Fei Xue Appointed as Vice President of ABL Wealth at Abacus Life

Core Insights - Abacus Life, Inc. has appointed Fei Xue as Vice President of ABL Wealth, bringing nearly 20 years of experience in asset and wealth management [1][2] - The launch of ABL Wealth is a strategic growth area for Abacus Life, aiming to revolutionize wealth management through data-driven decision making [2] - Abacus Life specializes in longevity and actuarial technology, with over $5 billion in face value of life insurance policies purchased since 2004 [3][4] Company Overview - Abacus Life is a leading alternative asset manager and market maker, focusing on longevity and actuarial technology [3] - The company has developed a robust origination and portfolio management process supported by a team of over 100 professionals and long-term relationships with 78 institutional partners and 30,000 financial advisors [4] - Abacus Life is the only public life settlement company, trading on the Nasdaq under the ticker symbol ABL [3] Leadership and Strategic Goals - Fei Xue's previous experience includes serving as a strategic advisor at Dynasty Financial Partners and Director of RIA National Account at CNL Financial Group [1][2] - The partnership with Dynasty Financial Partners is expected to significantly enhance the development and growth of ABL Wealth [2] - Abacus Life aims to maximize the value of life insurance for clients through innovative channels such as ABL Tech, ABL Wealth, and ABL Longevity Growth & Income Funds [3]