Financial wellness benefits provider, Addition Wealth, announced on February 9th, the launch of a digital platform to make personalized finance expertise accessible for employees. Addition Wealth is known for empowering employees by providing the technology and tools they need to make smart financial decisions.
A PwC survey called the 2021 Employee Financial Awareness Survey reported that 87% of employees seek help with their finances. Addition enables employees on their journey to understand personal finance, equity compensation, selling and buying shares, saving for retirement, and buying a home.
"I founded Addition because everyone should have access to the tools and resources to make smart, informed personal financial decisions. There's a gap in the market when it comes to navigating finances, and existing options are either too generic or too expensive. We partner with forward-thinking companies who want to provide inclusive access for their employees to navigate personal financial decisions and make the most out of their money."
- Ana Mahony, CEO & Founder of Addition,
"There is such a compelling need to improve employees' understanding how equity compensation impacts their overall financial wellbeing. Addition has the right mix of technology solutions and financial advisors to help millions of people. Addition's solution helps employees understand and optimize their financial situation, which creates a happier and more productive workforce."
- Hans Morris, Managing Partner at Nyca Partners
"It's important to us that our employees understand the way equity compensation impacts their personal financial journeys. By working with Addition, they can see the long-term value of their equity, how to maximize it, and how it fits into their financial goals."
- Andrea Ellis, CFO, Lime