Financial services professional Jeffry Schneider is Ascendant Capital LLC’s founder. The Austin, Texas based boutique firm offers a diverse range of services. They include education, marketing, sales and operational services. The company is also known for its innovative approach to financial structuring. Ascendant raises funds for both emerging and established alternative asset fund sponsors. Working through a network of broker-dealers, family offices, broker-dealers, Registered Investment Advisors and private banks, Ascendant distributes private and public offerings all around the world.
Over the last five years Ascendant Capital has rapidly grown under the leadership of Jeffry Schneider. The company started with just two workers and now boasts over thirty employees. Over that period Schneider and the Ascendant Capital team have been able to raise almost $1 billion for several managers. Ascendant Capital works with over 250 investment advisors, fifty broker dealers and an endless number of family offices. This capital the company raised was used to acquire auto dealerships, tech companies, real estate and more. In spite of this incredible growth, Schneider and his team anticipate continued growth in the future. They expect to raise about $50 million a month this year.
A graduate of the University of Massachusetts, Amherst, Schneider worked with Paradigm Global Advisors, Axiom Capital Management, Smith Barney, Alex Brown and Merrill Lynch before founding Ascendant Capital. That has helped to give him great insight about the global markets and have enabled him to help his company to thrive. Schneider sees alternative investments as an excellent way to reduce volatility and diversify holdings based on the current market positions. He sees their recent dramatic growth as a harbinger of great things to come. He expects the growth to accelerate over the next few years.
Jeffry Schneider says that more smart money pools are involved in high level of alternative investment stands than most RIAs. He feels client portfolios as a whole are not allocated enough to alternative investments. Schneider has created a culture at Ascendant Capital that encourages a sense of trust and open dialogue among members of the team. This has played a major role in the success the company has enjoyed. Schneider also prides himself on the company’s internal and external transparency and its alignment of interests which makes the company’s top priority the fiduciary responsibility it owes to its investors.
A healthy eating and fitness enthusiast Jeffry Schneider has participated in numerous half ironman and iron man competition and several marathons. Exploring the world is another of his passions. Schneider has traveled throughout Europe, Asia, South America and many other places. He is also involved with several charitable organizations. They include God Loves We Deliver, the Gazelle Foundation, Wonders and Worries and Cherokee Home for Children.