Wealth management platform provider Envestnet has named Valerie Mosley to its Board of Directors, the company announced. Mosley will bring both industry experience and connections in philanthropy and among historically black colleges and universities.
The CEO of societal impact investment partnership Valmo Ventures and a board member at real estate investment trust Dynex Capital, Inc., Mosley previously managed client assets at Wellington Management Company, where she spent 20 years. Her tenure at the global money management firm, which now counts more than $1 trillion in assets under management, included directing fixed income portfolios for corporate and public pension funds, endowment funds and mutual funds.
In an industry that’s struggled to reflect the diversity of the U.S. population, the new Envestnet board member provides connections among women and in the black communities. Mosley served on President Barack Obama’s White House Initiative on Historically Black Colleges and Universities and on the Federal Reserve Bank of Boston’s Advisory Board for Diversity. She is currently on the board of the philanthropic venture firm New Profit.