Joan Binstock

Joan Binstock, CPA, began as an advisor to LMP in 2018. As an independent consultant, Joan works closely with LMP’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.

Joan started her career at PWC in the financial services sector. After several years, she left for Goldman Sachs, one of her audit clients. She’s had broad exposure to the capital markets, on the origination or sell side and the buy side, with involvement in capital raising and post-merger restructuring. She 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 LMP, she may from time to time serve as an independent portfolio company board or management 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.