Aaron Schumm, founder and CEO of portfolio company Vestwell, has been chronicled in the latest edition of InvestmentNews' 40 under 40 feature. "I want to leave a positive impact on people on whatever scale I can," Mr. Schumm said. "Our sole intent is to help people save for the future and help people make better decisions in that process. And then they can take themselves to the next level."
Aaron Schumm already co-founded and sold one financial services company, FolioDynamix. Now he's getting his second company off the ground: Vestwell, a digital platform advisers can use to manage 401(k) and 403(b) plans. "I decided I was going into the financial industry in the eighth grade," Mr. Schumm said. "My dad was a carpenter, but dabbled in investing and spoke about the stock market. When I was a kid, I gravitated toward math and always found it interesting."