State of the Life Settlement Market
Nearly every day, a new study is released about the realities of our aging population and how seniors have not properly planned for retirement and/or medical expenses. From the growing retirement savings gap to the senior health care/long-term care funding crisis, seniors should be aware of all their financial options and advisors should be prepared. A life settlement can often be the solution for them as they continue their golden years. A case study analysis will be part of the session.
You will learn:
- Capital market and industry update
- Current pricing and underwriting standards
- Regulatory and legislative support for the life settlement industry
- Why policy valuations and audits are vital to proper insurance planning
- How simplified underwriting is used for pre-pricing
Jay Jackson is President and CEO of Abacus Life. A highly-experienced alternative asset manager and capital raise expert, Jay joined Abacus Life in 2016. His strategic business development and creation of innovative new processes and efficiencies has propelled the company forward and, under his direction, Abacus has taken over as the industry’s leader in payouts to clients. As President & CEO, Jay has built multiple cutting-edge origination and investment platforms and launched a direct underwriting and purchase process to dramatically reduce the time a client has to wait for payment. A native of California, Jay began his career at Franklin Templeton Investments, where he served as vice president for more than a decade, raising $2 billion in capital. Prior to joining Abacus, Jay co-founded and managed the Fayerweather Street Life Fund as well as the Cambridge Life Management origination platform for FDO Partners, a $3 billion quant investment firm founded by Harvard Business School professor Ken Froot.
Scott Kirby is Managing Partner at Abacus Life. Scott has an extensive background in the Life Settlement industry dating back to 1997. Having begun his career with a Viatical Settlement broker in Florida, he helped pioneer the company’s entrance into the Life Settlement marketplace and completed some of the industry’s very first transactions. In 2004, Scott co-founded Abacus Settlements where he oversees business development and has helped the company grow to one of the leading Life Settlement Providers in the industry. Scott frequently speaks to a variety of financial services professionals including members of a number of National Insurance Marketing Organizations, Broker General Agencies, Broker Dealers and study groups. Scott is also a former Board member of the Life Insurance Settlement Association (LISA) where he helped craft language found in a number of the NAIC and NCOIL model acts in use today. He is a graduate of the University of Central Florida and resides in Windermere, FL.
1 CFP® credit, 1 CPE (accounting) credit, and 1 Professional Recertification (formerly PACE) credit have been applied for.
$5.00 fee per credit.
You must participate in the live webinar in order to earn CE credits. For those requesting credits, a certificate of completion will be emailed to you about a week after the webinar, upon successful completion of the webinar. For CFP® credit, FSP will report your credit to the CFP Board for you after the webinar.
Registration Fee (includes live webinar, PowerPoint, and access to the archived program)
||FSP Premier Members
|Prof Recertification (PACE) Credit:
* FSP Members still need to register as usual.
- Register online by selecting the "Register" button above.
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- Refund Policy
Upon registration, you will receive instructions via e-mail on how to participate in the program. The e-mail will also include instructions for downloading the PowerPoint presentation.
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This program will be recorded and archived and the link to the recording will be emailed to all registrants about a week after the webinar.
Can't attend the live webinar? Register anyway and you will automatically be sent the link to the recording.
The recording will also be accessible by all FSP members in the Member Resources area of the Website within 24 hours of the webinar.
The recording will include both the audio portion and PowerPoint slides.