EXCLUSIVE: Strive Asset Management, an Ohio-based financial services company that specializes in non-woke, anti-environmental, social, and governance investing, announced on Tuesday it had raised $30 million in Series B funding, as well as its plans to launch a new wealth management offering due to increased demand. The Series B financing round was led by Cantor Fitzgerald, L.P.
The success of Strive’s asset management business has been extraordinary, growing to over $1.6 billion in assets under management less than two years after the launch of our first ETF," Strive CEO Matt Cole told FOX Business. "Off the back of this momentum, Strive will be launching a direct wealth management offering focused exclusively on maximizing value for our clients.
We are strategically investing in fascinating companies — like Strive — that are working to shape our future," Cantor Fitzgerald, L.P. Chairman Howard Lutnick told FOX Business. "We look forward to partnering with Strive on their exciting growth opportunities and believe the wealth management industry is primed for an offering that focuses solely on maximizing value and returns for clients.
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