Abbit Management Corp

Abbit provides fee-based, discretionary portfolio management primarily to individuals (including high net worth clients), as well as corporate entities and financial institutions, and offers retirement plan services. According to the firm’s brochure, Abbit managed $252,322,909 in discretionary assets across 446 accounts as of June 30, 2025 and also administers Master Trust Management arrangements for prepaid funeral programs.

The firm implements long-term, generally conservative investment strategies that may be adjusted to moderately aggressive approaches when client objectives warrant, using no-load mutual funds, exchange-traded funds, exchange-listed securities, bonds, and outside professional managers. Abbit conducts ongoing account monitoring and periodic reviews, drawing on daily market observation, regulatory filings, research materials and internet-based tools, and provides participant education for retirement plan clients.

What is distinctive for this firm is its substantive involvement with funeral industry trust and ancillary financial products — it manages co-mingled Master Trust assets for pre-need funeral contracts, prepares related tax reporting, and operates an insurance escrow trust for assigning life insurance policies to those trusts. The firm also serves as a third‑party administrator for guaranteed travel assurance plans (GTAP) and receives carrier compensation for that service, an activity the brochure notes is not solicited to its advisory clients and is relatively uncommon among similar firms.