Ramaswamy is moving his investment advisory business from Columbus to Dallas

Ramaswamy, a Cincinnati native, co-founded Strive Asset Management in 2022 on the assumption that many of the country's largest asset management firms place more emphasis on progressive themes than performance when considering where to invest.

“When Strive launched in 2022, almost every major company was leaning into (environmental, social, governance investments),” Ramaswamy said in a statement announcing the move last week. “Just two short years later, the national environment has changed dramatically, in no small part because of Strive’s efforts.”

The statement did not say whether Ramaswamy also plans to personally move to Texas. A message seeking comment on Ramaswamy's personal plans was not immediately returned.