The volume of small businesses signing up to use Vestwell’s record-keeping and plan administration services has also leaped five fold, according to Schumm, who refuses to entertain offers for a firm he expects will become a "multi-billion-dollar business in short-form."
"The biggest thing holding us back is the number of hours in a day. When you layer in the breadth of what we do and what we want to do ... staying focused is critical," Schumm explains, via email.