More and more finance industry leaders are setting up shop in Texas. Cities like Houston, Dallas, and Austin seem to be luring professionals with hopes of founding their own companies. Jeffry Schneider is among those professionals. Currently, he’s leading Ascendant Capital, LLC.
The Austin-based boutique enterprise operates in a diverse range of fields. His company specializes in raising funds for established and alternative asset fund sponsors. Ascendant’s expertise deals in marketing, education, sales and operational services, and financial structuring. Within his decades of work history, Schneider amassed a huge network of family offices, broker-dealers, private banks, and experienced investment advisors.
With the help of his vast network of associates, Schneider has taken his company global. Ascendant distributes its services to public and private clients all over the world. Since its founding five years ago, Ascendant has become one of the fastest growing companies in Austin.
When Schneider founded the company, he only had two employees. Now, he has more than thirty highly trained professionals working at Ascendant.
With the help of over fifty broker-dealers, 250 investment advisors, and dozens of family offices, Schneider has put his company at the top of the industry. Any opportunity to increase returns, Ascendant will take advantage of the moment. The company has purchased real estate, auto dealerships, tech companies, and many other kinds of companies in the hope of seeing greater returns.
Despite having grown so much in such a short time, Schneider has no plans of slowing down. He continues to push his team to make more deals and grow even larger. He wants his company to outgrow and dominate as much as possible from now till it can’t grow any bigger. Ascendant is expected to raise nearly $50 million a month this year.
With the way the markets sit today, Schneider realized that alternative investments are the best way to diversify his clients’ portfolios without increasing risks. Because of his bold strategy to investment in alternative avenues, his company and its clients and have seen immense success. He expects those investments to continue to grow and accelerate based on its past performance.
The company culture that Schneider has created around Ascendant Capital is largely responsible for the company’s success. The company environment relies heavily on there being an open dialogue and sense of trust between all team members. The same level of transparency Schneider encourages among team members is the same level of transparency he’s created with the public.