Continuing a Years-Long Strategic Partnership
Abacus Global Management, a leader in the alternative asset management space, announced a minority investment in Dynasty Financial Partners (“Dynasty”), a leading provider of technology-enabled wealth management solutions for independent financial advisors.
“Over the years, we have developed a deep relationship with the team at Dynasty, so we are thrilled to be able to offer them support, as well, through this investment,” said Jay Jackson, Chairman and Chief Executive Officer of Abacus. “Their backing and expertise empower us to continue building on our suite of services and expanding our national footprint.”
Abacus is a member of the network of owners and operators of independent firms leveraging Dynasty’s integrated technology, services, robust turnkey asset management program (TAMP), digital lead generation services, capital solutions, and investment bank. Currently, Dynasty has 57 Network Partner firms and over $105 billion in platform assets.
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Shirl Penney, Founder and Chief Executive Officer of Dynasty, said: “This alignment and mutual investment is yet another illustration of how the independent wealth management space has truly exploded with growth and opportunity. Jay and the team at Abacus are well-positioned to keep moving forward with their growth plans and we are proud to partner with them to support each other’s strategic goals.”
Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.
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