Abacus FCF Advisors is a leader in free
cash flow investing and analytics
Abacus FCF Advisors is a leader in free cash flow investing and analytics
No one else analyzes companies like we do
Meet Our Team
Our team of industry experts are committed to building longstanding, mutually successful partnerships with clients
Meet Our Team
Our team of industry experts are committed to building longstanding, mutually successful partnerships with clients
Jay Jackson is the Chairman and Chief Executive Officer of Abacus Life (NYSE: ABX). He joined Abacus Settlements, LLC in 2016 as President & Chief Executive Officer and has also served as Chief Executive Officer of Longevity Market Assets, LLC since June of 2019.
His strategic business development and creation of innovative new processes and efficiencies has propelled Abacus forward. Mr. Jackson is an industry thought leader relating to longevity and senior finances; he co-authored the book “Pursuing Wealthspan.” Mr. Jackson also serves as a current member of the Orlando Mayor’s Committee on Livability and Healthy Aging and serves as an Executive Board Member for the Senior Resource Alliance, an agency of the Florida Department of Elder Affairs.
Mr. Jackson began his career at Franklin Templeton Investments, where he served as Vice President for more than a decade. Prior to joining Abacus, Mr. Jackson co-founded and managed the Fayerweather Street Life Fund, as well as the Cambridge Life Management origination platform for FDO Partners, a $3 billion quantitative investment firm founded by Harvard Business School Professor Ken Froot.
With over 20 years of experience in the financial services and life settlement industry, Jay has pioneered not only the life settlement and longevity industry as a whole, but has also formed multiple verticals within the ABL umbrella: ABL Tech, ABL Wealth, and ABL Longevity Growth & Income Fund.
Fei Xue is the VP of ABL Wealth – a longevity-based wealth and investment manager using Abacus’ decades-long data and proprietary algorithms to provide financial advisors access to uncorrelated investment solutions and to help create more customized financial plans for clients. With nearly two decades of experience in asset and wealth management, Ms. Xue will be overseeing the buildout of ABL Wealth.
Having worked at Dynasty Financial Partners most recently, Ms. Xue served as a strategic advisor to some of the largest and most successful RIAs across the US. Partnering with sophisticated leadership teams to help scale their businesses, enhance investment offerings, build efficiencies, and better care for their clients. Prior to Dynasty, Ms. Xue was the Director of RIA National Account and Due Diligence at CNL Financial Group, where she made significant contributions in capital raising and distribution of their private market alternative investments. Ms. Xue also had almost a decade of experience in market and product intelligence across US and Asia working for J.P. Morgan Asset Management in both New York City and Hong Kong.
Ms. Xue holds a Bachelor of Science degree from Babson College, and the Chartered Alternative Investment Analyst (CAIA®) designation. She is a native Mandarin speaker having grown up in Dalian, China. She currently resides in Orlando, FL, with her husband and two children.
Vince (Qijun) Chen is the Director of Research and Portfolio Manager at FCF Advisors, where he spearheads the development of firmwide investment strategies and oversees the portfolio management of Active ETFs, SMAs, and Indices. Vince joined the firm in October 2017 as a Quantitative Analyst.
He holds a Master of Science from Baruch College and a Bachelor of Economics from Guangdong University of Foreign Studies. Vince is a CFA Charterholder and an active member of the CQF Institute New York Society.
Outside of work, Vince enjoys soccer, water sports, cycling, and spending quality time with his family and friends.
Derin manages our day-to-day operations and also acts as Chief Compliance Officer. He joined us in July 2017. Prior to joining, he performed various operations, compliance and internal control functions covering mutual funds, closed-end funds, and exchange traded funds.
Derin received his Bachelor of Arts and Sciences in Economics from the State University of New York at Buffalo.
Derin is a keen traveller, taking particular delight in exploring new cultures and cuisines. He splits his time between New York and Tel Aviv.
Tom MacDonald joined Abacus Global Management as a Portfolio Analyst, bringing with him a strong foundation in both finance and technology.
Prior to his current role, Mr. MacDonald spent approximately 2 years at Abacus Global Management serving as a Financial Analyst and Software Engineer before transitioning into a Portfolio Analyst role, which he has held for over a year. In these capacities, he contributed to the design and development of proprietary financial software and supported portfolio analysis and management functions.
Mr. MacDonald has passed the CFA Level II examination and is continuing his pursuit of the CFA charter. He holds a degree in Finance with minors in Mathematics and Computer Science from the University of Central Florida.
Colin McDevitt serves as Regional Director for the Northeast at Abacus Global Management, where he leads efforts in business development across the RIA and independent broker-dealer channels. Since joining the firm in 2025, Colin has played a key role in expanding Abacus’s presence in one of the most dynamic markets in the country.
With over five years of experience in the financial services industry, Colin brings a strong track record of building relationships, driving growth, and delivering tailored investment solutions.
Colin holds a Bachelor’s degree in Business with a minor in Finance from the College of Charleston, and maintains FINRA Series 7 and 63 registrations.
He splits his time between New Jersey and New York. Outside of work, he enjoys staying active and is always up for a round of golf—wherever he can find a tee time.
Jon Knowlton serves as Regional Director for the West Coast at Abacus Global Management, where he is responsible for business development and capital raising across the RIA and independent broker-dealer channels.
Jon brings over 19 years of experience in the financial services industry, specializing in alternative investment distribution. Before joining Abacus FCF, he held roles with firms including Steadfast Capital, Realty Capital Securities, and Grubb & Ellis Securities.
Jon earned a Bachelor of Science in Finance from California State Polytechnic University, Pomona, and maintains FINRA Series 6, 7, and 63 registrations.
He lives in Costa Mesa, California, with his wife and son. Outside of work, Jon enjoys cooking, BBQ, hiking, and sailing with his family.
Caleb La Sage entered the financial services industry in early 2023 with New York Life Insurance Company, where he built a strong foundation in insurance solutions, investment planning, and client relationship management.
In 2024, he joined Abacus Global Management as an Internal Sales Consultant, further expanding his expertise and enhancing the support he provides to advisors and clients. Caleb also holds his FINRA Series 7 license, a key professional credential in the financial services industry, underscoring his commitment to professionalism within regulatory guidelines.
Originally from Oregon, Caleb now resides in the Orlando, Florida area with his wife and their three children, with a fourth on the way. Outside his professional work, he enjoys staying active, spending time outdoors, and traveling with his family.
Jay Jackson is the Chairman and Chief Executive Officer of Abacus Life (NYSE:ABX). He joined Abacus Settlements, LLC in 2016 as President & Chief Executive Officer and has also served as Chief Executive Officer of Longevity Market Assets, LLC since June of 2019.
His strategic business development and creation of innovative new processes and efficiencies has propelled Abacus forward. Mr. Jackson is an industry thought leader relating to longevity and senior finances; he co-authored the book “Pursuing Wealthspan.” Mr. Jackson also serves as a current member of the Orlando Mayor’s Committee on Livability and Healthy Aging and serves as an Executive Board Member for the Senior Resource Alliance, an agency of the Florida Department of Elder Affairs.
Mr. Jackson began his career at Franklin Templeton Investments, where he served as Vice President for more than a decade. Prior to joining Abacus, Mr. Jackson co-founded and managed the Fayerweather Street Life Fund, as well as the Cambridge Life Management origination platform for FDO Partners, a $3 billion quantitative investment firm founded by Harvard Business School Professor Ken Froot.
With over 20 years of experience in the financial services and life settlement industry, Jay has pioneered not only the life settlement and longevity industry as a whole, but has also formed multiple verticals within the ABL umbrella: ABL Tech, ABL Wealth, and ABL Longevity Growth & Income Fund.
Fei Xue is the VP of ABL Wealth – a longevity-based wealth and investment manager using Abacus’ decades-long data and proprietary algorithms to provide financial advisors access to uncorrelated investment solutions and to help create more customized financial plans for clients. With nearly two decades of experience in asset and wealth management, Ms. Xue will be overseeing the buildout of ABL Wealth.
Having worked at Dynasty Financial Partners most recently, Ms. Xue served as a strategic advisor to some of the largest and most successful RIAs across the US. Partnering with sophisticated leadership teams to help scale their businesses, enhance investment offerings, build efficiencies, and better care for their clients. Prior to Dynasty, Ms. Xue was the Director of RIA National Account and Due Diligence at CNL Financial Group, where she made significant contributions in capital raising and distribution of their private market alternative investments. Ms. Xue also had almost a decade of experience in market and product intelligence across US and Asia working for J.P. Morgan Asset Management in both New York City and Hong Kong.
Ms. Xue holds a Bachelor of Science degree from Babson College, and the Chartered Alternative Investment Analyst (CAIA®) designation. She is a native Mandarin speaker having grown up in Dalian, China. She currently resides in Orlando, FL, with her husband and two children.
Vince (Qijun) Chen is the Director of Research and Portfolio Manager at FCF Advisors, where he spearheads the development of firmwide investment strategies and oversees the portfolio management of Active ETFs, SMAs, and Indices. Vince joined the firm in October 2017 as a Quantitative Analyst.
He holds a Master of Science from Baruch College and a Bachelor of Economics from Guangdong University of Foreign Studies. Vince is a CFA Charterholder and an active member of the CQF Institute New York Society.
Outside of work, Vince enjoys soccer, water sports, cycling, and spending quality time with his family and friends.
Derin manages our day-to-day operations and also acts as Chief Compliance Officer. He joined us in July 2017. Prior to joining, he performed various operations, compliance and internal control functions covering mutual funds, closed-end funds, and exchange traded funds.
Derin received his Bachelor of Arts and Sciences in Economics from the State University of New York at Buffalo.
Derin is a keen traveller, taking particular delight in exploring new cultures and cuisines. He splits his time between New York and Tel Aviv.
Tom MacDonald joined Abacus Life in 2023 as a Financial Analyst focusing on investment analysis and financial technology.
He graduated from the University of Central Florida with an academic focus on portfolio management and analysis. Tom holds a degree in Finance with minors in Mathematics and Computer Science.
Tom is a CFA Program Participant and will be sitting for the CFA Level II exam.
Colin McDevitt serves as Regional Director for the Northeast at Abacus Global Management, where he leads efforts in business development across the RIA and independent broker-dealer channels. Since joining the firm in 2025, Colin has played a key role in expanding Abacus’s presence in one of the most dynamic markets in the country.
With over five years of experience in the financial services industry, Colin brings a strong track record of building relationships, driving growth, and delivering tailored investment solutions.
Colin holds a Bachelor’s degree in Business with a minor in Finance from the College of Charleston, and maintains FINRA Series 7 and 63 registrations.
He splits his time between New Jersey and New York. Outside of work, he enjoys staying active and is always up for a round of golf—wherever he can find a tee time.
Jon Knowlton serves as Regional Director for the West Coast at Abacus Global Management, where he is responsible for business development and capital raising across the RIA and independent broker-dealer channels.
Jon brings over 19 years of experience in the financial services industry, specializing in alternative investment distribution. Before joining Abacus FCF, he held roles with firms including Steadfast Capital, Realty Capital Securities, and Grubb & Ellis Securities.
Jon earned a Bachelor of Science in Finance from California State Polytechnic University, Pomona, and maintains FINRA Series 6, 7, and 63 registrations.
He lives in Costa Mesa, California, with his wife and son. Outside of work, Jon enjoys cooking, BBQ, hiking, and sailing with his family.
Caleb La Sage entered the financial services industry in early 2023 with New York Life Insurance Company, where he built a strong foundation in insurance solutions, investment planning, and client relationship management.
In 2024, he joined Abacus Global Management as an Internal Sales Consultant, further expanding his expertise and enhancing the support he provides to advisors and clients. Caleb also holds his FINRA Series 7 license, a key professional credential in the financial services industry, underscoring his commitment to professionalism within regulatory guidelines.
Originally from Oregon, Caleb now resides in the Orlando, Florida area with his wife and their three children, with a fourth on the way. Outside his professional work, he enjoys staying active, spending time outdoors, and traveling with his family.
Timeline
2025
- Abacus FCF launches US Small Cap Quality ETF.
2023
- Dynasty adds TTAC TTAI to model portfolios.
2024
- Abacus Life acquires FCF Advisors.
- FCF rebrands to Abacus FCF Advisors.
- TTAC crosses 500mm AUM.
- TTAI crosses 100mm.
2022
- Dynasty Financial Partners takes minority equity stake in FCF Advisors.
Timeline
2025
- Abacus FCF launches US Small Cap Quality ETF.
2024
- Abacus Life acquires FCF Advisors.
- FCF rebrands to Abacus FCF Advisors.
- TTAC crosses 500mm AUM.
- TTAI crosses 100mm.
2023
- Dynasty adds TTAC TTAI to model portfolios.
What we do
Abacus FCF Advisors employs its proprietary FCF Leaders Model to identify and invest exclusively in the most profitable companies. Our core metric is Free Cash Flow Return on Invested Capital (FCF-ROIC), a combination of two gold standards in private equity valuations.
Our model rigorously analyzes FCF-ROIC through four key, interconnected return drivers: Prudent Capex, Low Accruals, High Cash Flow Margin, and Strong Asset. This comprehensive approach aims to identify high-quality companies characterized by efficient capital-to-profit conversion and scalable business models, ultimately driving sustainable, long-term shareholder value.
The systematic outputs from the FCF Leaders Model are then used to power the development and management of a diverse range of investment solutions.
What we do
Abacus FCF Advisors employs its proprietary FCF Leaders Model to identify and invest exclusively in the most profitable companies. Our core metric is Free Cash Flow Return on Invested Capital (FCF-ROIC), a combination of two gold standards in private equity valuations.
Our model rigorously analyzes FCF-ROIC through four key, interconnected return drivers: Prudent Capex, Low Accruals, High Cash Flow Margin, and Strong Asset. This comprehensive approach aims to identify high-quality companies characterized by efficient capital-to-profit conversion and scalable business models, ultimately driving sustainable, long-term shareholder value.
The systematic outputs from the FCF Leaders Model are then used to power the development and management of a diverse range of investment solutions.
A unique suite of products
The depth and rigor of our intellectual property results in a product suite that cannot be replicated, and which can be tailored to the exacting requirements of any investor.
Investors can access our portfolios as funds, separately managed accounts (SMAs), or through index licensing or model delivery.
A unique suite of products
Investors can access our portfolios as funds, separately managed accounts (SMAs), or through index licensing or model delivery.
Built on the foundation of free cash flow analysis
Most company valuation models used by investors rely on company earnings as a key input, but earnings are not a reliable indicator of company performance.
The considerable latitude afforded to company management on how and when they recognize revenues and expenses can materially affect the outputs from these models.
Free cash flow is a far more reliable indicator of company performance. It is far less open to manipulation and has shown over time to be a much stronger predicter of future company success.
Built on the foundation of free cash flow analysis
Most company valuation models used by investors rely on company earnings as a key input, but earnings are not a reliable indicator of company performance.
The considerable latitude afforded to company management on how and when they recognize revenues and expenses can materially affect the outputs from these models.
Free cash flow is a far more reliable indicator of company performance. It is far less open to manipulation and has shown over time to be a much stronger predicter of future company success.
Investing involves risk. Principal loss is possible.
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the statutory and summary prospectuses, a copy of which may be obtained by visiting the Fund’s website at www.abacusfcf.com/ABFL, www.abacusfcf.com/ABLG, www.abacusfcf.com/ABLD, www.abacusfcf.com/ABOT, www.abacusfcf.com/ABLS, www.abacusfcf.com/ABXB. Please read the prospectus carefully before you invest.
Opinions expressed are subject to change at any time, are not guaranteed and should not be considered investment advice.
Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security. Please click here for top holdings. www.abacusfcf.com/ABFL, www.abacusfcf.com/ABLG, www.abacusfcf.com/ABLD, www.abacusfcf.com/ABOT, www.abacusfcf.com/ABLS, www.abacusfcf.com/ABXB.
ESG investing is defined as utilizing environmental, social, and governance (ESG) criteria as a set of standards for a company’s operations that socially conscious investors use to screen potential investments. A strategy or emphasis on ESG may limit the investment opportunities available to a portfolio. Therefore, the ABFL and ABLG ETFs may underperform or perform differently than other portfolios that do not have an ESG investment focus. The ABLD, ABOT and ABXB ETFs do not include an ESG component.
There is no guarantee that ABFL will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-and mid-cap securities, which involve limited liquidity and greater volatility than large-cap securities.
There is no guarantee that ABLG will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-and mid-cap securities, which involve limited liquidity and greater volatility than large-cap securities. Returns on investments in foreign securities could be more volatile than investments in domestic securities.
There is no guarantee that ABOT will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-and mid-cap securities, which involve limited liquidity and greater volatility than large-cap securities. Passive funds that seek to track an index may hold the component securities of the underlying index regardless of the current or projected performance of a specific security or the relevant market as a whole, which could cause the fund returns to be lower if the fund employed an active strategy.
There is no guarantee that ABLS will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-cap securities, which involve limited liquidity and greater volatility than large-cap securities. The Fund’s focus on Free Cash Flow Return on Invested Capital (FCF-ROIC) as a selection criterion may limit the investment opportunities available to the portfolio and may cause the Fund to underperform or perform differently than other portfolios that do not use this methodology. There is no guarantee that the FCF-ROIC methodology will achieve its intended results or that the companies selected will maintain their cash flow characteristics over time.
There is no guarantee that ABXB will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-and mid-cap securities, which involve limited liquidity and greater volatility than large-cap securities. Passive funds that seek to track an index may hold the component securities of the underlying index regardless of the current or projected performance of a specific security or the relevant market as a whole, which could cause the fund returns to be lower if the fund employed an active strategy.
There is no guarantee that ABLD will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-and mid-cap securities, which involve limited liquidity and greater volatility than large-cap securities. Because the Fund invests in ETFs, an investor will indirectly bear the principal risks of the underlying funds, including illiquidity, and an investment in the Fund will entail more costs and expenses than a direct investment in the Underlying ETFs. Passive funds that seek to track an index may hold the component securities of the underlying index regardless of the current or projected performance of a specific security or relevant market as a whole, which could cause the Fund returns to be lower than if the Fund employed an active strategy. The performance of the Fund may diverge from that of its Index. Downside Protection Model Risk. Neither the Adviser nor the Sub Adviser can offer assurances that the downside protection model employed by the Underlying Index methodology will achieve its intended results, or that downside protection will be provided during periods of time when the Equity Portfolio is declining or during any period of time deemed to be a bear market. Investment in a fund that utilizes a downside protection model that seeks to minimize risk only during certain prolonged bear market environments may not be appropriate for every investor seeking a particular risk profile. The Fund’s investments in derivatives may pose risks in addition to and greater than those associated with investing directly in the underlying assets, including counterparty, leverage and liquidity risks. The Fund may participate in futures markets, which are highly volatile. The Fund’s investments in derivatives may pose risks in addition to and greater than those associated with investing directly in the underlying assets, including counterparty, leverage and liquidity risks. Active and frequent trading of portfolio securities may result in increased transaction costs to the Fund and may also result in higher taxes if Shares are held in a taxable account. REITs Risk. A REIT is a company that pools investor funds to invest primarily in income producing real estate or real estate related loans or interests. The Fund may be subject to certain risks associated with direct investments in REITs. MLP Risk. An MLP is a publicly traded partnerships primarily engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. MLP common units, like other equity securities, can be affected by macroeconomic and other factors affecting the stock market in general.
Market Price: The current price at which shares are bought and sold. Market returns are based upon last trade price. NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
Securities are distributed by Quasar Distributors, LLC & Regional Investment Services, Inc, Member FINRA.
© FCF Funds. All Rights Reserved.