Jeffry Schneider – A Man Filled with Accomplishments

The founder of the boutique Austin-based Ascendant Capital LLC is none other than Jeffry Schneider. He uses his skills which includes; education, operational services, innovative approach in financial structuring among others, to educate people on how to acquire funds and raise capital. In the same way, he teaches the people on innovative approach in financial approach. Likewise, Ascendant distributes the public offerings across the globe through working with a network of family offices, registered investments, and private banks, among others.

Through Jeffry Schneider, ascendant capital has developed swiftly within a period of five years from only two employees up to more than thirty personnel. During this period, Schneider and his team have managed to raise almost $1 billion in support of several managers. As a matter of fact, ascendant capital works countless family offices, 250 investors, and fifty brokers. Equally important, the capital has been used to buy auto dealerships, real estates, tech companies among others. Considering this incredible growth, Schneider and his team plan to push on more. Besides, they expect to hit a target of $50 million monthly.

Considering where the market sits today, Schneider believes that, in order to branch out holdings and reduce unpredictability, he needed to come up with a way to introduce alternative investments. As a matter of facts, if we consider the smartest pools of money, alternative investments stands at a much greater levels as compared to the majority of RIA’s. For instance, client portfolios falls under the alternative investment.

Furthermore, Ascendant capital’s culture enhances the company’s success. The atmosphere ensures an open dialogue and a sense of confidence between team members. Schneider takes pride in this transparency and therefore ensures that it extends externally as well.

Equally important, Jerry Schneider holds a degree from University of Massachusetts, Amherst. Before working with Ascendant Capital, he spent time with Merrill Lynch, Alex Brown and Smith Barney. He worked at both Axiom Capital Management and Paradigm Global Advisors. Additionally, he enjoys a healthy living such as healthy eating and keeping fit. As such, he participates in marathons, iron man, and also loves exploration and traveling. He has visited countries such as Europe, South America, Asia, and more. 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.

Philanthropist and Financial Executive, Stephen Rotella

Stephen Rotella is the Chief Executive Officer at StoneCastle Cash Management. Mr. Rotella received his Bachelor’s degree in Economics from the University of New York at Stony Brook. He went on to attend the State University of New York at Albany, where he received his MBA Degree in Finance and Information Systems. He started his career as a Senior Consultant at Accenture. He soon moved on to become the Vice President of Product Development at The Reserve Group. Shearson Lehman was the next step in his career path, where he served as a Vice President for 3 years.

 

A large part of his career was spent at JPMorgan Chase. He spent eighteen years there. He started as a Senior Vice President of Marketing, Finance, and product development. He soon went on to become an Executive Vice President of Servicing at Chase Manhattan Mortgage Company. Ultimately, he was the Chief Operating Officer for Chase Home Finance of JP Morgan Chase and as CEO of Chase Home Finance.

 

Stephen Rotella went on to become the Chief Operating Officer and President of Washington Mutual, or WaMu. He also served as the President of Retail Banking at Wamu. While there, he was responsible for the retail, commercial, and mortgage lines of business. He also was in charge of the technology group and day to day administration at Wamu. During his career, he also served as a member of the Consumer Mortgage Coalition. He has also been a Member of the Board of Directors of the Mortgage Bankers Inc.

 

At StoneCastle, Stephen recently was able to acquire Intermedium Financial, an insured deposit sweep business. The acquisition cements StoneCastle’s position as one of the leading insured deposit providers for institutional investors. It also helps them expand into the 401K, Financial Advisor, and other financial market sectors. The acquisition will bring new technology and distribution options into the StoneCastle portfolio and more options for them to provide to their clients.

 

In addition to his current role as CEO and President of StoneCastle, Stephen enjoys Philanthropic work. Stephen currently serves as the Chairman of the National Board for LIFT. LIFT is a nonprofit organization that strives to help families around the United States break the cycle of poverty. They help volunteers create relationships with low income families to build strong financial, social, and personal foundations. These foundations can help them secure immediate and critical needs and then help them to work toward long term goals and dreams.