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Clark Nuber Wealth Management
Clark Nuber Wealth Management is a Bellevue-based multi-family office founded in 1990 by Thomas J. Clark and David M.
Clark Nuber Wealth Management
Clark Nuber Wealth Management was founded in 1990 as an independent RIA and multi-family office based in Bellevue, Washington. The firm was established by Thomas J. Clark and David M. Nuber, who continue to lead investment decisions and client relationships. The firm's investment approach spans both traditional and alternative asset classes. Clients gain exposure to public equities, fixed income, private equity, real estate, and other alternative investments through a combination of separately managed accounts, direct co-investments, and fund vehicles. The firm pursues a goals-based wealth planning framework that integrates tax, estate, and philanthropic objectives. Their real estate investment activity includes direct ownership of commercial and residential properties, largely within the Pacific Northwest market. Known co-investors and deal partners have included local family offices and regional private equity firms. The firm manages approximately $2.2B in client assets (per public record, 2024) and operates from a single office in Bellevue, with a satellite presence in Seattle. The team size is not publicly disclosed, but the firm maintains a lean, partner-led structure. While no recent operational event in the last 24 months is publicly documented, the firm has steadily grown assets under management over the past decade. Clark Nuber distinguishes itself through its hybrid structure — operating as a registered investment advisor (RIA) while providing multi-family office services without creating a traditional single-family-office corporate hierarchy. The firm's co-founders remain active in daily operations, ensuring direct client access to senior partners. This governance model mirrors that of many boutique wealth advisory firms but applies institutional-grade portfolio construction and direct alternative investment capabilities typically associated with larger multi-family offices.
General information
Firm type
Multi Family Office
Year founded
1990
AUM
$2.2B (per public record, 2024)
Location
Region
North America
Country
United States
City
Bellevue
Corporate office
Bellevue, WA, United States
Additional offices
Seattle, WA, United States
Principals
Thomas J. Clark
Founder & CEO
David M. Nuber
President
Sector focus
Frequently asked questions
Who runs investment decisions at 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).
How does Clark Nuber source proprietary deal flow?
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).
Is Clark Nuber structured as a single family office or a multi-family office?
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).
Does Clark Nuber participate in fund commitments or only direct deals?
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).
What investment stages does Clark Nuber typically target?
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).
Which sectors does Clark Nuber explicitly avoid?
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).
How is Clark Nuber related to Clark Nuber CPAs or Clark Nuber (the accounting firm)?
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).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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