Vestwell Advisors Llc
- Regulatory AUM
- $1.0B
- Discretionary
- $0
- Clients
- 83,310
- Avg AUM / client
- $12.3K
- Accounts
- 83,310
- Employees
- 30
AUM over time
Annual snapshots from Form ADV filings · as of Jul 15, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 81,310 | $344M | 33.6% |
| Pension and profit sharing plans | 2,000 | $682M | 66.4% |
| Other investment advisers | Fewer than 5 clients | — | — |
People (17)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Schumm, Aaron, Douglas | Ceo | Feb 2016 (11y) | ≈ 18.75% – 50% via Vestwell Holdings Inc. | |
| Ferrara, Jonathan | Svp Operations | Aug 2017 (9y) | Less than 5% | |
| Brecher, Allison, Leigh | Chief Legal Officer | Oct 2017 (9y) | Less than 5% | |
| Sheen, David, Paul | Cfo | Dec 2019 (7y) | Less than 5% | |
| Anderson, Ryan, Patrick | Svp Product | Jan 2020 (7y) | Less than 5% | |
| Kim, Patty | Svp, Head Of People | Nov 2020 (6y) | Less than 5% | |
| Tatum, Richard | President, Retirement Services | Dec 2020 (6y) | Less than 5% | |
| Mark, Jonathan | Svp, Business Operations | Jan 2021 (6y) | Less than 5% | |
| Molchon, Robert | Cto | Oct 2021 (5y) | Less than 5% | |
| Dumbrill, Danya, D | Chief Strategy Officer | Sep 2023 (3y) | Less than 5% | |
| Eli James Landow | Registered representative | Jan 2025 (2y) | ||
| Mazyar Mark Naftchi | Registered representative | Jan 2025 (2y) | ||
| Christopher Gordon Eisser | Registered representative | Jan 2025 (2y) | ||
| Adam Ross Bush | Registered representative | Jan 2025 (2y) | ||
| Stephen Patrick Miley | Registered representative | Jan 2025 (2y) | ||
| Kian Rafia | Registered representative | Feb 2025 (1y) | ||
| Russell William Newton | Registered representative | Feb 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Vestwell Holdings Inc. | Member | Apr 2016 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Schumm, Aaron, Douglas: 25% – 50% of Vestwell Holdings Inc. × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/15/2026 | 951 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Other services
Custody
Reported custodians
- Broadridge Business Process Outsourcing, Llc $179M (17% of AUM) Jul 2026
- Folio Investments, Inc. $23.2M (13% of AUM) May 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 15, 2026.
View current Form ADV (SEC/IAPD) ↗