Growing up in upstate New York, Phil’s career in finance and passion for investing began at an early age when he began investing in technology stocks in the early 90’s. Phil got his first “official” job in the financial industry when he worked in the Private Client Group at Merrill Lynch while he was obtaining his undergraduate degree from the University of Vermont. Soon thereafter he received his MBA in finance from New York University’s Stern School of Business. After graduation Phil spent time working for a private family office while simultaneously running an independent trading and investment advisory business.

His career then took him to West End Financial Advisors and Sentinel Investment Management Co., where he traded options and managed portfolios for high net worth investors, institutions and Hedge Funds. In 2006 Phil began offering investment advisory services for clients while operating his own investment management firm P. Silverman and Company. He has been a regular guest on CNBC, Fox Business, and BNN.Today, Phil teaches Options Income and Long Term Stocks Strategies here at Prosper Trading Academy. In his free time Phil is a BBQ aficionado, avid skier, and recreational guitar player.

Take the opportunity to learn both basic and advanced option theory and prepare for potential uncertainty in the markets. There are many reasons for volatility in the market, including quarterly earnings reports, FED rate hikes, new rounds of import tariffs, and the list goes on. Bottom line, volatility is a constant in the markets, and we believe it is important to teach traders learn how to take calculated risks to potentially leverage it primarily with options.


Learn about everything it takes to trade and manage options like a hedge fund manager. Whether you’re a seasoned trader or just getting started, receive first hand knowledge about finding options trades, execution, determining profit targets and position/risk management. We’ll coach you to avoid common mistakes option traders make so you can potentially profit over the long term