(PRWEB) January 29, 2015
Convergence, a provider of database, custom data research and advisory services to the alternative asset manager industry, announced that Joseph (Joe) Dello Russo, former Chief Financial Officer and Chief Administrative officer of MFS Investment Management has joined the Firm as a Senior Managing Director. In his role with Convergence, Joe will lead efforts to develop the Company’s business platform, with primary focus in the northeast U.S. market. As a member of the Company’s Management Committee, Joe will work in partnership with the Company’s co-Presidents, John Phinney and George Evans, on business strategy, the development and execution of strategic business and customer relationships and product planning and development.
Convergence provides analytical data, benchmarking, custom research and advisory services to the Alternative Asset Management industry. The firm’s data is unique because it is enriched by subject matter experts and provides best practices based on carefully selected peers. Convergence focuses on a manager’s infrastructure including fund and management company accounting, investment operations, risk management, marketing materials, investor relations, tax, compliance, technology and service providers. Clients include asset managers, administrators, audit firms, financial technology firms, investment management consultants, prime brokers, custodians, investors, compliance firms, recruiting firms, colleges and universities and individual research. The Convergence approach creates value for clients by helping them research, understand infrastructure expenses, identify opportunities to increase market share, ensure practices are consistent with best in class peers, select service providers that best support strategic business goals, enhance investor due diligence efforts, perform difficult custom research and provide ongoing education. For more information on Convergence please visit http://www.convergenceinc.com.
About Joseph Dello Russo
Joseph (Joe) Dello Russo is a senior corporate executive and business advisor who in recent years has worked on several early stage investment and professional opportunities. During his professional career, Joe was Chief Financial Officer and Chief Administrative Officer of MFS Investment Management, now a $400 billion asset management firm based in Boston, MA. Prior to MFS, Joe was a senior finance and operations executive (including Director of Mutual Fund Operations and SVP and Controller) at The Boston Company (now owned by Bank of New York/Mellon), and an Audit Manager at Arthur Andersen & Co. Joe serves as Treasurer and as a Board Member of the Center for Collaborative Education in Boston, is Treasurer and a Board Member of the BNY Mellon Charitable Gift Trust, and serves on the Finance and Audit Committees of the Berklee College of Music. Joe can be reached at jdellorusso(at)convergenceinc(dot)com, or at 781-439-5125.