Philip Scherman Dow

Phil Dow, former chief equity strategist for RBC Wealth Management died October 9, 2024, at the age of 78. Phil entered the brokerage business in the early 70s, which was historically a challenging time to be in the markets. Nonetheless, Phil's success quickly followed. He worked at the legendary firm of Kidder Peabody in Kansas City before moving on to Piper Jaffray and eventually to the Royal Bank of Canada (Dain Rauscher) in Minneapolis. He also got sober, an event that enriched the rest of his life and gave him the sense of humility and empathy that he shared with everyone he met. At RBC, Phil became a true star, regularly delivering stock market commentary to viewers of CNBC. His popularity was such that CNBC flew him out to offer him an on-air job. He declined, but continued cameo appearances on the exchange floor and "Squawk Box" and was a favored guest when the Dow Index reached new 1,000 high marks. His book, "The Citizen Investor: The Power of Ownership" laid out his fundamental approach to valuing long term ownership in strong companies. Phil was an early entrant to the foodie movement, which also fueled his appetite for travel. While Phil could turn a strip mall noodle joint into a five-star dining experience, he devoted a lot of energy to finding the very best places to eat wherever he found himself. That included out-of-the-way restaurants in Italy with his brother Paul and sister-in-law Deb. His favorite trips by far were to visit his children, Susie and Jay, including to his hometown of Kansas City. All could recite, in order, his favorite KC barbeque spots. Despite his many talents, Phil was always self-deprecating. He loved to joke that he was surely the lowest IQ person ever to stay in the Einstein suite at a Caltech hotel, one of many stops in his dedicated travels to meet with clients to help them reach their financial goals. In 2006, Phil met Deb Pederson. They fell in love and married in 2010. Phil retired in 2011. Together they tackled researching treatments for Progressive Supranuclear Palsy (PSP). Phil faced his disease with grace, humor and courage, an inspiration to all whose lives he touched during those years. Phil remained devoted to counseling many who struggled with addiction, offering himself as a resource and friend at any time of the day. Helping others is one of Phil Dow's greatest legacies. In addition to his wife, Deb Pederson, Phil is survived by his children, Susie (Neil) Sommers and Jay (Jaymee) Dow; stepchildren, Alison McManus (Flori Pierri) and Thomas McManus; four grandchildren, Olivia, Sophie and Stella Sommers and Charlie Dow; his brothers, Paul (Deb) Dow and John (Diane) Dow; nephews, nieces, and countless friends and friends of Bill W who will miss him tremendously. A celebration of Phil's life will be held on Saturday, May 3, 2025 at 11 AM, with visitation one hour prior, at the Washburn-McReavy Edina Chapel, 5000 W 50th St, Edina, MN 55436. For those who are unable to attend in person, a livestream of the service will be available at www.washburn-mcreavy.com. From Phil's obituary page, click the blue tab that says "Photos & Videos", or if you are on a smartphone, tap on the tab that says "Media". In lieu of flowers, the family asks that memorials be sent to the Tau Consortium of the Rainwater Charitable Foundation.

Tributes

Philip Scherman Dow

November 13, 1945 - October 9, 2024

Tributes

Philip Scherman Dow

November 13, 1945 - October 9, 2024

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