Astoria Portfolio Advisors

What Astoria Portfolio Advisors does

Astoria Portfolio Advisors LLC is an SEC-registered, New York-based investment management firm founded in 2017 by John Davi. It operates as an asset manager, active ETF sponsor and outsourced CIO (OCIO) provider targeting financial advisors, institutional investors and model portfolio platforms in the United States. The firm runs four proprietary, actively managed ETFs listed on Nasdaq and NYSE under tickers ROE (US Equal Weight Quality Kings), PPI (Real Assets), GQQQ (US Quality Growth Kings) and AGGA (Dynamic Core US Fixed Income), and at March 2026 held over $500 million in ETF assets with total assets under management and advisement of approximately $2.8 billion.

The firm's product architecture pairs these four ETFs with three broader strategy families: Quantitative Active Equity strategies (High Growth, High Quality, High Conviction Alpha, Dividend Growers, US Equity Core Plus, US Equity All Cap) driven by earnings-growth and valuation-discipline factor overlays; Dynamic ETF Managed Portfolios running tactical asset allocations from a 15/85 to 70/30 risk profile that shift with macro signals rather than a static 60/40 benchmark; and Thematic ETF Portfolios covering Real Assets, Hedged Growth, Multi-Asset Strategy and High Dividend Yield. The investment engine is a macro-driven research framework that layers business-cycle assessment (rates, inflation, earnings, sentiment) on top of the quantitative factor work, and is wrapped by an OCIO service that handles trading, rebalancing, tax management and reporting for advisor clients. The firm claims compliance with GIPS, advertises 25+ years average team investment experience and 5 CFAs, and is run by a founder-led team (Founder/CEO/CIO John Davi; COO and Head of ETFs Bruce Lavine; Head of Quantitative Research Pankaj Patel; plus directors in sales, investments and compliance).

Astoria generates revenue through three streams: ETF management fees on its sponsor-listed products (subscription/recurring economics), OCIO and managed-portfolio services for advisor clients, and sub-advisory/advisory mandates for institutional investors and model portfolio platforms. Distribution is hybrid: the ETFs are tradable on at least eight major retail brokerages (Robinhood, Fidelity, Interactive Brokers, Charles Schwab, Vanguard, E*TRADE, Webull, SoFi) for self-directed reach, while advisor and institutional channels are served via direct sales and model-platform partnerships. The firm complements its products with a research blog, an annual Macro Summit, and earned-media presence on CNBC, Bloomberg, WSJ, Barron's, ETF.com and ETF Battles. The company is privately held with no disclosed external funding rounds or parent ownership.

Name

Astoria Portfolio Advisors

Legal name

Astoria Portfolio Advisors LLC

Website

https://astoriaadvisors.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Astoria Portfolio Advisors is a New York-based, SEC-registered asset manager and active ETF sponsor founded in 2017 by John Davi. It offers four proprietary ETFs, multi-strategy portfolios, and OCIO services to financial advisors, institutional investors, and model portfolio platforms.

Ownership category

akta.pro rank

Product category

Investment Management & ETF Sponsor

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Open-End Investment Funds (52591)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

OCIO & Multi-Asset Outsourced Portfolio Management (FSAAAJAF)

akta.pro secondary industries

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Portfolio Construction & Asset Allocation Advisory (FSAEAAAC), Multi-Asset ETFs & Index Allocation Funds (FSAAAJAB)

Keywords

• Actively managed ETFs
• Investment management services
• Outsourced CIO services
• Macro-driven investing
• ETF model portfolios

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. ETF Management Fees: Astoria sponsors four actively managed ETFs (ROE, GQQQ, AGGA, PPI) and earns management fees based on assets under management in these funds.
2. OCIO Services: Outsourced Chief Investment Officer services for financial advisors, providing customized investment solutions and portfolio management.
3. Advisory Services: Sub-advisory services and investment management for institutional investors and model portfolio platforms.

Pricing tiers

Go-to-market motion2 records

Distribution channels10 records

Marketing channels7 records

Core offering

Astoria Portfolio Advisors is an SEC-registered investment adviser and active ETF sponsor that offers four proprietary ETFs (ROE, PPI, GQQQ, AGGA) covering equal-weight quality equities, real assets, quality growth equities, and dynamic core fixed income. The firm also delivers Outsourced Chief Investment Officer (OCIO) services handling trading, rebalancing, tax management, and reporting for financial advisors, alongside separately managed accounts (SMAs) and model portfolios built on a macro and quantitative research framework.

Product overview

Astoria Portfolio Advisors is an asset management company and active ETF sponsor offering a unified platform of investment solutions. The firm operates four proprietary ETFs—ROE (US Equal Weight Quality Kings), PPI (Real Assets), GQQQ (Quality Growth Kings), and AGGA (Dynamic Core Fixed Income)—alongside three strategy families: Quantitative Active Equity (factor-based equity strategies), Dynamic ETF Managed Portfolios (tactical allocation across risk profiles from 15/85 to 70/30), and Thematic ETF Portfolios (real assets and hedged growth). The platform is complemented by OCIO services for institutional advisors and financial advisors, all built on a macro-driven, quantitative research framework with 25+ years average investment team experience.

Differentiator

Problem solved

Functional benefit

Products and services

• ROE - Astoria US Equal Weight Quality Kings ETF Actively managed equity factor ETF for portfolio management, utilizing an equal-weight quality factor approach to target stocks with strong fundamentals and valuation discipline. Intended for financial advisors and institutional investors seeking differentiated U.S. equity exposure.
• PPI - Astoria Real Assets ETF Real assets ETF providing diversified exposure to gold, Bitcoin, infrastructure stocks, data centers, utilities, power plays, and industrials for inflation protection and wealth preservation in real terms. For financial advisors and institutional investors seeking inflation-sensitive allocations.
• GQQQ - Astoria US Quality Growth Kings ETF Quality growth-focused equity ETF targeting stocks with strong growth characteristics and quality fundamentals for long-term capital appreciation. Designed for financial advisors and institutional investors seeking U.S. growth-tilted equity exposure.
• AGGA - EA Astoria Dynamic Core US Fixed Income ETF Dynamic fixed income ETF offering flexible core bond exposure that adjusts positioning based on changing interest rate and macro environments. For advisors and institutions seeking actively managed core fixed income.
• Quantitative Active Equity Strategies Strategy family of concentrated equity strategies driven by quantitative factor research targeting earnings growth, valuation discipline, and factor overlay for alpha beyond passive benchmarks. Includes High Growth, High Quality, High Conviction Alpha, Dividend Growers, US Equity Core Plus, and US Equity All Cap portfolios. For financial advisors and institutional investors.
• Dynamic ETF Managed Portfolios Dynamic asset allocation across equity and fixed income using ETFs, with risk budgets that shift with the macro environment rather than anchored to static 60/40 benchmarks. Includes Dynamic 70/30, 60/40, 50/50, 30/70, and 15/85 portfolios. For financial advisors seeking tactically managed multi-asset solutions.
• Thematic ETF Portfolios High-conviction thematic ETF allocations targeting structural macro tailwinds including real assets, inflation protection, and hedged growth across global markets. Includes Hedged Growth, Real Assets, Multi-Asset Strategy, and High Dividend Yield portfolios. For financial advisors seeking differentiated thematic exposure.
• OCIO Services Outsourced Chief Investment Officer services for financial advisors, handling trading, rebalancing, tax management, and reporting. Allows advisors to focus entirely on clients while Astoria handles investment execution.
• Real Assets SMA Strategy Separately managed account strategy providing holistic real assets exposure including gold, Bitcoin, infrastructure stocks, data centers, utilities, and industrials for inflation protection. For financial advisors and institutional investors seeking inflation-sensitive SMA allocations.

Quantifiable outcome

• ETF assets surpassed $500 million milestone in March 2026
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• WisdomTree Investments: Active and thematic ETF sponsor with proprietary research-driven strategies and a deep RIA and institutional distribution footprint — a comparable mid-size competitor in the same advisor channel.
• ARK Invest: Thematic, research-driven active ETF sponsor; like Astoria, ARK translates a top-down macro/innovation view into concentrated ETF products aimed at advisors and retail.
• First Trust: Large independent ETF sponsor with a broad lineup of factor, thematic, and income ETFs — competes head-to-head with Astoria for advisor allocations and model-portfolio inclusion.
• Innovator ETFs: Independent ETF issuer known for defined-outcome and thematic ETFs; comparable as a smaller, research-driven sponsor competing for the same RIA shelf space.
• Cambria Investments: Independent, founder-led active ETF sponsor with a multi-strategy lineup of equity and thematic ETFs marketed to RIAs — directly comparable to Astoria in scale, distribution model, and advisor-channel focus.

Emerging players

• Alpha Architect: Quantitative, factor-based ETF sponsor with a small lineup of actively managed ETFs — overlaps with Astoria's quantitative factor equity strategies and RIA-targeting GTM.

Broad incumbents

• State Street Global Advisors (SPDR): Major incumbent ETF sponsor with broad factor and thematic coverage; comparable distribution power to advisors and institutions and a frequent model-portfolio building block.
• BlackRock (iShares): Largest ETF sponsor globally; competes with Astoria on essentially every shelf and model-portfolio slot and sets the pricing benchmark advisors benchmark against.
• Charles Schwab Asset Management: Large asset manager with proprietary ETFs, model portfolios, and OCIO-style services for RIAs — overlaps with Astoria across ETF sponsorship, model portfolios, and outsourced investment functions.
• Vanguard: Largest asset manager and a low-cost ETF/index incumbent; sets the passive baseline against which Astoria's active, macro-driven strategies must justify fees.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/AstoriaAdvisors
• YouTubeyoutube.com/@AstoriaAdvisors
• LinkedInlinkedin.com/company/astoria-portfolio-advisors
• Instagraminstagram.com/astoriaadvisors
• Facebookfacebook.com/AstoriaAdvisors

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Astoria Portfolio Advisors