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Divvi Wealth Management
Nadine Chakar, a former State Street executive, co-founded Divvi Wealth Management in 2019 alongside Evan Murai, who serves as President.
Divvi Wealth Management
Nadine Chakar, a former State Street executive, co-founded Divvi Wealth Management in 2019 alongside Evan Murai, who serves as President. The firm was built to serve technology company employees and founders navigating IPOs and secondary liquidity events — a wealth-origin tied directly to Silicon Valley equity compensation. Divvi operates as an SEC-registered investment adviser focused on concentrated single-stock management, tax-optimized diversification, and direct-indexing strategies. The firm has extended beyond wealth management into venture capital, launching a venture fund that co-invests alongside its clients in private technology companies. Asset-class coverage includes public equities, private equity, fixed income, and alternatives. Geographic focus is primarily North America, with technology and infrastructure as core sector targets. The firm does not publicly disclose AUM or the number of professionals. Divvi has not disclosed additional offices beyond its San Francisco headquarters. In 2023, the firm launched a partnership with a third-party custodian to expand its direct-indexing capabilities (per public record, 2023). Divvi's structural differentiator is its vertical integration of wealth management and venture capital under one roof, built explicitly for the post-liquidity needs of Silicon Valley insiders. The firm's model — advising on concentrated equity positions while also participating as a co-investor — creates alignment and potential conflicts that the firm manages through disclosure and separate fund structures.
General information
Firm type
Multi Family Office
Year founded
2019
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Nadine Chakar
CEO
Evan Murai
President
Sector focus
Frequently asked questions
Who runs investment decisions at Divvi Wealth Management?
CEO Nadine Chakar, formerly of State Street, and President Evan Murai lead the firm. The investment committee includes senior advisors, but the firm has not publicly named a dedicated CIO. Divvi's venture fund is managed separately by a team of private-market specialists (per public record).
How does Divvi source proprietary deal flow?
Divvi sources venture co-investments primarily through its client base of technology executives and founders who have direct access to private company allocations. The firm also maintains relationships with venture capital firms and investment banks. Deal flow is concentrated in late-stage technology companies (per public record).
Is Divvi structured as a single family office or does it operate more like a venture firm?
Divvi operates as a multi-family office serving multiple technology families, but also manages a dedicated venture fund that co-invests alongside clients. This hybrid structure allows the firm to offer wealth management services and direct private-market access under one platform. The venture fund is a separate vehicle with its own governance (per public record).
Does Divvi participate in fund commitments or only direct deals?
Divvi primarily facilitates direct investments and co-investments for its clients, particularly in private technology companies. The firm also uses third-party funds and ETFs for public-market exposure. The venture fund makes direct private equity investments, not fund-of-funds allocations (per public record).
What investment stages does Divvi typically target?
Divvi's venture fund targets late-stage and growth-equity investments in technology companies, aligning with its clients' experience as executives and founders. The wealth management side accommodates all stages of public and private assets based on individual client mandates. The firm avoids early-stage seed and Series A rounds (per public record).
Which sectors does Divvi explicitly avoid?
Divvi has not publicly stated explicit avoidance sectors beyond general fiduciary suitability standards. However, based on its client base and fund focus, the firm concentrates on technology, infrastructure, and financial services. No published negative screens for specific industries were found.
Where does the underlying wealth come from?
The underlying wealth at Divvi primarily originates from technology company equity compensation — including IPOs, secondary sales, and stock option exercises — earned by employees and founders in the San Francisco Bay Area. The firm was purpose-built to serve this wealth demographic, though it does not disclose specific client family names (per public record).
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