Joseph Velli
Value Creation Team Member
Joseph Velli was named as an Advisor to Lovell Minnick in 2016. As an independent consultant, Joe works closely with Lovell Minnick’s investment professionals assisting in deal sourcing, evaluation and due diligence. In particular, he advises on asset management, custody & related services, bank divestitures, transaction processing and tech enabled businesses opportunities.
Joe has over 30 years of experience in the financial services and transaction processing industries, with extensive leadership, operating, M&A, strategic planning, business development and board experience.
For most of his career, Joe served as a Senior Executive Vice President of The Bank of New York and as a member of the Bank’s Senior Policy Committee. During his 22-year tenure with the Bank, Joe’s responsibilities included heading Global Issuer Services, UIT and ETF Services, Global Custody and related Investor Services, Global Liquidity Services, Pension and 401k Services, Consumer and Retail Banking, RIA and Mutual Fund Services (Lockwood), Correspondent Clearing (Pershing), Brokerage Services and Payment Services. He also formed and headed the Bank’s Global Marketing and Sales Sector. Most recently, he served as the Chairman and Chief Executive Officer of Convergex Group, a global provider of execution, software and technology services.
Joe currently serves on the Public Boards of Computershare Limited and Paychex, Inc. and is a member of the Board of Trustees at William Paterson University. He serves on various board committees and currently chairs Paychex’s Corporate Development (M&A) Committee and Computershare’s Remuneration Committee. Joe also served on the Public Boards of ETRADE Financial Corporation and American Management Systems, Inc.
Because of Joe's operating company experience in the financial services and transaction processing industries, in addition to his activities for Lovell Minnick, he may from time to time serve as an independent portfolio company board or management member.
Joe earned his M.B.A from Fairleigh Dickinson University and his B.A. in Accounting from the William Paterson University.
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.