Aaron Schumm (@AaronSchumm) header
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Trying to fix a problem. @Vestwell (Founder, CEO)

New York, NY
Joined May 2011
Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)Photo by Aaron Schumm (@AaronSchumm)
I always appreciate the team and hospitality @NYSE…joining them for the IPO Summit.
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Aaron Schumm retweeted
Happy 5500 Day to those who celebrate!
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#VEST26 is well underway. I love getting our partners and clients in a room for the candid discussions, idea sharing, and focus on the path ahead together. @EvyPoumpouras kicked us off with a fantastic presentation on owning our decisions and methods for engaging. #VEST @Vestwell
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88% of the lowest-paid private sector workers have no way to save through work. For the highest-paid, it's 14%. Overall, 76 million U.S. workers don't have access to a workplace savings plan. That means that the people with the least room in their budgets have the fewest tools to save. At @Vestwell, we're working to close that gap. Saving should be: 1) Simple to start 2) Affordable to keep 3) Available where people already work plansponsor.com/76m-us-worke…
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Guess why...
If you're an RIA using Fidelity as your custodian, what are you going to do?
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I love this moment. So special. We need to celebrate these.
Thank you, Justin Verlander 🧡 JV leaves the mound for the Tigers - one final time.
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I’m excited to welcome Jason Warnick and Josh Warren to @Vestwell’s Board of Directors. Jason previously served as CFO of Robinhood, helping lead the company through its initial public offering after nearly two decades at Amazon. Josh is the CFO of FactSet and previously held leadership roles at Envestnet, BlackRock, Barclays Capital, and the U.S. Department of the Treasury. Jason and Josh bring deep experience across technology, financial services, and public markets. More importantly, they understand what it takes to scale complex businesses with discipline and build companies that last. As Vestwell enters its next chapter, their perspectives will be invaluable. Welcome to Vestwell, Jason and Josh. I’m looking forward to building what’s next together. vestwell.com/news/Vestwell-N… #VestwellForTheFuture #OneVestwell
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Congratulations to Dean Brooke Elliott & the entire team at @giesbusiness @UofIllinois on the @usnews rankings - from a proud alum.
The news is out! 📰 @usnews ranks Gies Business as the #6 public business school in the nation! Read on to see where our specialties ranked: ow.ly/KiwU50ZQ93y
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Aaron Schumm retweeted
Congratulations to iMBA alumnus Chidozie Ibeabuchi ('19), who has been named to @CrainsNewYork 40 Under 40 list! Ibeabuchi leads programs supporting more than 5,000 active and former professional soccer players as the VP of player engagement at @MLS: ow.ly/umws50ZNTs8
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We all know exactly where we were 25 yrs ago on this date and remember the moment like it was yesterday. The grief hasn't faded. We remember the loss. And we must carry the resolve. Never forget. 🇺🇸 #NeverForget #911Remembrance
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When starting @Vestwell, people told us the existing retirement infrastructure was too entrenched to change. Too many incumbents, too much regulation, too hard to move. Well, ten years later, here we are: 750,000+ businesses, 2.55 million+ savers, and over $56 billion saved across all 50 states. Those who warned us weren't wrong about the challenge. But we believe savings could be built into the way people already work and operate day to day, instead of being one more thing they have to remember to do. Building for financial resiliency is hard, but engaging shouldn't be. I believe we can create a better way to save for the future, so tomorrow's saver is better than today's. That belief still drives us. This week, I shared a letter reflecting on the last decade at Vestwell, everything we've learned, and where we're headed next. Check it out here: vestwell.com/blog/Ten-Years-… Here's to the next ten years of closing the savings gap. #Vestwell10 #VestwellForTheFuture
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Aaron Schumm retweeted
New Carta x @Vestwell data found an interesting link between employee equity and retirement plans: employees with a 401(k) exercise options at 26.1%, vs. 22.8% for those without one. At a 500-person company, that gap = ~15 more employees exercising their options. Equity gets you upside. A 401(k) gets you the confidence to actually take it. Full report: z.carta.com/4yvzlim
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I recently had the opportunity to sit down with @PabloSrugo for an episode of the pmf.show @Vestwell turns 10 this year, so we spent the conversation walking through some of the moments that got us here: the investor two years in who asked if we'd ever make money, VCs passing on us in 2021 because 401(k)s were too "boring", how losing a J.P. Morgan bid as a 40-person startup still ended up becoming one of our biggest partnerships down the line, and more. We also talked about how Vestwell’s platform came together and the methodical cap table that let us raise a Series A on a couple hundred thousand in revenue. Thanks so much for having me, Pablo. Give it a listen: pmf.show/episodes/vcs-chased… #ProductMarketFit #PMF #WorkplaceSavings #Startup #Fintech
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We didn't make it until 3:30am last night, unfortunately. But it was so special to have a chance to speak with @BillieJeanKing at the @usopen matches. She is awesome! The transformation she championed has taken the game to new heights. We need more people like BJK in this world! #usopen
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Aaron Schumm retweeted
Each class of students comes in with different expectations around what they'll be learning. Dean Elliott highlights how experiential learning at Gies Business allows students to become native in the skills for their careers! Full video on YouTube ▶️ ow.ly/yR8m50ZBUjk
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Aaron Schumm retweeted
In a recent roundtable of business school deans, Dean Brooke Elliott discussed how Gies is using cross-campus partnerships to level up business education. Watch the full video on YouTube ▶️ ow.ly/1hHS50ZxEwm
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