Lee is CEO and Co-founder of Vanguard Atlantic Ltd., a Saranac Lake based firm that has been making private equity investments in American and European high-technology companies since 1985. The firm's philosophy has been to look for situations where their funds could be leveraged by experience, talent, and a strategic approach to markets. Their specialty has been very early stage funding of software-leveraged startups. Lee is on several Adirondack non-for-profit boards, including the Adirondack Council, the Adirondack Chapter of the Nature Conservancy, AdkAction.org., Adirondack Recreational Trail Advocates, and the Lake Colby Association. He was formerly on the Board of the Trudeau Institute. Lee and his wife, Nancy, live on Lake Colby in Harrietstown.