Seedwell

Employee financial stress is a huge drain on employers, and costs are rising

• Increased claims for mental health issues, sick days, and absenteeism

• Reduced productivity, employee loyalty and lower morale

• Higher turnover and flight risk

Existing solutions are missing the mark, and don’t resonate with employees

• Biased sales pitches disguised as financial literacy workshops

• Limited pensions and retirement accounts with low participation, amid rising inflation

• No roadmaps for workers trying to navigate multiple accounts and financial goals

The Cost of Employee Financial Stress

Employers need an easy, low-cost solution to employee financial stress

Employees deserve an unbiased benefit that works for them on all levels. Give your clients the only platform that offers both personal finance automation and financial literacy resources. We prepare them for any financial goal, and we start right from payroll.

The Seedwell Solution

Seedwell provides a cost effective avenue to alleviate financial pressures for employees aside from salary increases, year end bonuses, and retirement contributions. Our AI powered financial wellness benefits are personalized to every employee, and our systems grow with employees through their career.

The Seedwell App

Our flagship product, this is the app that acts as a private and secure bridge between an employee’s payroll/direct deposit and their personal bank accounts. After an employee finishes confirming their HR details and linking their financial institutions, we help them to input goals, and then we create a customized income plan for each paycheck.

The heart of Seedwell is this unique Automated Income Allocation (AIA) algorithm that ensures that every dollar is sent to the most efficient accounts to maximize wealth. So whether an employee has just $50 left at the end of the month, or a $50,000 bonus at the end of the year, we can automatically transfer the right funds to grow their net worth.

To top it off, employees still have the freedom to customize their allocations, and the flexibility to invest their money how they like once it hits their accounts. We also add additional features in the app such as budgeting, cash flow analysis, personal finance metrics/monitoring, and a centralized hub to see accounts across all institutions.

The Seedwell Financial Wellness Portal

With personal finance generally being an intimidating or complex topic for most employees, the Seedwell Financial Wellness Portal focuses on solving the implementation gap in financial planning. Employees are guided through actionable learning, with checklists and progress trackers to immediately make changes in their financial life.

The on-demand content is created by financial experts, and is designed to appeal to all types of learning styles and preferences. There is a customization engine where employees can choose their interests, complete a financial literacy quiz, and receive evolving playlist recommendations similar to Netflix, YouTube, etc. The playlists are organized around different topics/life stages and contain graphic-rich videos, quizzes, articles, and calculators. The platform also offers live webinars on a monthly basis, where employees can enjoy an interactive experience on any requested topic.

Coverage and Population Sizes

• Seedwell is available in all 50 states

• There is no minimum number of employees per company

• Volume discounts are available for firms above 1000, or 10,000 employees

Implementation and Onboarding

• It typically takes less than 3 hours total HR time from start to finish to integrate Seedwell

• Employees can sign up in minutes, with all support provided by Seedwell

• Each product also gives access to live financial advisors, for additional 1 on 1 coaching

Broker Support and Partnership

• Seedwell can handle all launch campaigns, implementation, and employee education

• Brokers simply need to recommend product and create introduction with plan sponsor

• Generous commissions, promotions, etc. that incentivize larger deals