Joan Binstock
Value Creation Team Member
Joan Binstock, CPA, was named as an Advisor to Lovell Minnick in 2018. As an independent consultant, Joan works closely with Lovell Minnick’s investment professionals assisting in deal sourcing, evaluation and due diligence, advising on financial, strategic and operational risk management practices.
Joan has a distinguished record of leadership in the financial services industry, most recently as the Chief Financial Officer of Lord Abbett & Co, where she established and chaired the firm’s audit committee. Joan joined Lord Abbett in 1999 as the Chief Operations Officer and was soon asked to join the Partnership and take on the additional responsibilities of the Chief Financial Officer. She, along with the senior leadership team, transformed the firm from a US focused, retail-based asset management firm with $30 billion under management into a global firm with deep product breadth, broad distribution, robust risk management and over $160 billion in assets.
Her board role on SimCorp, an investment management solutions technology company, and lead director roles for not-for-profit boards have provided her a deep understanding of the governance and fiduciary responsibilities of a board/audit committee member. Ms. Binstock is a member of the National Association of Corporate Directors.
She’s had broad exposure to the capital markets, on the origination or sell side and buy side and has also worked on corporate actions, workouts and valuation issues related to restructurings and bankruptcies.
Because of Joan’s operating company experience in the financial services industry, in addition to her duties on behalf of Lovell Minnick, she may from time to time serve as an independent portfolio company board or management member.
Joan is Vice Chair of the Bronx High School of Science Endowment Fund, member of the Duke University School of Medicine Board of Visitors, and a YearUp NY/NJ Advisory Board member.
Joan earned her M.B.A. from the NYU Stern School of Business and her B.A. in Mathematics from the State University of New York at Binghamton.
Value Creation Team Members are independent contractors that are advisors to Lovell Minnick and portfolio companies of Lovell Minnick. They are not employees of Lovell Minnick entities.