How Vincent Parascandola Achieved Career Success

Vincent Parascandola is a finance executive. He has more than two decades of experience in the industry. Parascandola attended Pace University where he graduated with a Bachelor’s degree in Computer Science. Parascandola was invited as a keynote speaker at Pace University during the commencement address of 2014.

Vincent Parascandola has worked at many companies over the course of his career. He started out as a systems analyst at Irving Trust Company in 1986. He worked here for two years until he joined Prudential Insurance as a sales agent in 1988. Parascandola left the insurance company to join the MONY Group as a financial professional in 1990. He was promoted to a sales manager in 1993 after three years in this position. He excelled in this role and was appointed a managing director at the company in 1996.

Parascandola moved on to become the field vice president of the company in 1998 after working for only two years as a director. He held this role for seven years until 2005 when he left the company. He joined AXA Equitable as an executive vice president. He held the position for close to three years. He was appointed the president of the Advantage Group at the beginning of 2008.

Parascandola went on to serve in the position for one year before he was made the president of the Northern Division. He also held this position for one year before he was made the president of the Continental Division in 2009. He was responsible for managing the branch offices of the company in the Northern and Eastern parts of the country. Some of the tasks that he performed in this role included recruiting, sales, compliance, and management development. He was made the president and chief sales officer to oversee the region in 2013. His role entailed managing the productivity, sales, and recruiting of all the AXA Advisors branch offices in the country.

Parascandola was appointed the senior executive president of the AXA US in October of 2014. AXA Equitable is a financial protection company that offers annuity and insurance products. Parascandola has won many awards for his professional excellence including a career development and master agency Award from GAMA.

Making A Worthy Investment For Retirement

Through the years, people have done their level best to make sure they have an excellent retirement package. Investing for retirement is a thorny issue in America. Warren Buffet, a well-renowned businessman, and billionaire had a take on this matter. He went ahead and placed a bet of $1million because he can make a better investment returns through investing in S&P 500 Index fund.

Timothy Armour has come out to disapprove his claims that low-cost investments are the best. The odds are for Warren Buffet even though the bet has not yet been decided. He firmly stands for bottom – up investments and building up strong company’s portfolio which has proven useful over the years. Timothy, on the other hand, believes that the investment plan may not cushion the client from any losses when the market prices hit some lows.

He goes further to explain the use of fund managers. An excellent hedge fund manager makes sure that your investment does not end up in losses. This is done by keeping out the high-cost funds and getting fund managers who invest their money in conjunction with other investors, which creates a select group who has outpaced the market indexes.

Timothy Armour

Timothy Armour is the CEO of the Capital Group Companies. He received this appointment about two years ago. He has a lot of experience with this company as he has worked here since the year 1983. He has a lot of experience as an equity portfolio manager. Through the years he has been involved with investments as an equity investment analyst.

He went to school at Middlebury College where he attained a bachelor’s degree in economics. He is currently located in Los Angeles. He started out in the associate’s program and worked his way up.

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The Rapid Growth of Jeffrey Schneider’s Ascendant Capital

Ascendant Capital, LLC is an alternative investment firm which is based in Texas. The company acquires private equity, real estate and hedge funds which investors cannot easily access. After having identified the resources, Ascendant Capital comes up with innovative and value-added deals which are made available for investors. The offerings usually go with marketing, sales, operational and educational services which are then issued through international banks, family offices, private banks, U.S brokerage firms and registered investment advisors. Under the leadership of Jeffry Schneider, the company has grown from having just two employees to more than thirty in the last five years.

 

During this period, Jeffry and his crew have raised over $1 billion on behalf of some managers. Ascendant works with 250 investment advisors, more than 50 broker-dealers and quite a large number of family offices. The growth rate for the past five years has been incredible, and Mr. Schneider and his crew are looking forward to a better future. Their target for this year is to raise around $50 million on a monthly basis. The open dialogue and sense of trust of the team at Ascendant is one of the reasons they are a leader in the financial services sector.

 

Jeffrey Schneider is the founder and chief executive officer of Ascendant Capital. Mr. Schneider, a native of Manhattan, began his career his career in the financial services industry after he graduated from the University of Massachusetts at Amherst. Jeffry started by working for some popular financial services such as Merrill Lynch, Smith Barney, and Alex Brown & Sons. Working for other firms for many years exposed him, and he acquired valuable skills needed in the financial services sector.

 

The most important skill he gained was cultivating healthy relationships with his clients and the knowledge of alternative investment methods. Jeffrey began working for Paradigm Global Advisors (a fund of funds) in 2002, and this helped him to learn the skill of analyzing managers. He used all the skills he had gained to establish Ascendant Capital. Aside from Ascendant Capital, Jeffry supports charitable organizations such as the Gazelle Foundation, Cherokee Home for Children and Wonders and Worries. During his leisure time, he loves to stay fit, spend time with his family and travel. He is a resident of Austin, Texas.