Joseph Allegro joined Sitar Company in 2011 as Vice President, concentrating in the investments and retail sectors. His strong background with numbers and derivatives enable him to analyze commercial investment opportunities more proficiently than most agents.
Joe’s prior experience as an equity and derivatives trader at Goldman Sachs lead him to head a new department within Sitar focusing on a wide range of insurance products including Property and Casualty, Health, Life and Title insurance.
While at Goldman Sachs, Mr. Allegro rose through the ranks to become a Vice President in their Equity department and has also held a seat on the NYSE. Joe was part of an initial team of five that pioneered listing ETFs on the NYSE, and was in the top 10% for revenue production in their division from 2007-2009. He also became proficient in analyzing income statements of various industries, creating valuation and risk models, spotting trends in market segments, analyzing economic data, and made profitable short-term investment decisions for the firm. Joe’s current clients benefit greatly from this knowledge and experience.
Joe was part of a group that set up a private placement for outside investors to invest alongside our group, making it easier for qualified individuals to buy commercial assets.
Joe is a licensed New Jersey Real Estate Salesperson, as well as a licensed insurance agent in several lines for business. He is also a commercial real estate investor in New Jersey with a current portfolio consisting of 93 apartment units. Mr. Allegro holds a Bachelor of Science degree in Finance from Coastal Carolina University, where he now sits on the advisory board for the Finance Department.
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