Strive Asset Management Exceeds $750 Million in AUM, 10 Months After Launch

By: Strive Asset Management via Business Wire

June 09, 2023 at 12:15 PM EDT

Strive’s mission to lead companies to focus on excellence continues to resonate with investors, as Strive celebrates $750 million in AUM

Strive Asset Management (“Strive”) announces that it has surpassed $750 million in total assets under management (AUM), less than ten months after the launch of its first fund.

While many asset managers are redefining the purpose of American for-profit corporations by advocating for a shift in priorities from shareholders to other stakeholders — anyone potentially impacted by a corporation's actions — Strive takes a different stance.

Strive is firmly committed to shareholder primacy and believes that the purpose of a for-profit company is to maximize long-term value for investors, which is shown through every decision the firm makes on its clients’ behalf.

"If your asset manager is not 100% devoted to shareholder primacy as a firm, they are not a good fiduciary,” notes Matt Cole, Strive’s CEO and CIO. “Strive is unwavering in its dedication to advancing our clients' best financial interests by guiding companies to focus on excellence. It is this commitment that positions Strive ahead of industry norms. And we’re just getting started.”

Strive currently has eight ETFs that are available on leading brokerages and 401k provider platforms across America, and the firm has exciting plans to launch additional products in the near future.

Investors can learn more at www.strive.com.

For media / PR inquiries, please contact Elizabeth Aucamp at elizabeth@javelindc.com.

About Strive Asset Management

Strive is an Ohio-based asset management firm whose mission is to maximize shareholder value by leading companies to focus on excellence. Strive competes directly with the world’s largest asset managers by offering funds that advance excellence in boardrooms across corporate America. The company was co-founded by Vivek Ramaswamy and Anson Frericks in 2022. Learn more at www.strive.com.