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You state the problem space clearly -- many employees don't choose to take advantage of tax-deferred retirement plans. To whom do you have access for investmen
by OliverJones 11y ago
You state the problem space clearly -- many employees don't choose to take advantage of tax-deferred retirement plans.
To whom do you have access for investment? DFA has a great portfolio of so-called "unmanaged" index funds. They have a low burden, much of it not front-loaded. And they've been around a long time. There are other similar funds.
How do you avoid the Zenefits craziness as you grow?
- dmmalam 11y agore investments, we can include several fund families, including Vanguard and DFA. However most customers prefer our Octave portfolios which are built using best of breed funds from multiple providers, using a sophisticated optimization process. re craziness, our team already has tons of experience managing billions of dollars at scale. I wrote a large part of the portfolio management system that manages BlackRock's iShares, and my cofounder was responsible for trading $6B/day of flow for large pension funds.