A two-year-old, Midwestern ETF shop recently hit a new milestone.

Earlier this month, the Strive Asset Management team revealed that their AUM has surpassed $1.5 billion. (That's as of June 12.)

Anson Frericks and Vivek Ramaswamy co-founded Strive in May 2022 in Dublin, Ohio (near Columbus), and the firm is now led by CEO Matt Cole. In August 2022, the Strive folks launch their first ETF. Strive serves as sponsor and subadvisor to its ETFs, while Empowered Funds, LLC (dba EA Advisers, AKA ETF Architect) serves as investment advisor.

The Strive team now powers a dozen ETFs. The activist investing firm advocates for shareholder capitalism over stakeholder capitalism and speaks out agains ESG investing. 

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