Who We Are
Founder and CEO
Rory Riggs is the CEO and Founder of Syntax Indices. Rory’s idea for Syntax Stratified Indices came from his career in healthcare and the industry’s statistical use of population sampling and stratification across sub-populations to control for inadvertent biases in clinical trial results. To address the potential of similar biases in index results, he and his team identified a new risk category called related business risks; developed a new classification system with which to identify and group related business risk; and implemented a stratified weighting methodology to control for the inadvertent over-weighting of related business risks that regularly occur capitalization-weight and equal-weight methodologies. Using this stratified-weight methodology, Syntax operates a family of Syntax Stratified Indices that includes a Stratified Syntax LargeCap and MidCap Index that provide stratified-weight versions of the widely-followed S&P 500 and the S&P 400.
Prior to founding Syntax and its parent, Locus Analytics, Rory has been involved in the creation and development of many successful companies in healthcare and bio-technology. These companies include: Royalty Pharma, Fibrogen, Inc., Cibus, LLC, GeneNews Ltd., Sugen, Inc., and eReceivables Inc. He is currently the chairman and co-founder of Royalty Pharma, the largest investor in revenue-producing intellectual property, principally royalty interests in marketed and late-stage development biopharmaceutical products. In addition, Rory is Chairman and Co-founder of Cibus, the leader in non-transgenic (non-GMO) gene editing in agriculture. He also served as the president and director of Biomatrix Corporation (NYSE: BXM) where he launched Synvisc, an important product in the treatment of osteoarthritis. Rory received a BA from Middlebury College and an MBA from Columbia University.
Kathy Cuocolo, CPA is the President of Syntax LLC where she brings over 30 years of experience in the asset management and ETF space, having developed multiple businesses that delivered great P&L success. She is on the Board of Greenbacker Renewable Energy LLC and is their Audit Chair, and has been on the Boards of Select Sector SPDRs, The China Fund and Guardian Family of Funds. Prior to Syntax, Kathy was the Managing Director, Head of Global ETF Services at BNY Mellon, where she streamlined existing operations and managed new ETF product launches globally. Before BNY Mellon, she spent 22 years at State Street Corporation, rising to the rank of Executive Vice President, where she managed custody and accounting clients, while designing and launching new investment products for SSgA.
Her experience with ETF products began in 1991, when the American Stock Exchange launched the first ETF, the S&P 500 SPDR. Kathy began her career at PricewaterhouseCoopers as an audit and consulting manager. Kathy received her B.A. in Accounting Summa Cum Laude from Boston College and is a Certified Public Accountant in Massachusetts. She also holds a Masters Professional Director Certification from the American College of Corporate Directors, a public company director education and credentialing organization.
Charles "Jiggs" Davis
Senior Vice President
Jiggs is developing the institutional network for Syntax. He is a veteran entrepreneur, business builder and founder of over 20 companies. Currently General Partner of OVO Fund and WI Harper; senior management of the Foster Family Office and member of the advisory board to Foster Farms. Mr. Davis was formerly president of YPO, director of WPO, and director of the Stanford Alumni Organization. Mr. Davis holds a BS from Stanford University and holds a Series 7 and Series 66 Securities licenses.
Managing Director, Head of Institutional Sales
John brings over 20 years of experience developing and servicing institutional relationships in North America and abroad. His expertise with many of the world’s well known institutions and consultants serves Syntax clients and represent Syntax Indices.
Prior to joining Syntax, John held Senior Institutional leadership positions with asset management firms in the greater New York and Philadelphia area including Gardner Lewis and Cooke & Bieler. John began his investment management career with Penn Capital Management in 1995. He received a B.A. from the University of Virginia as well as completed course work at The University of California Berkeley. John serves as Chairman of the Investment Committee and Trustee for the Delaware Museum of Natural History, a previous Board Member for the Association of Investment Management Sales Executives (AIMSE) and remains active within the organization.
Senior Vice President
Glenn oversees the operational development at Syntax as we begin to build our family of Stratified Indices™ and Stratified Funds™ that track these indices. Glenn has worked in the Financial Services Industry for over 30 years primarily in Operations, Administration and Product/IT Development roles. Prior to Syntax, he worked for State Street Corporation, where he served as product manager for several products, including the first commercially successful ETFs, the SPDRs. He also held positions at Citi Group and BNY Mellon where he was Senior Vice President and Managing Director. Most recently, he worked with Eaton Vance.
Vice President (Funds)
Carly is Vice President at Syntax Advisors, where she is responsible for fund operations and the development of the company’s operational and compliance structures. She also oversees investor communications and manages Syntax’s network of service providers. Prior to working for Syntax, Carly worked for Locus Analytics, where she developed the underlying calculation methodologies for Syntax Indices, built Locus's HR operations, and directed the company's talent acquisition program. Carly received a B.A. with honors from Brown University and holds her Series 7 and Series 63 licenses.
Vice President (Indices)
Jonathan is the Senior Director of Syntax Indices. Since 2012, he has worked to develop Syntax Indices by applying functional information system attributes to effectively stratify populations of securities. He is also a core contributor to the Locus economic model that underpins the Syntax strategy. Jonathan received his BA in Mathematics and Economics from the University of Chicago. He has prior experience working in both biochemistry and private equity. Jonathan is a candidate for CFA Level III.
Brianna joined the Syntax Funds team in the fall of 2015. Currently, Brianna works on the operational development of Syntax, investor communications, and she manages the development and quality control of data for publicly available materials.
Brianna graduated with honors from the Pennsylvania State University where she received a BS in Finance and a BA in Spanish. She has prior work experience at Locus Analytics, and at BlackRock in their Alternative Investments division.