Asset ManagerRIA · CRD 288271SEC-Registered

Updated:

Astoria Portfolio Advisors

ASTORIA PORTFOLIO ADVISORS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2020.

Astoria Portfolio Advisors

ASTORIA PORTFOLIO ADVISORS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2020. The firm manages $978 million in assets, $975 million on a discretionary basis. It has 9 employees and 9 investment advisers.

General information

Firm type

Asset Manager

Year founded

2013

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

John Davi

Founder & CEO

Sector focus

Asset ManagementETF StrategiesQuantitative Investing

Frequently asked questions

Who runs investment decisions at Astoria Portfolio Advisors?

Founder and CEO John Davi is the firm's chief investment officer and primary decision-maker for all model portfolios. Davi structured ETF portfolios at Morgan Stanley for a decade before launching Astoria in 2013 and currently leads the investment committee.

How does Astoria charge for its investment strategies?

Astoria charges a subscription fee for access to its model portfolios and research, rather than a traditional percentage-of-assets management fee. This means client RIAs retain full control of custody and trading while receiving institutional-quality tactical allocation signals.

Does Astoria manage individual stock and bond portfolios?

No. Astoria constructs portfolios entirely using exchange-traded funds and does not engage in single-security selection. The firm's view is that ETFs provide sufficient granularity across sectors, factors, and geographies to express sophisticated macro and quantitative strategies at lower cost.

What is the relationship between Astoria and the ROE ETF?

In 2022, Astoria partnered with Subversive Capital to launch the Astoria US Equity Alpha Quality ETF (ticker ROE), an actively managed ETF of ETFs listed on NYSE Arca. The fund packages a version of Astoria's quantitative alpha and quality-factor model into a single-ticker product for advisors.

What types of clients does Astoria typically work with?

Astoria's model portfolios and research subscriptions are designed for registered investment advisors, wealth managers, and smaller family offices. The firm's subscription-based delivery model means clients must have their own operational infrastructure for trading and custody.

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