Phil is a legacy client advisor with Alex. Brown, having joined the firm in February 1990. Prior to Alex. Brown, he began his work career with Wachovia Bank & Trust Company in 1980, where he worked in multiple areas of banking, including sales, finance, personal and commercial banking. He concluded his banking career with Southern National Bank, now a part of BB&T. Phil earned a BS in industrial relations from the University of North Carolina, Chapel Hill. He completed securities industry education programs with the Securities Industries Association Institute and earned a Certified Investment Management Analyst® certification from the University of Pennsylvania, Wharton School.
Phil has served as an institutional investment consultant to some of the largest asset pools in the region, including local governments, healthcare systems, foundations/endowments and Taft Hartley plans. Across this diverse group of client relationships Phil has provided insight and advice on matters of risk management, asset allocation, goal setting, alternative investments, and evolving investment trends. Phil also brings a wealth of experience working with investment committees varying widely in both size and composition.
Phil’s passion for investing began in high school when his father suggested that he invest savings from a summer job into a mutual fund, spurring a lifelong interest in the capital markets. At that time, the Dow Jones Industrial Average was valued below 1,000, and stocks were very out of favor, thus spurring a very contrarian perspective for investing that has remained a factor in his investment philosophy.
Phil is a longtime resident of Winston-Salem and is married, with two grown daughters. He is active in the community, serving on the boards of Centenary United Methodist Church (former board chair), Summit School, and Habitat for Humanity. He is currently serving as a board member for Cities with Dwellings, a local homeless initiative, and is board president of Old Town Club in Winston-Salem. In his spare time, he enjoys fly fishing, gardening, playing the guitar, and being an enthusiastic spectator of his daughter’s collegiate golf career.
Raymond James is not affiliated with any organizations mentioned above.
Investments & Wealth Institute™ (The Institute) is the owner of the certification marks “CIMA®” and “Certified Investment Management Analyst®”. Use of CIMA® and/or Certified Investment Management Analyst® signifies that the user has successfully completed The Institute’s initial and ongoing credentialing requirements for investment management professionals.
Investing involves risk and you may incur a profit or loss regardless of strategy selected. Asset allocation does not ensure a profit or protect against a loss. Alternative investments involve substantial risks that may be greater than those associated with traditional investments and are not suitable for all investors. Every type of investment, including mutual funds, involves risk. Risk refers to the possibility that you will lose money (both principal and any earnings) or fail to make money on an investment. Changing market conditions can create fluctuations in the value of a mutual fund investment. In addition, there are fees and expenses associated with investing in mutual funds that do not usually occur when purchasing individual securities directly.
The Dow Jones Industrial Average (DJIA), commonly known as “The Dow” is an index representing 30 stocks of companies maintained and reviewed by the editors of the Wall Street Journal
