Chris Costello brings spring to Think Big with Blooom, talking fintech and how to build your team at Wise Words on April 21st
Sheila Bair, former chairwoman of the Federal Deposit Insurance Corp., was the guest of honor at a ribbon-cutting ceremony in January that celebrated the new office and ongoing growth for Leawood-based Blooom Inc., giving the company her seal of approval.
Blooom is a fintech startup that launched in 2013. It’s disrupting the 401k market by creating a platform designed to help regulars folks make better choices with their retirement investments.
The company already has about $170 million in assets under management, and they recently raised $4 million in capital from outside investors and won the $10,000 grand prize from the Ewing Marion Kauffman Foundation’s One in a Million startup competition.
Blooom co-founder and CEO, Chris Costello, is a lifelong Kansan, KU alum and KC’s local fintech hero. After graduating from the University of Kansas with a degree in Business in the mid-1990s he began a career in the Investment industry. This year, Wealth Management named Chris one of “The Ten to Watch in 2016.” And we agree. On April 21st, we welcome this disrupter and entrepreneur to the Wise Words stage to talk about his company, its growth, the impact and path to disruption, and the wins and challenges confronted along the way.
Chris worked for several large Wall Street brokerage firms before co-founding his first SEC Registered Investment Advisory firm in 2004. Today, that firm manages more than $500 million of individual client portfolios. In 2013, along with his 2 business partners, Chris started blooom – the nation’s first online platform for managing individual clients’ 401(k) accounts. Blooom’s mission is to bring financial services to the millions of un-served retirement savers in America.
Next month’s Wise Words is May 19th, and we’ll spotlight the revitalization efforts along the Troost corridor and east side with Butch Rigby, owner of Screenland, and developer of East Brookside at 63rd Street from Oak to Troost, and the master planner of the Digital Storytelling Center of Kansas City – a development that envisions a museum, maker-space, co-working office space for digital media startups and a digital media incubator program – at 31st and Troost.
In June, we go all civic tech, exploring the intersection of urban planning, municipal government, law, technology and policy with Tony Luppino, Rubey M. Hulen Professor of Law and Director of Entrepreneurship Programs at UMKC.