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Open, honest and candid discussions and dialogue on the most critical issues facing the RPA space.

RPA Conversations With Vestwell's Aaron SchummRPA Conversations With Vestwell's Aaron Schumm

The use of managed accounts especially as the default option.

Fred Barstein, The Retirement Adviser University,

November 22, 2022

 

Sixty-five percent of plans on Vestwell’s platform utilize managed accounts and 90% as the QDIA. Vestwell founder and CEO Aaron Schumm discusses how this is working and how they are safely sharing participant data.

 

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About the Author

Fred Barstein

The Retirement Adviser University,, Founder and CEO

Fred Barstein is founder and CEO of The Retirement Adviser University, a collaboration with UCLA Anderson School of Management Executive Education, The Plan Sponsor University and 401kTV. He had been contributing editor for InvestmentNews where he created RPAConvergence and the RPA Roundtables & Thinktanks for senior managers at DC record keepers, aggregators, broker dealers and CIOs. He helped create the National Association of Plan Advisors as a member of the founding Leadership Board, Chair of the Membership Committee and was founding Editor-in-Chief for NAPA-Net which he led until 2016. Barstein received his Bachelor of Arts Degree from Boston College and his Law Degree from Cardozo School of Law, Yeshiva University.