The Work Index by Flexa

Beneficient

Beneficient is a technology-enabled financial services company that provides liquidity and other services for alternative asset investors.

https://www.trustben.com/
5.2

/10

Transparency ranking

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Description

Beneficient, often referred to as "Ben", is a financial services company focused on democratizing the alternative asset investment market. Their mission is to provide underserved investors, including mid-to-high net worth individuals and small-to-midsized institutions, with solutions to unlock the value in their alternative assets. Ben's proprietary technology, AltAccess, provides customers with a range of potential exit options within minutes and facilitates secure online transactions. This innovative approach aims to create greater access and liquidity for alternative investments, traditionally reserved for large institutional investors.

Beneficient's commitment to corporate responsibility is highlighted through their support of rural Kansas communities. They established the Beneficient Heartland Foundation to receive and redistribute funding generated by their operations. The foundation supports job creation, revitalization of downtowns, and infrastructure improvements in rural Kansas, demonstrating Ben's dedication to positive social impact.

Flexibility

Beneficient offers a hybrid work model, allowing employees to split their time between working in the office and working remotely. While the company is headquartered in Dallas, Texas, there are also opportunities to work in Hesston, Kansas. This blend of flexibility empowers employees to manage their work-life balance and choose an environment that best suits their individual needs and preferences.

Benefits

Beneficient offers a comprehensive benefits package to eligible employees, including group health insurance (medical, dental, and vision), employer-paid life and AD&D insurance, employer-paid short-term and long-term disability insurance, an Employee Assistance Program (EAP), a Continuing Education Program, a 401k plan with employer match (up to 6%), an enhanced holiday and paid time off (PTO) package, free valet parking at the downtown Dallas office, and access to Ben University, their career development platform.

Mission

Beneficient is on a mission to democratize the global alternative asset investment market by providing solutions for traditionally underserved investors, such as mid-to-high net worth individuals and small-to-midsized institutions. They offer liquidity solutions to help unlock the value in illiquid assets, providing these investors with access to early exit options, anchor commitments, and value-added services for their funds.

Automation
Data-driven
Disruptor
Social impact led
Soonicorn
Tech for good

Culture

Beneficient fosters a culture built on trust, teamwork, and trailblazing. They prioritize transparency and integrity in all interactions, valuing diverse perspectives and positive collaboration. The company encourages innovation and recognizes individual and group achievements, creating a rewarding and supportive environment for professional growth and development. Beneficient is committed to inclusivity and respect, ensuring a compassionate and collaborative atmosphere across all aspects of the business.

Agile and dynamic
Entrepreneurial
Progressive

DE&I

Beneficient publicly discloses its board diversity matrix, indicating a commitment to transparency around board composition. While the website doesn't specifically detail its approach to diversity, equity, and inclusion beyond board representation, it highlights its dedication to creating a diverse and inclusive workplace culture that values respect and promotes personal and professional development for its employees.

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