Ned Davis Research

Ned Davis founded the firm in 1980. He remains active as chairman, though day-to-day strategy is led by senior professionals including Chief Global Investment Strategist Tim Hayes (per public record).

It is a pure research subscription service. The firm does not operate a fund or manage discretionary client assets — it sells analytical content and model signals to institutional clients (per the firm's corporate description).

Clients include pension funds, endowments, asset managers, hedge funds, and family offices across the US, Europe, and Asia (per the firm's published client list). The firm does not serve retail investors directly.

The Crowd Sentiment Poll is one widely cited tool, aggregating data from investment newsletters and market sentiment surveys to gauge bullish or bearish extremes (per public record).

The firm employs roughly 160 people, including analysts, strategists, data scientists, and support staff, all based in Venice, Florida (per public record).

The firm focuses on top-down macro analysis — trend following, sentiment measurement, liquidity analysis — across US equities, fixed income, currencies, commodities, and global markets (per public record).

Succession details are not publicly disclosed. Founder Ned Davis is still involved, but leadership appears to be transitioning to senior strategists like Tim Hayes, though no formal timeline exists (per public record).