Kevin Michael Carome is an American lawyer whose career moved from Boston corporate law into investment management and financial services. He earned degrees from Boston College and its law school and was admitted to the Massachusetts bar in 1982. He later served as general counsel at Liberty Financial Companies and at Invesco, where he became a senior managing director.
Education
Carome earned a Bachelor of Arts degree in political science from Boston College, a Jesuit institution founded in 1863 in Boston by the Society of Jesus. He completed the degree in 1978.
He then studied at Boston College Law School, which is located in Newton Centre, Massachusetts, and has been accredited by the American Bar Association since 1932. He studied there from September 1979 to May 1982 and received the Juris Doctor degree in 1982.
He was admitted to the Massachusetts bar in 1982, with his license issued in November of that year.
Career
Carome's legal career began in Boston. He launched it in the corporate department of Ropes & Gray, a firm founded in Boston in 1865 by John Codman Ropes and John Chipman Gray, both Harvard-trained lawyers. The firm had grown to nearly seventy-five attorneys by the 1960s, and it had developed bankruptcy, labor, and securities practices during the 1930s and 1940s.
In 1993 he joined Liberty Financial Companies in Boston as associate general counsel, moving from private practice into the financial services industry. Liberty was a diversified asset management organization whose units included Colonial Management Associates, Stein Roe & Farnham, and Liberty Funds Distributor. From 1998 to 2000 he was general counsel of several of its investment management subsidiaries, and from August 2000 to December 2001 he served as senior vice president and general counsel. Liberty agreed in 2001 to sell its asset management units to FleetBoston Financial for nearly $1 billion, and the transaction was completed that year, shortly before his tenure ended.
In 2003 he joined Invesco, an asset manager whose origins lay in Atlanta, where it was founded in 1978 when Citizens & Southern National Bank divested its money management operations. The company had merged with AIM Investments in 1997 to form AMVESCAP PLC, which took the Invesco name in 2007 and moved its headquarters from London to Atlanta later that year. From 2003 to 2005 he was senior vice president and general counsel of the company's U.S. Retail unit. From 2006 he served as senior managing director and general counsel. A 2018 profile described his responsibilities as covering legal, compliance, internal audit, government affairs, and security for a firm managing more than $900 billion in assets and employing about 7,000 people.
He also worked as a partner at S Eggeuno.