Equity Overview
Price & Market Data
Price: $8.27
Daily Change: -$0.03 / 0.36%
Range: $8.14 - $8.37
Market Cap: $800,974,336
Volume: 221,117
Performance Metrics
1 Week: 1.47%
1 Month: 14.70%
3 Months: 4.29%
6 Months: -4.94%
1 Year: -31.48%
YTD: 5.62%
Company Details
Employees: 157
Sector: Finance
Industry: Investment managers
Country: United States
Details
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates through five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment is involved in buying, selling, and trading policies and maintaining policies until receipt of death benefits. The Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owners. The Asset Management segment provides asset management services to investors investing in alternative investment and equity portfolio funds based on fund investment agreements. The Portfolio Servicing segment offers policy services to customers on a contract basis. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis. It sells its products through financial advisors or agents, direct to consumer, and traditional life settlements intermediaries. The company was formerly known as Abacus Life, Inc. and changed its name to Abacus Global Management, Inc. in February 2025. Abacus Global Management, Inc. was founded in 2004 and is headquartered in Orlando, Florida.