In short, no - the system does not automatically send you any notifications. 

To receive a notification when someone joins your product or makes another engagement milestone in your account, you can use our Actions Feature to create the notification actions of your choice. 

For more on how you can create these notification actions, please see: Using Actions to Apply Tags, Send Yourself Notifications or Give Product Access

Questions? Reach out to us at hello@membervault.co, via the chat support within your Admin account or within our FB Group, The MV Collaborative.