Forbes Dumas
Equity Research Analyst at Vaughan Nelson Investment Management, L.P.
About
Forbes Dumas is an Equity Research Analyst at Vaughan Nelson Investment Management in Houston, TX, where he specializes in fundamental research and financial analysis to support portfolio managers in the firm's U.S. equities strategies. He draws on over eight years of experience in investment analysis, providing actionable insights and monitoring portfolio positions for optimal performance.
Dumas focuses primarily on the U.S. equity markets, supporting high-conviction, value-oriented investment strategies that target inefficiencies across market capitalizations. At Vaughan Nelson, analysts generally operate as generalists within the U.S. team, covering multiple sectors and contributing insights to the Select (concentrated all-cap), Value Opportunity (SMID/mid-cap), and Small Cap Value equity strategies.
Prior to joining Vaughan Nelson, Dumas served as an Associate Analyst at T. Rowe Price and as an Analyst at Peregrine Investments, building a strong foundation in equity research and financial due diligence. He holds an M.S. in Finance, a B.B.A. in Accounting, and a B.A. in Economics from Southern Methodist University, and is recognized for his expertise in multi-sector U.S. equity analysis and valuation.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Vaughan Nelson Investment Management | Equity Research Analyst | Apr 2025 to Present | — |
| T. Rowe Price | Associate Analyst | Sep 2019 to Mar 2025 | Consumer Discretionary |
| Peregrine Investments | Analyst | Jun 2017 to Sep 2019 | — |
| Peregrine Investments | Investment Analyst Intern | Aug 2016 to May 2017 | — |
| KPMG | Valuation Intern | Feb 2016 to Apr 2016 | — |
| Scorpio USA | Financial Analyst Intern | Jun 2015 to Jul 2015 | Scorpio Tankers (NYSE:STNG)
Scorpio Bulkers (NYSE:SALT) |
| Intermarine, LLC | Finance and Accounting Intern | Jul 2014 to Aug 2014 | — |
| Choice Energy | Natural Gas Trading Intern | Jul 2013 to Aug 2013 | — |
Education
SMU Cox School of Business
Master of Science (MS), Finance
2016 — 2017
SMU Cox School of Business
Bachelor of Business Administration (BBA), Accounting
2012 — 2016
Southern Methodist University
Bachelor of Arts (BA), Economics
2012 — 2016
The Kinkaid School
High School Diploma
2006 — 2012
2019 Level III Candidate in the CFA Program
Others at Vaughan Nelson Investment Management, L.P. (18)
| Name | Role | Location |
|---|---|---|
| Deputy Chief Investment Officer, Portfolio Manager | Houston, TX , United States | |
| Associate | Houston, TX , United States | |
| Chief Executive Officer, Chief Investment Officer | Houston, TX , United States | |
D Deborah Sabo | Senior Trader | Corte Madera, CA , United States |
D Dennis Alff | Portfolio Manager | Sugar Land, TX , United States |
| Portfolio Manager - Global SMID Cap | Houston, TX , United States | |
| Portfolio Manager | Houston, TX , United States | |
S Sundeep Khanna | Portfolio Manager | Houston, TX , United States |
| Equity Research Associate | Houston, TX , United States | |
| Vice President - Equity Investments | Houston, TX , United States |