Philip founded Magnolia Ventures in November 2009 and became the Managing Partner in January 2011. Prior to Magnolia, he was a Partner and first employee at SecondMarket, Inc. – SecondMarket has streamlined the historically inefficient process for buying and selling alternative investments by connecting buyers directly with sellers and providing world-class market and operations expertise. He helped build out a network of more than 100,000 accredited individuals and institutions and completed billions of dollars in privately negotiated transactions.
He was also the East Coast Sales Manager for the CEFS division of UBS Financial Services, LLC., Head of the Online Executive Services Group at Credit Suisse and Single Stock Risk Management Analyst at Smith Barney. He received his B.S. from the University of Rhode Island.
Philip was the Chief Principal Officer of SecondMarket’s FINRA Registered Broker Dealer and Chairman of the SecondMarket, Inc.’s Risk Management Committee. Currently, he is the Chairman of CrowdHut and a Strategic Advisor to Centrallo, Crowdsunite, Equidate, Inc.,Fraud Guarantee, Fundable.com, GreenShoots Capital, Hayfield Financial, Ingress Capital, Pluris Valuation Advisors, QuarterSpot, SCH Venture Incubator and SkyRank System.