Jeffry Schneider is founder and CEO of Ascendant Capital LLC, an Austin, Texas based financial services company. The company provides a wide range of services for its clients. They include education, sales, marketing and operational services. Ascendant Capital has a unique approach to financial structuring that it uses to raise funds for alternative asset fund sponsors whether they are established companies or new companies that are just beginning to emerge. Jeffry Schneider and Ascendant Capital has worked with a growing network of private banks, broker-dealers, family offices and registered investment advisors to distribute both public and private offerings worldwide.
Ascendant Capital has been growing very rapidly under the leadership of Jeffry Schneider over the last five years. In that time its grown from having just two employees to now having a staff of more than 30 people. Plus over that same period of time Schneider and the staff at Ascendant Capital have been able to raise almost $1 billion for the managers they represent. Currently Ascendant Capital deals with over 250 investment advisors, 50 broker dealers and an untold number of family offices. The money the Ascendant Capital team has raised was used to buy tech companies, auto dealerships, real estate and many other assets.
And the future looks very bright for Jeffry Schneider and Ascendant Capital. The company anticipates this incredible growth will continue into the foreseeable future. The expectation is that the company will raise about $50 a month in this coming year. Schneider says that with the position of the markets today, alternative investments offer an excellent way for people and organizations to diversify their holdings and help to reduce volatility. He looks at the great growth they have experienced over the past few years and expect this growth to accelerate over the next few years.
Schneider sees the smart money being allocated to alternative investment at much greater levels than through most RIAs. He feels client portfolios are under allocated when it comes to alternative investment. The company culture Jeffry Schneider has developed at Ascendant Capital plays a major role in the company’s success. It encourages a sense of trust and open dialogue among team members and internal and external transparency. However, because of Ascendant Capital’s alignment of interests, its top priority is the fiduciary responsibility to its investors.
A graduate of the University of Massachusetts, Amherst, Jeffry Schneider spent the early years of his financial services career working with Axiom Capital Management, Merrill Lynch, Paradigm Global Advisors, Smith Barney and Alex Brown. His personal interests include eating healthy, staying fit and exploring the world. He’s also committed to supporting charitable organizations including Cherokee Home for Children, God Loves We Deliver, Wonder and Worries and the Gazelle Foundation.