Updated:
Strategas Asset Management
Strategas Asset Management was founded in 2006 by Nicholas Bohnsack and Jason Trennert, both of whom came from prominent sell-side research backgrounds.
Strategas Asset Management
Strategas Asset Management was founded in 2006 by Nicholas Bohnsack and Jason Trennert, both of whom came from prominent sell-side research backgrounds. The firm established itself as a focused macro-research house before expanding into asset management, providing institutional clients with differentiated views on policy, monetary trends, and sector cycles. Strategas operates across asset classes including US equities, fixed income, macro ETFs, and sector rotation strategies. The firm is known for its proprietary research process that emphasizes political and regulatory analysis alongside traditional economic indicators. Portfolio companies and positions are not publicly disclosed at the security level, but the firm's investment approach is built around top-down macro themes. The firm is headquartered in New York City and serves a client base that includes pension funds, endowments, foundations, RIAs, and family offices. Strategas has maintained a lean team structure, with key investment professionals including CIO Tom Shanahan. The firm does not operate a separately branded philanthropic foundation or adjacent vehicles that have been publicly documented. Strategas’ structural differentiator lies in its hybrid model as both an independent research provider and an asset manager — a dual role that is uncommon among macro boutiques. The firm's political-economy lens, originally developed by Trennert, gives it a distinct sourcing advantage in assessing regulatory shifts and fiscal policy impacts on portfolio construction.
General information
Firm type
Asset Manager
Year founded
2006
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Nicholas Bohnsack
CEO
Jason Trennert
Chairman
Tom Shanahan
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Strategas Asset Management?
Investment decisions are led by Chief Investment Officer Tom Shanahan, alongside CEO Nicholas Bohnsack and Chairman Jason Trennert. The firm's macro strategy and policy analysis framework was developed by Trennert, who remains a key voice on investment outlook.
How does Strategas source its investment ideas?
Strategas generates investment ideas through its proprietary macro research process, which integrates economic data, Federal Reserve policy analysis, sector rotation models, and political-risk assessment. The firm does not rely on external third-party research but instead develops its own top-down thematic views.
Does Strategas manage assets for family offices or only institutions?
Strategas serves a broad institutional client base that includes family offices, pension funds, endowments, foundations, and RIAs. The firm does not maintain separate minimums for family offices but typically services them through its separate-account and ETF-based strategies.
What investment approach does Strategas use?
Strategas follows a top-down macro approach, focusing on sector rotation, asset allocation, and theme-based positioning. The firm uses ETFs and separate accounts to implement its views across equity, fixed income, and macro strategies.
Is Strategas independent or part of a larger firm?
As of January 2025, Strategas is part of Baird Financial Group after being acquired. It continues to operate as an independent brand and investment process within Baird's asset-management platform.
What is the firm's AUM and is it disclosed?
Strategas does not publicly disclose its assets under management. The firm has historically managed institutional capital without advertising a specific AUM figure.
What asset classes does Strategas cover?
Strategas covers US equities, fixed income, macro strategies, and sector-focused mandates. It also publishes research on political and regulatory developments that affect asset allocation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: