John Davi is a renowned strategist and investment manager with 20 years of experience spanning across macro Exchange-Traded Fund (ETF) strategy, quantitative research, and portfolio construction. He began his career in 2000 at Merrill Lynch working in equity derivatives research. He then joined Morgan Stanley in 2009, where he spent the next 8 years developing ETF content and structuring portfolios for the world’s largest institutional investors.
Throughout his career, John had his sight set on becoming an entrepreneur. He knew that his institutional research background was a unique skillset that gave him an edge in constructing portfolios. In 2017, John launched Astoria Portfolio Advisors LLC, known commonly as “Astoria.” Headquartered in New York City, Astoria is an investment management firm that builds wealth management solutions focused on research driven, cross asset, and ETF portfolio construction. The company’s specialties include investment management, outsourced chief investment officer (OCIO) and sub advisory services.
At Astoria, the team provides investment advice to clients and builds portfolios on behalf of their investors, financial advisors, and family offices. “Our team has an institutional background, as well as very complementary skillsets across distribution, operations, and research,” says John. “These tenets help separate Astoria from our competition.” While some people use mutual funds or individual stocks to build portfolios, which are tax inefficient, costly and could be more volatile, Astoria invests client capital using low cost, tax efficient, and liquid ETFs. Astoria believes ETFs are the superior investment management solution.
As the founder and chief investment officer of Astoria, John’s primary function is to conduct macro and quantitative research and to head the investment committee, which is predominately responsible for allocating client capital. He utilizes macroeconomic models and cross-asset risk indicators with the goal of providing better risk-adjusted returns across varying economic cycles. John then works to find cheap asset classes where he believes the market will eventually realize the asset’s potential.
According to John, another element that sets Astoria apart from other firms is the team’s discipline and determination to go beyond their clients’ expectations. They do this by following a strict set of objectives and key results (OKRs). John explains, “Our team knows we have a unique value proposition coupled with a militant work ethic. But we must go above and beyond our OKRs in a systematic fashion.”
Astoria Portfolio Advisors is a frequent contributor to a number of TV stations including CNBC, Bloomberg, and Yahoo! Finance. Astoria’s research has been featured in various online publications and podcasts including CNBC.com, Wharton Business Radio, Inside ETFs, Financial Advisor Magazine, Reuters, RIA Channel, Joint Venture Events Group, Asset TV, Value Walk, and ETF Trends.
John Davi-Founder and CIO
Astoria Portfolio Advisors, LLC
315 West 36th Street, New York, New York 10018