Jeffry Schneider is the founder of the Ascendant Capital, LLC, which is an Austin-based boutique. With a vast experience in education, marketing, sales and operational services in addition to an innovative approach to financial structuring, the Ascendant Capital can raise funds for emerging and established alternative asset fund sponsors. Operating with broker-dealers, a network of Family Offices, Registered Investment Advisors, and Private Banks, the Ascendant distributes the private and public offering all over the world.
Under the stewardship of Schneider, Ascendant Capital has been able to see a rapid growth in just a course of five years. The business started with only two employees but now has thirty employees. Over time, Schneider and his team have been able to raise almost $1 billion in place of several managers. The firm works with 250 investment advisors, 50 broker dealers, and several family offices. The capital raised has been channeled to purchase auto dealerships, real estate, tech companies, among others. Despite this incredible growth, Schneider and his team show no intentions of slowing down, and they have their sight focused on the future. They are currently targeting to raise an excess of $50 million every month.
According to Schneider, “alternative investments is an ideal way through which holdings can be diversified, and volatility reduced especially given the current position of markets. The markets have experienced enormous growth over the recent years, and such growth will be on an accelerating trend in the coming years. By looking at the smartest money pools, allocation to alternative investment is at a level much greater than most of the rias. Generally, client portfolios are not sufficiently allocated to alternative investment.”
The culture of Ascendant Capital does play a large part in its success. The environment does encourage open dialogues and trust among team members. Such ideas of transparency, which Schneider prides himself, have also extended externally. The firm has an impressive alignment and makes it its fiduciary responsibly towards stakeholders the top priority.
Before working with the Ascendant Capital, LLC, Jeffry used to work at both Paradigm Global Advisors and Axiom Capital Management. In addition, he spent time at Smith Barney, Merrill Lynch, and Alex Brown. He is an alumnus of the University of Massachusetts, Amherst.
He is also passionate about exploring the world, a thing that has seen him travel extensively across Asia, South America, Europe and more. Jeffry Schneider believes firmly in helping the less fortunate, and this has seen him get involved in several charitable organizations such as Cherokee Children Home, Wonders and Worries, God Loves We Deliver, and Gazelle Foundation.