Sarofim Trust Co

Christopher Sarofim serves as president and oversees investment decisions, succeeding his father Fayez Sarofim who led the firm until his death in 2022. The firm's strategy remains rooted in Fayez's long-term, concentrated equity approach.

The firm primarily builds direct equity positions in large-cap US stocks, relying on fundamental research and a buy-and-hold philosophy rather than deal origination. It does not operate a venture capital or private equity arm.

The firm is structured as a single-family office serving the Sarofim family, though it also manages assets for a limited number of outside clients, similar to a traditional trust company.

The firm favors consumer staples, health care, energy, and financial services, with documented holdings in companies like Coca-Cola, Procter & Gamble, and Exxon Mobil. It avoids high-turnover sectors like technology or biotech, favoring stable, dividend-paying stocks.

The wealth originated from Fayez Sarofim's father's Egyptian cotton trading and Fayez's own early investments in oil and gas. He grew the fortune through disciplined stock market investing, eventually making the Sarofim family one of Houston's wealthiest.

Christopher Sarofim became president in 2021, succeeding Fayez Sarofim, who died in 2022. The transition was planned and reflects the family's intention to continue the firm's long-standing investment philosophy.