Ned Davis Research Company Profile

Background

Founded in 1980, Ned Davis Research (NDR) is a global provider of independent investment research, solutions, and tools. The company's mission is to help clients make objective investment decisions by providing comprehensive, data-driven analysis. NDR's vision emphasizes a balanced approach that combines both fundamental and technical research disciplines to offer a 360-degree perspective on the markets. Headquartered in Sarasota, Florida, with additional offices in New York and London, NDR serves a diverse clientele, including asset managers, hedge funds, private banks, wealth managers, strategists, economists, and advisors.

Key Strategic Focus

NDR's strategic focus lies in delivering objective investment models and indices through partnerships that offer turnkey financial solutions. These partnerships encompass model portfolios, custom strategies, co-branded materials, private-labeled commentary, and strategist access. Investment professionals can access NDR's strategies via various investment vehicles, including mutual funds, ETFs, UITs, managed accounts, and direct signal model manager agreements. Notable offerings include the Day Hagan/NDR Smart Sector with Catastrophic Stop Strategy and the VanEck Vectors Long/Flat Trend Strategy.

Financials and Funding

As of 2024, NDR's estimated annual revenue stands at approximately $22.5 million, with a revenue per employee of around $227,000. The company employs approximately 99 individuals. In 2011, NDR was acquired by the European financial publishing company Euromoney for an estimated $130 million.

Technological Platform and Innovation

NDR distinguishes itself through a proprietary 360-degree research methodology that integrates both fundamental and technical analysis. This approach enables the company to provide a comprehensive investment picture, helping clients identify market signals and avoid potential pitfalls. NDR's research products include economic, valuation, sentiment, and monetary services, offering charts and studies covering domestic and international markets, the economy, industry groups, and mutual funds. The company maintains a dedicated staff that verifies data from over 150 third-party data vendors, ensuring one of the largest and cleanest databases in the industry.

Leadership Team

Paul Jakubowicz: Chief Executive Officer

Edward Hackett: Managing Director & Chief Financial Officer

Joseph Kalish: Chief Global Macro Strategist

Brian Sanborn: Managing Director & Global Head of Investment Solutions

Andrew Douglas: Managing Director & Global Head of Sales & Marketing

These leaders bring extensive experience in investment research, financial management, and strategic development, contributing to NDR's reputation for delivering objective and insightful market analysis.

Competitor Profile

Market Insights and Dynamics

The investment research industry is characterized by a demand for comprehensive, data-driven analysis to inform investment decisions. Firms in this sector provide insights into market trends, economic indicators, and asset valuations, catering to a diverse clientele that includes asset managers, hedge funds, and financial advisors.

Competitor Analysis

NDR operates in a competitive landscape alongside firms such as Morningstar, Wolfe Research, and Fathom (Financial Services).

Morningstar: A Chicago-based firm offering investment research and management services, known for its comprehensive data and analysis tools.

Wolfe Research: A New York-based independent research firm providing in-depth analysis across various sectors and asset classes.

Fathom (Financial Services): A London-based consultancy specializing in macroeconomic research and financial market analysis.

These competitors offer a range of services that overlap with NDR's offerings, contributing to a dynamic and competitive market environment.

Strategic Collaborations and Partnerships

In August 2020, NDR entered into a strategic relationship with Interactive Brokers, making its investment research available to Interactive Brokers' clients. This collaboration enables investors to access NDR's proprietary research directly through the Interactive Brokers portal, enhancing the reach and impact of NDR's insights.

Operational Insights

NDR's commitment to objective, data-driven analysis and its proprietary 360-degree research methodology provide a distinct competitive advantage. By integrating fundamental and technical research disciplines, NDR offers clients a comprehensive investment picture, enabling informed decision-making and risk management.

Strategic Opportunities and Future Directions

NDR's strategic roadmap includes expanding its investment solutions through partnerships, enhancing its technological platforms, and broadening its global reach. By leveraging its strengths in data analysis and research methodology, NDR is well-positioned to capitalize on emerging market opportunities and continue providing valuable insights to its clients.