ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Phil Bak Named CEO of Armada ETF Advisors
News
Share

Phil Bak Named CEO of Armada ETF Advisors

Elle CarusoAug 23, 2022
2022-08-23

Armada ETF Advisors today announced the appointment of Phil Bak as CEO.

In his new role, Bak, who served as advisory board chairman since November 2021, will build on the firm’s standing as a thought leader in REIT investing, including driving the strategic direction and operation of the Home Appreciation U.S. REIT ETF (HAUS ). Armada will also continue to develop technology and intellectual property to drive the launch of atNav, an ETF data and liquidity platform, the firm said in a statement.

“Our research shows that real estate is the one sector where active management tends to provide measurable results, and where the sub-sectors tend to have the lowest correlations,” Phil Bak said in a message to VettaFi. “We think that we can help advisors and allocators by providing something better for their REIT allocation.”

Bak brings more than 15 years of experience to the role. He has served as founder and CEO of Exponential ETFs, CIO of Signal Advisors, and managing director at the New York Stock Exchange, according to a statement from Armada. Bak is the author of two patents on innovative ETF structures and holds the Chartered Alternative Investment Analyst (CAIA) designation. 

Armada ETF Advisors is supported by an advisory board of REIT industry veterans, including Richard Adler, John Guinee, and Christopher Volk. The advisory board will provide valuable, timely market and REIT-specific insights to maximize the firm’s core specialty in residential REITs and support the firm’s portfolio management team, a statement from the firm said. David Auerbach, managing director of Armada ETF Advisors, has been in the REIT industry for over 23 years, with a focus on institutional sell side trading and corporate access. Auerbach is also the publisher of The Daily REITBeat Newsletter, a widely-followed publication that covers the major news and headlines across the REIT industry. Portfolio manager Al Otero has spent 30 years in the REIT industry as an analyst and portfolio manager, most recently with EII Capital Management, according to the firm.

“Phil has been an instrumental member of the Armada team since day one,” Justin Goldberg, current CEO of Armada ETF Advisors, said in a statement. “His extensive experience in capital markets and pioneering work in the ETF industry will serve the firm well as it enters the next stage of growth.

For more news, information, and strategy, visit VettaFi.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Jan 31

A Recap of the Night Effect in January

Jan 31

E-Commerce Spending Exceeds $1 Trillion in 2022

Jan 31

Vanguard: Fixed Income Seeing Strong Flows

Jan 31

Confluence Asset Allocation Quarterly Q1 2023

Jan 31

Embrace a “Dividend Decade” in a Quality Dividend ETF

Jan 31

ETF Prime: Disruptive Tech and International Stocks

Jan 31

Emerging Markets Ex China ETF Launched by Strive

Jan 31

QINT Catches Eyes With Quality International Equities

Jan 31

Investors Look to Equal-Weight and Quality Factors

Jan 31

Bonds Facing a Better Year: Capture With BNDI

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

SMH

VanEck Semiconductor ETF

XLK

Technology Select Sector SPDR...

VTI

Vanguard Total Stock Market...

SOXX

iShares Semiconductor ETF

BLOK

Amplify Transformational Data...

META

Roundhill Ball Metaverse ETF


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X