Chief Investment Officer
Philip Durst, CPA*, CFA®, serves as Chief Investment Officer for Tolleson Wealth Management. His responsibilities include the strategic oversight and execution of the company’s investment research process, asset allocation, manager selection/retention and overall portfolio management. In addition, Philip serves as Chairman of the company’s Investment Committee and is a member of the Executive Committee, which oversees the strategic and operational matters of the entire company.
Prior to joining Tolleson Wealth Management, Philip worked within the Investment Management divisions of both INVESCO and John McStay Investment Counsel in Dallas. In these roles, he was directly responsible for identifying investment opportunities in support of their fundamental approach to managing institutional capital, in both core and income-oriented portfolios, focused on the REIT equity and preferred securities markets. In addition, Philip has worked within the internal hedge fund and private equity divisions of a large publicly held company. Within these roles, he was responsible for both identifying and executing paired equity investments in publicly traded energy technology companies, and evaluating mid- to late-stage venture capital investments in private energy technology companies.
Prior to his investment management career, Philip spent several years with Crescent Real Estate in Fort Worth, Texas as a part of their Asset Management team, and with Ernst & Young in Dallas, Texas as a Senior Auditor within the company’s Entrepreneurial Services division.
Philip earned a Master of Business Administration with concentrations in investment finance and real estate finance from Southern Methodist University, receiving the honors graduate distinction of Beta Gamma Sigma. He received his undergraduate degree in accounting from the University of North Texas.
He is a Certified Public Accountant (CPA) and is a Chartered Financial Analyst (CFA) charterholder.
Philip is married with one son. Outside of his family and the investment arena, his passions include classic cars, sport fishing, and adventure travel. He has lived in Dallas, Texas for more than 20 years and currently resides in Lakewood, Texas.
*This firm is not a CPA firm.