Jeffry Schneider Finds Success in Alternative Investing

Jeffry Schneider is the Founder of alternative investment firm Ascendant Capital, LLC. He founded the Austin, Texas-based company in 2012 in order to provide clients access to alternatives to investing outside of the traditional stocks and bonds categories. He provides his clients access to investments through hedge funds, private equity, and real estate. What he offers to clients is a group of investment assets that diversify risk and maximizes their returns.

Schneider graduated from the University of Massachusets, Amherst with a Bachelors of Science. In his professional career he has worked at Alex Brown, Merrill Lynch, and Smith Barney. In March 2002 he founded his first company, Axiom Management, and later that same year he founded Paradigm Global Advisors. He has also founded another financial services company in 2006 called Alternative Investments. At Ascendant Capital he provides his clients with a personally customized strategy as well as education on how his clients view their overall portfolios. Since founding Ascendant Capital he has grown the company into one that has almost $1 billion in assets under management and employees over 30 people.

Jeffry Schneider has volunteered for a number of nonprofits, including Wonders and Worries, the Gazelle Foundation, Cherokee Home for Children, and God Loves We Deliver. The Gazelle Foundation provides clean water solutions to impoverished people in Burundi, Africa while Wonders and Worries provides resources to children in the Austin area that have parents going through a serious illness. God Loves We Deliver provides food to those that are suffering from severe illnesses such as cancer and HIV/AIDS while Cherokee Home for Children provides children with community, educational, and church activities in order to provide a positive impact on them.

Schneider is also an athlete and has competed around the globe in marathons, half ironman competitions, and even full ironmans. His athletic competitions have taken him throughout the United States and into Asia, South America, and Europe. Full ironman competitions are a grueling affair that includes a 2.4-mile swim, a 112-mile bike race, and finishes with a 26.2-mile run.

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Martin Lustgarten Invests Despite Hard Times

Martin Lustgarten is an international businessman and investor based in Ponte Vedra Beach in South Florida. He has dual citizenship in Venezuela and Austria and resides in the United States. This enables him to make connections around the world, benefiting the investors and clients.

Since the Great Recession of 2008-2009, the economy of the United States and most of the rest of the world has recovered. However, in Venezuela the economy has gone downhill. Some place blame on the past administration and policies of the late Hugo Chavez. Some blame the current president Nicolas Maduro. Others point the finger at the United States and its allies in the Organization for American States. No doubt the huge drop in the price of oil since 2014 has increased the problem because oil is Venezuela’s biggest and most important export. It has buoyed that country’s economy for decades.

With the supply of U.S. dollars dramatically cut by the fall in the price of crude oil, Venezuela’s people have suffered from shortages of food, electricity and the most basic supplies. They have a hard time finding anything to buy with their own currency, the bolivar, so they seek out U.S. dollars.

By spreading his money between different countries, Lustgarten cuts his risk. Right now, everybody would consider the United States the better country to invest in. However, someday the people of Venezuela will stop the political chaos and economic collapse. Someday they will again become a developing country determined to return to stability and law and order. They will grow their economy. Nobody can predict the price of oil in the future, but many countries still depend on it, and will for years. That is true even as technology develops alternative energy sources.

Lustgarten is poised to play a major role in Venezuela. By helping to increase their supply of U.S. dollars, he is helping the people to survive the current crisis. And he could profit in the long term. As an intelligent and hardworking investment banker, Lustgarten stays on top of the trends. Diversification is the best way to protect his wealth. It spreads the risk out so a disaster in one country does not destroy his entire portfolio.