Senior Internal Sales Associate, Vestwell

$70-75k

Senior level
Austin
New York

More information about location

Vestwell

Digital recordkeeping platform for 401(k) plans

Job no longer available

Vestwell

Digital recordkeeping platform for 401(k) plans

201-500 employees

FintechB2BPersonal financeSaaS

Job no longer available

$70-75k

Senior level
Austin
New York

More information about location

201-500 employees

FintechB2BPersonal financeSaaS

Company mission

To make managing retirement investments cheaper, simpler and safer.

Company mission

To make managing retirement investments cheaper, simpler and safer.

Top investors

Few candidates hear
back within 2 weeks

17% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

The current landscape of 401(k) retirement plans is stagnant in comparison to the standards of financial software innovation. Vestwell offers a digital record-keeping platform that works directly with wealth management firms to help workplaces save money on their employee retirement plans. Vestwell does this by removing the friction points financial advisors and companies have in establishing and maintaining defined contribution and benefit programs.

The startup faces competition from legacy players such as Boston-based Fidelity Investments who currently keep track of almost $2 trillion in assets in the industry. Furthermore, Empower also focuses on advisor-friendly and customized web tools and functionality, presenting further competition to Vestwell.

Despite this, Vestwell is uniquely positioned to disrupt the stagnant 401(k) system, a stance only strengthened by its substantial rounds of funding through the 2020s. This has been invested into expanding platform functionality and servicing for its partners and clients, releasing two new products in September 2022 - Vestwell Flex and a TPA portal. These additions will make Third Party Administration partnerships more efficient for Vestwell customers, streamlining the recordkeeping systems necessary for such actions. Continued product updates like these will help Vestwell keep pace with its substantial competition.

Benefits

  • We’re a growth stage startup with lots of exciting milestones ahead
  • We value health and wellness at Vestwell and in addition to a dedicated Employee Wellbeing Committee, we offer competitive health coverage and an open vacation policy
  • We have adopted a remote-hybrid office policy, but all employees are welcome at our bright, comfortable office with many workspace options in midtown Manhattan so everyone has a setting that is the most productive for them
  • We provide our team with all the equipment they need (plus a few perks!) to work effectively remotely. Oh, and naturally we have a great 401(k) plan!

Company values

  • Act like an owner - As a mission-driven company, we value our team members and prioritize employee ownership. We believe in creating an environment where each Vestweller feels empowered to support closing the retirement savings gap across the country
  • Look for the better way - At Vestwell, you’ll be continuously challenged to find better solutions to address industry norms. We are on the road to revolutionizing workplace savings programs and look to our team of innovators to lead the way
  • Embrace the difficult - Vestwell is on a mission to do great things, and the only way to get there is by taking on some incredibly complex challenges. We believe in embracing the difficult to ensure the largest positive impact for our industry, clients, and partner
  • Help me, help you, help us - We build relationships based on trust, equality, respect, and support. Our unique blend of diverse perspectives allows us to grow authentically while sharing a common connection to our goals, mission, and vision

Funding (last 2 of 5 rounds)

Dec 2023

$125m

SERIES D

Jul 2021

$70m

SERIES C

Total funding: $237.5m

This company has top investors

Founders

Studied Finance at GIES College of Business and then received an MBA from Duke. Head Equity Research at financial advisory firm Dillon Scott Securities, Product Manager at Fiserv, VP of Product Marketing at Citi.

People progressing

Joined as SVP Finance & HR in August 2017. Was made CFO in January 2020.

Jobs (11)

All locations

Software Engineering