Jeffry Schneider is the Founder of the boutique Austin-based Ascendant Capital LLC. With a diverse range of marketing, education, sales and operational services and an innovative approach in financial structuring, Ascendant Capital raises funds for established and emerging alternative asset fund sponsors. Working with a network of Family Offices, broker-dealers, Private Banks, and Registered Investment Advisors, Ascendant distributes these public and private offerings across the globe.
Under Jeffry Schneider, Ascendant Capital has grown rapidly over the course of the last five years from just two to more than thirty employees. During this time, Jeffry Schneider and his team have raised nearly $1 billion on behalf of several managers. Ascendant Capital works with more than fifty broker dealers, 250 investment advisors, and countless family offices. This capital has been used to purchase real estate, auto dealerships, tech companies and more. While this growth is incredible, Jeffry and his team have no plans of stopping, and have their sights set for the future. This year, they are expecting to raise as much as $50 million on a monthly basis.
Jeffry Schneider believes that “given where the markets sit today, alternative investments are a great way to diversify holdings and reduce volatility. They have experienced great growth in recent years, and this growth will only accelerate in the years to come. If you look at the smartest pools of money, the allocation to alternative investment stands at levels much greater than those of most RIA’s. Client portfolios, in general, are under allocated to alternative investment.”
Ascendant Capital’s culture plays a large part in the company’s success. The environment encourages, if not relies upon, an open dialogue and sense of trust between team members. Such an idea of transparency, on which Jeffry Schneider prides himself, extends externally as well. The company has an alignment of interests, and makes its fiduciary responsibility towards the investors the top priority.
Before his work with Ascendant Capital, Jeffry Schneider worked at both Axiom Capital Management and Paradigm Global Advisors. Additionally, he spent time at Merrill Lynch, Alex Brown, and Smith Barney. He holds a degree from the University of Massachusetts, Amherst.
Jeffry Schneider enjoys eating healthy and staying fit, having participated in a number of marathon, iron man, and half ironmans. He also loves to explore the world, and has traveled extensively across Europe, South America, Asia, and more. A firm believer of helpings ones’ fellow man, Jeffry is involved in a number of charitable organizations such as God Loves We Deliver, Cherokee Home for Children, the Gazelle Foundation, and Wonders and Worries.