FINANCIAL STRATEGIST EDWARD PAVEL JOINS LGP FINANCIAL SERVICES AS MANAGING PARTNER

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 10, 2010 -- PARAMUS, N.J., September 8, 2010 – Lou Pacelli, president and founder of LGP Financial Services LLC (LGPFS) in Paramus, N.J., announced that Edward J. Pavel, Jr. of Totowa, N.J. has joined the firm as managing partner. Pavel will be responsible for developing new business for the company’s business accounting division LGP Business Services, LLC, and will oversee the implementation of online solutions to serve its client needs more efficiently.

LGP Financial Services provides small and medium-size businesses with critical support services including comprehensive operations and financial review; debt restructuring and lender negotiations; interim management services; and turnaround services for troubled companies. LGPFS also serves lending institutions with field examinations and asset verification of customers. Pacelli launched LGP Financial Services in early 2009.

“Ed brings a unique skill set and depth of experience in all facets of financial services, with particular strength in strategy development,” said Pacelli. “Our clients will benefit from this as well as his proven abilities in designing and implementing technology-based solutions for large financial institutions.”

Decades of Wall Street Experience

With a career spanning nearly 30 years, Pavel has held senior management positions at Thomson McKinnon Securities, Shearson Lehman and Bear Stearns. He developed hedging strategies in the mortgage, interest rate, foreign exchange and energy markets; handled institutional sales in financial futures and foreign exchange; and designed and implemented trade strategies and methods for identifying arbitrage opportunities between currency spreads and short-term interest rates.

In recent years Pavel founded a commodity investment firm and developed proprietary trading algorithms for debt, foreign exchange and equity markets. In 2007 he opened a private financial consultancy specializing in e-commerce and small businesses. His practice comprised business plan development; comprehensive operations and processes evaluations; financial modeling; and creation of inventory management systems, productivity metrics, and efficiency strategies.

“As managing partner at LGP Financial Services I will set goals for strategic growth and profitability—for the firm as well as our clients—and develop the methods and systems to achieve those goals,” noted Pavel. “It’s a great opportunity for me to mesh my experience in management and revenue growth with my interest in technology.”

For more information about LGP Financial Services, LLC and its financial services for businesses and banks, or comprehensive accounting solutions from LGP Business Services, LLC, contact President Lou Pacelli at (201) 940-7396 or info@lgpfinancialservices.com or go to www.lgpfinancialservices.com.


PHOTO CAPTION:

Ed Pavel has joined LGP Financial Services, LLC in Paramus as managing partner. He is responsible for developing new business for the company’s business accounting division, LGP Business Services, LLC and will oversee the implementation of online solutions to serve its client needs more efficiently.

###

More information can be found online at http://www.starrgates.com

Business Accounting     Edward Pavel     financial services     LGP Business Services     LGP Financial Services     Lou Pacelli     NJ financial services     Paramus NJ