alternative asset manager specializing in longevity-based financial products, managing approximately $3.6 billion in AUM across life settlements, asset-based finance, mortality data services, and wealth advisory. It serves institutional investors, individual retirees, RIAs, and pension plans through proprietary AI platforms LifeARC and MVerify.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Finance Services (6199), Investment Advice (6282)

akta.pro primary industry

Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)

akta.pro secondary industries

Run-off Investment & Asset-Liability Management (ALM) for Legacy Books (FSAOAJAO), Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE)

Keywords

• Alternative asset management
• Life settlement services
• Longevity-based investing
• Wealth advisory services
• Mortality data analytics

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Life Solutions: Life settlement origination and asset management, including policy acquisition, portfolio management, and advisory services. Revenue generated through asset management fees and policy transactions. In Q1 2026, Life Solutions segment generated $50.6 million in revenue.
2. Asset Management Fees: Fee-related earnings from managing longevity-focused investment funds including life settlements, asset-based finance strategies, and other alternative asset products. Growth in fee-paying assets and AUM drives recurring revenue.
3. Technology Services: Revenue from providing mortality verification, data analytics, and technology services to institutional clients including pension plans, insurance companies, and life settlements providers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Abacus Global Management is a publicly traded alternative asset manager that originates, manages, and distributes longevity-linked financial products across four divisions: Abacus Life Solutions (life settlement origination and management), Abacus Asset Group (asset-based finance strategies), Abacus Intel (mortality data and technology services), and Abacus Wealth Advisors (lifespan-based investment strategies for individuals and institutions). The firm operates ~$3.6 billion in AUM and leverages proprietary AI platforms (LifeARC and MVerify) to underwrite and manage mortality-driven, structurally uncorrelated assets.

Differentiator

Problem solved

Functional benefit

Brands

• LifeARC: Proprietary AI-powered lifespan modeling platform that uses 20 years of proprietary data to create personalized retirement and estate planning models for individual clients, positioning the company as the intelligence layer for lifespan-linked finance
• MVerify
• LMA Income II Fund

Products and services

• Abacus Life Solutions
• Abacus Asset Group
• Abacus Intel
• Abacus Wealth Advisors

Quantifiable outcome

• Q1 2026 revenue of $59.4 million, up 34.6% year-over-year
• +5 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability7 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Manning & NapiercoreStrategic or Co-development Partner · 12 March 2026Abacus Global Management acquired a $53 million minority equity stake in Manning & Napier, a wealth and asset management firm with approximately $18 billion in total AUM serving 3,400 clients. The partnership includes product distribution agreements where Manning & Napier will distribute Abacus investment products including ETFs, longevity funds, and asset-based finance strategies. The two firms will collaborate on joint product development using Abacus' proprietary longevity data platform LifeARC alongside Manning & Napier's wealth advisory platform. The transaction is expected to close in Q2 2026 subject to regulatory approvals.
• Dynasty Investment BankminorGTM or Marketing PartnerDynasty Investment Bank, the #1 investment bank serving the independent RIA industry with 15 transactions representing $162 billion in AUM completed in 2025, serves as a distribution and referral partner in the RIA market. CEO Jay Jackson appeared on Connect Money to discuss the company's partnership with Dynasty Financial Partners.

Scale indicators13 records

Recent moves9 records

Expansion highlights7 records

Broad incumbents

• KKR & Co. Global alternative asset manager with insurance and credit strategies. Abacus CIO Elena Plesco and ABF leader Monty Cook came from KKR and Varde Partners respectively, indicating direct talent overlap. Comparable institutional investor base and alternative asset focus.
• The Carlyle Group: Large alternative asset manager with credit and insurance-linked strategies serving pension plans and institutional investors. Comparable public-market alt manager peer for benchmarking AUM growth, fee economics, and ROE expansion.
• Brookfield Asset Management: Alternative asset manager with growing insurance solutions and credit businesses targeting institutional investors with uncorrelated, asset-backed strategies. Direct comparable for the ABF strategy Abacus is launching.
• Apollo Global Management: Large-scale alternative asset manager with significant insurance-linked and annuity strategies (Athene) that compete with Abacus for institutional capital seeking uncorrelated, mortality-driven returns. Comparable business model across origination, asset management, and retirement-focused wealth advisory.
• Blackstone Inc. Largest alternative asset manager with insurance solutions and credit businesses serving institutional investors seeking uncorrelated assets. Provides the public-market comparable for valuation framing of Abacus's longevity and ABF strategies.

Others

• Focus Financial Partners: Wealth management platform consolidating independent RIAs and wealth advisory firms. Comparable in serving the financial advisor/wealth channel that Abacus targets through its life settlement origination and wealth advisory offerings.
• LPL Financial Holdings: Largest US independent broker-dealer providing wealth management infrastructure and platform services to RIAs. Comparable in serving the financial advisor/wealth channel where Abacus distributes life settlement solutions and wealth advisory offerings.

Regional players

• Brighthouse Financial: US-focused insurance and annuity provider whose retirement and longevity-linked products compete for the same individual retiree and institutional capital pool as Abacus Life Solutions and Longevity Income Funds.

Direct peers

• Manning & Napier Inc. Wealth and asset management firm with ~$18B AUM serving 3,400+ clients; subject of Abacus's $53M minority investment and Strategic Alliance Agreement. Direct distribution peer through the Abacus partnership and a comparable multi-channel wealth advisory platform.
• Coventry First LLC: Direct competitor in the life settlement and longevity-linked asset market — the primary alternative asset manager Abacus competes against for policy originations and institutional capital. Currently adverse to Abacus in active litigation, underscoring the direct competitive overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AbacusGM
• Facebookfacebook.com/abacusgm
• LinkedInlinkedin.com/company/abacusgm

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abacus Global Management