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0.00378787878787882 0.00378787878787882 0.00380050505050505 0.00380050505050505 0.00380050505050505 0.00505050505050506 -0.00883838383838376 -0.01010101010101
Stock impact report

Abacus Life Completes Acquisition of FCF Advisors [Yahoo! Finance]

Abacus Life, Inc. - Class A (ABL) 
Company Research Source: Yahoo! Finance
The acquisition adds approximately $850 million in assets under management to Abacus and expands its ABL Wealth platform, bringing the company closer to its goal of delivering comprehensive financial advisory services and products. FCF Advisors will continue to offer its suite of free cash flow equity strategies and index products, which will be integrated into Abacus' existing offerings. ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors (“FCF”), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus' on Show less Read more
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