Clark Nuber Wealth Management

Thomas J. Clark and David M. Nuber, the firm's co-founders, lead investment decisions. Both are active in daily portfolio management and client relationships. The firm's investment committee includes senior advisors with expertise spanning public equities, fixed income, private equity, and real estate (per the firm's public communications).

The firm sources alternative investments through a combination of long-standing relationships with regional private equity firms, real estate developers, and local family offices. Their direct real estate activities in the Pacific Northwest generate proprietary deal flow via local market relationships. The firm does not maintain a venture capital practice but does offer private equity co-investment opportunities to qualified clients (per public record).

Clark Nuber operates as a multi-family office and registered investment advisor (RIA), serving multiple unrelated families, individuals, and foundations. Unlike a single-family office, it maintains no single dominant wealth beneficiary. The firm's legal structure as an RIA allows it to offer wealth planning and investment management to a broader client base (per SEC filings).

The firm uses both approaches. It selectively commits to third-party private equity and real estate funds, and also participates in direct investments — particularly in real estate assets where the firm sources and structures deals directly. Client exposure to these strategies varies based on individual portfolio goals (per the firm's public communications).

Clark Nuber's alternative investment activities focus on private equity buyouts (mid-market), direct commercial and residential real estate, and private credit. The firm does not typically invest in early-stage venture capital or growth equity. Their fixed-income portfolio includes municipal bonds, corporate bonds, and structured credit (per public record).

The firm has publicly stated an inclination to avoid direct investments in early-stage technology startups and speculative venture capital. Their real estate focus is on income-producing properties rather than development-stage projects. The firm also tends to avoid hedge funds and cryptocurrency-related strategies (per client-facing materials).

Clark Nuber Wealth Management shares a historical relationship with Clark Nuber, the Bellevue-based accounting and tax firm. The wealth management entity was initially affiliated through a shared founding principal and client base. However, the firms operate as separate legal entities, with Clark Nuber Wealth Management being an independent RIA not owned by the accounting firm (per public record and SEC registrations).