It is a great pleasure to introduce FON Magazine as a quarterly publication designed to inform and inspire family offices around the world.
Andrew Schneider founded The Family Office Networks in 2012 after realizing the benefits of a family office network from running his own family office, the Schneider Family Office. His family office greatly benefited from a small community of his peers with whom he shared transactions, service providers and funds.
Mr. Schneider is also a leading authority regarding hedge funds and related services. Most recently, he developed the group Global Hedge Fund Advisors. He is the CEO and president of this group, which is an international firm that is quickly making its mark in the hedge fund industry. Prior to Global Hedge Fund Advisors, he was a founding member of HedgeCo Networks, a hedge fund research and services firm that provided consulting services to both new and existing hedge funds. At HedgeCo, he was charged with the responsibility of overseeing more than 7,000 hedge funds, which included a community of more than 40,000 members.
Previous professional appointments include Morgan Stanley and Prudential Securities. At Morgan Stanley, he was a vice president who managed more than $100 million of high net worth individual assets as well as helped manage assets for institutions as well as high net worth clients. Later, he participated in numerous private placements, PIPE transactions and public offerings with a total value of $250 million. While at Prudential, he was the number one producer and broker and managed over $50 million in his first year.
Mr. Schneider has been quoted in numerous financial publications and has also appeared on financial networks such as CNBC. He attended The State University at Albany and he is an active member of the American Heart Association, committed to the cause of research and development of alternative remedies for cardiac disorders.