Modern Wealthtech for complex balance sheets, with Masttro CEO Padman Perumal

<p>Lex chats with Padman Perumal, CEO of Masttro. Masttro is a privately-held FinTech company that delivers a truly global wealth technology ecosystem to wealth owners and their trusted advisors. In this episode, they discuss the differences between wealth management, private banking, brokerage and banking, as well as the challenges of providing a consumer-grade digital experience for wealth management. Masttro serves ultra-high net worth clients to manage their complex investments by aggregating data from over 500 financial institutions and providing efficient tools to do so. The platform utilizes a range of technologies from document ingestion to character recognition and pattern learning to handle unstructured data.</p><p> </p><p>MENTIONED IN THE CONVERSATION</p><p> </p><p>Masttro's website: https://bit.ly/41b8PdE</p><p>Padman's LinkedIn profile: https://bit.ly/3KGPeLg</p><p> </p><p>Topics: Fintech, wealth management, advisory, investment management, family office, institutional capital, banking, Private Banking</p><p> </p><p>Companies: Masttro, JP Morgan, Credit Suisse, UBS, Hamilton Lane, KKR</p><p> </p><p>ABOUT THE FINTECH BLUEPRINT</p><p> </p><p>🔥Subscribe to the Fintech Blueprint newsletter to stay at the forefront of Fintech and DeFi: https://bit.ly/3hyhlC2</p><p> </p><p>🤝 Partner with Fintech Blueprint through sponsorships: https://bit.ly/3UZllsV</p><p> </p><p>👉 Twitter: https://twitter.com/LexSokolin</p><p> </p><p> </p><p>TIMESTAMPS</p><p> </p><p>1’36”: Padman’s foundational experiences at Credit Suisse & J.P. Morgan, and how he found roles that touch transformation for these organizations</p><p> </p><p>4’31”: The difference between wealth management, private banking, brokerage, and maybe banking generally, and what it’s like doing transformation at scale</p><p> </p><p>11’15”: The failures of initiatives within big institutions from the outside vs the inside, and some examples</p><p> </p><p>15’26”: Masttro - what it is, what it does, and where they are at the moment</p><p> </p><p>21’31”: The core entit