Astrop Advisory Corporation was co-founded in 1982 by William B. Astrop (1929 - 2013). Bill previously co-founded Atlanta Capital Management, serving as its Chairman until forming Astrop Advisory.
Bill was a graduate of the University of Richmond and received his MBA in finance from the Harvard Business School, where he was a recipient of the J. Spencer Love Fellowship for Academic Achievement. He was a Chartered Financial Analyst and member of the Association for Investment Management and Research and the Atlanta Financial Analysts Association.
Bill was an early investor in exchanges, owning several seats on various exchanges and serving as a member of the New York Stock Exchange from 1981 - 2003; the American Stock Exchange from 1998-2000; and the New York Mercantile Exchange. He was also a Lt. Commander in the active U.S. Navy Reserve, a member of the Dean’s Advisory Board at Emory University’s Goizueta Business School and a Board Chairman of the High Museum of Art in Atlanta.
From 1982 – 1989, Astrop Advisory focused on managing institutional equity portfolios for corporate pension plans and non-profits, as well as investment accounts for high-net-worth individuals.
The firm created two early index funds, OTC-100 Fund and Georgia Growth Fund. Both funds tracked niche markets, with OTC-100 covering the largest 100 stocks on the NASDAQ and Georgia Growth covering some of the largest companies in Georgia, using a unique, in-house index.
From 1984 – 1989, Astrop Advisory was ranked #10 in the nation for equity performance, and its assets under management reached $500 million.
Today, the firm is run by Bowen and Doug Astrop and specializes in managing concentrated equity portfolios and designing diversified asset allocation strategies for individuals and families.
Bowen oversees the daily operations of Astrop Advisory Corporation. He graduated with a B.A. from the University of Southern California and joined Astrop Advisory in 1997, during his final year in the MBA program at Emory University’s Goizueta Business School.
Prior to joining Astrop Advisory, he worked in the film and television industries on productions such as Driving Miss Daisy, The Perfect Tribute and A Class Act.
Bowen focuses on the firm’s ongoing compliance requirements, various client requests and daily administrative duties, including billing and trading.
Doug oversees Astrop Advisory Corporation’s investment strategies and has managed the Astrop Core 25 strategy, the firm’s flagship equity portfolio, since inception. He graduated with a B.S. in Business Administration from Georgetown University and received his MBA from the University of Southern California’s Marshall School of Business.
He joined Astrop Advisory in 2005, after nearly two years as a Financial Advisor with Merrill Lynch and seven years as an executive in the entertainment industry for companies such as EMI-Capitol Music and Twentieth Century Fox. He is a CERTIFIED FINANCIAL PLANNER™ practitioner, a Certified Investment Management Analyst and an accomplished composer/pianist who has released several independent recordings of his original music.