First Trust Advisors L.P.

First Trust Advisors L.P. is a federally registered investment advisor headquartered in Wheaton, Illinois, at 120 East Liberty Drive, Suite 400. Established in 1991 alongside its affiliate, First Trust Portfolios L.P., the firm's mission is to provide trusted investment products and advisory services to financial professionals and their clients. They are committed to delivering superior products, services, and results through a disciplined investment philosophy.

The company offers a comprehensive suite of investment solutions, including unit investment trusts (UITs), exchange-traded funds (ETFs), closed-end funds, mutual funds, variable annuities, separately managed accounts (SMAs), direct indexing, and custom option solutions. As of March 31, 2026, First Trust Advisors L.P. managed or supervised approximately $319 billion in assets. Their client base spans brokerage firms, registered investment advisors, insurance companies, foundations, endowments, pension and retirement systems, family offices, and individual investors.

First Trust is a privately-held entity, with James A. Bowen serving as CEO. The firm is recognized for its significant presence in the actively managed ETF and unit investment trust markets. Recent activities include regular announcements of distributions for its various exchange-traded funds and the introduction of new products, such as the First Trust New Constructs Core Earnings Leaders ETF launched in October 2024. The firm's approach emphasizes transparency, long-term investing, and tax efficiency.