Business
Scalable Capital Founder Adam French tells Lloyd Wahed how he went from a student at LSE to the founder of a wealthtech leader that partners with the world’s largest asset manager.So what accounts for Adam’s tremendous career growth? After interning with Goldman Sachs, he quickly moved up into director roles within the bank’s trading division. But his relentless pursuit of self-betterment led him to leave the investment giant to make a go of it with his four partners. Together, they founded Scalable Capital, a wealthtech company that boasts a $460 million valuation and a close partnership with BlackRock.On the podcast, Adam and Lloyd discuss the reason Scalable is moving beyond robo-advising, the traits that make so many Goldman alums great founders and what it takes to raise funds for new ventures. Plus, Adam shares insights from his collaboration with BlackRock and explains why investing firms need to start targeting millennials.Follow Mana Search on TwitterFollow Mana Search on LinkedIn Episode Highlights:02:16: What Scalable Capital’s up to and how it’s broadening its proposition10:53: The importance of a solid founding theme15:33: Why Scalable was founded without a CTO23:53: Adam’s biggest opportunity at Goldman Sachs28:42: Why Goldman alumni make such great FinTech founders36:04: The long road to regulatory approval39:08: How Scalable fostered user trust so quickly45:43: Establishing the partnership with BlackRock53:54: The traits that differentiate Scalable from other wealthtechs58:54: Why millennials need better investment platforms as they age