STOCK TITAN

Yieldstreet Expands Executive Team, Names Timothy Schott Chief Financial Officer

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Yieldstreet has appointed Timothy Schott as its new Chief Financial Officer, enhancing its leadership team to drive business growth. Schott, previously CFO of Associated Capital Group (NYSE: AC), brings extensive finance, capital markets, and M&A experience, which is expected to facilitate Yieldstreet’s customer growth and long-term success. His plans include building a robust financial infrastructure to support the company’s next growth phase, aiming to generate $3 billion in income outside traditional markets by 2025.

Positive
  • Timothy Schott appointed as CFO, bringing significant capital markets and M&A experience.
  • Yieldstreet aims to generate $3 billion in income outside traditional public markets by 2025.
  • Company has funded over $2.2 billion of investments since its founding.
Negative
  • None.

Experienced finance executive joins the alternative investments platform’s C-suite to fuel business growth

NEW YORK--(BUSINESS WIRE)-- Yieldstreet, a leading digital alternative investment platform, today announced the appointment of Timothy Schott as Chief Financial Officer.

Yieldstreet, a leading digital alternative investment platform, today announced the appointment of Timothy Schott as Chief Financial Officer. (Photo: Business Wire)

Yieldstreet, a leading digital alternative investment platform, today announced the appointment of Timothy Schott as Chief Financial Officer. (Photo: Business Wire)

As CFO, Schott will lead Yieldstreet’s finance team and serve as a member of the company’s leadership team. Prior to joining Yieldstreet, he served as the Chief Financial Officer of Associated Capital Group, Inc. (NYSE: AC), a NYSE-listed alternative investment advisor.

Schott’s expertise in a wide range of finance and business functions, as well as his significant capital markets and M&A experience, positions Yieldstreet for continued customer growth and long-term success. His background is deeply rooted in public accounting, having spent the first two decades of his career as a Partner at Deloitte. In addition, he has recent experience in building out the finance functions at multiple public companies.

“We’re excited to welcome Tim to Yieldstreet’s leadership team and I’m looking forward to his partnership as Chief Financial Officer,” said Milind Mehere, CEO. “He is an ideal executive to help Yieldstreet achieve its ambitious growth goals, and will help usher in a new chapter of innovation for both the company and our investors.”

“Yieldstreet is a dynamic company that gives investors an unprecedented level of - and ease of access to - investing opportunities within private markets,” said Schott. “My vision is to build the firm’s financial infrastructure so that it can support the company’s strategy as it enters the next chapter of its growth story.”

For more information on Yieldstreet’s investor community and offering performance, click here.

About Yieldstreet
Yieldstreet is reimagining how wealth is created by providing access to alternative investments previously reserved only for institutions and the ultra-wealthy. Yieldstreet’s mission is to help millions of people generate $3 billion of income outside the traditional public markets by 2025. Its award-winning technology platform provides access to investment products across a range of asset classes such as Real Estate, Venture Capital, and Legal Finance.

Since its founding in 2015, Yieldstreet has funded over $2.2 billion of investments and is committed to making financial products more inclusive by creating a modern investment portfolio. The company, headquartered in New York City with offices in Brazil, Greece, and Malta, is backed by leading venture capital firms.

Media Contact

Sydney Berman

yieldstreet@fullyvested.com

Source: Yieldstreet

FAQ

Who is the new CFO of Yieldstreet?

Timothy Schott has been appointed as the new Chief Financial Officer of Yieldstreet.

What is Timothy Schott's previous role before joining Yieldstreet?

Prior to Yieldstreet, Timothy Schott served as the Chief Financial Officer of Associated Capital Group (NYSE: AC).

What are Yieldstreet's financial goals by 2025?

Yieldstreet aims to generate $3 billion in income outside traditional public markets by 2025.

How much has Yieldstreet funded in investments since its founding?

Since its founding in 2015, Yieldstreet has funded over $2.2 billion in investments.

Associated Capital Group, Inc.

NYSE:AC

AC Rankings

AC Latest News

AC Stock Data

714.88M
2.23M
2.3%
66.91%
0.03%
Asset Management
Security Brokers, Dealers & Flotation Companies
Link
United States of America
GREENWICH