FactRight, a leading provider of alternative investment due diligence and risk management solutions, has named FactRight executives Jacob Heidkamp and Russell Putnam as co-CEOs to guide the next phase of growth.
In conjunction, the company has announced the retirement of Gail Schneck, principal and chief executive officer, at the close of 2025. Gail, who joined FactRight in 2012, is a 20-year veteran of the alternative investment industry. Throughout her tenure, Gail played a pivotal role in strengthening due diligence standards, shaping wealth manager risk management frameworks, and guiding the firm through significant growth. Her product expertise, thoughtful leadership, and unwavering advocacy and integrity have left an enduring impact on FactRight’s team, and services, and the alternative investment community at large.
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Beyond her professional contributions, Gail has been a trusted mentor and colleague to many. FactRight congratulates Gail on this well-earned next chapter and thanks her for the remarkable legacy she leaves with FactRight and its clients.
“It’s been a pleasure to work alongside wealth managers, product sponsors, and service providers in the alternative investment industry over the last 20 years, and to contribute to the quality of investment offerings available in the retail channel,” said Gail. “I am confident that FactRight will continue to make a positive impact on our industry as I turn the reins over to two highly qualified leaders, Jacob Heidkamp and Russell Putnam.”
Jacob Heidkamp and Russell Putnam have each been with FactRight for more than 11 years and have served as principals and co-presidents since 2020. They will step into the co-CEO roles and continue leading FactRight’s talented team of investment analysts, business development professionals, and administrative staff alongside other principals: chief operating officer Brandon Raatikka (who has been with the firm for 18 years), chief financial officer Kemp Hanley (15 years), and chief business development officer John Paliotta (8 years).
FactRight, founded in 2006, is a third-party due diligence firm that provides research and analysis on alternative investments to RIAs, broker-dealers, and family offices. Its diligence services include product due diligence reports, sponsor reports, ongoing coverage of non-traded public programs, custom risk management, and advisor testing. FactRight covers alternative investment products, including non-traded REITs, interval funds, private real estate programs, DSTs, QOZs, Oil & Gas, and other private equity and private credit strategies.
FactRight will continue to innovate and enhance its due diligence reporting, conferences, and risk management and testing services, delivering the premier source of credible perspective and advice for wealth managers seeking access to alternative investments.