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Nummus Asset Management
Nummus Asset Management was founded in Zurich in 1967, predating most Swiss independent wealth managers. Chairman and CEO Alex H. Weber leads the owner-managed...
Nummus Asset Management
Nummus Asset Management was founded in Zurich in 1967, predating most Swiss independent wealth managers. Chairman and CEO Alex H. Weber leads the owner-managed family business, which operates from Talacker 21. The firm was an early entrant in Switzerland's independent asset-management landscape and remains a member of the Swiss Association of Wealth Managers (SAM), with oversight by supervisory organisation AOOS under FINMASA. It also maintains an affiliation with OFS Ombud Finances Switzerland. Nummus allocates across a deliberately broad canvas. The firm covers private equity (from seed through Series C), private credit, hedge funds, real estate, digital assets, commodities, infrastructure, and intellectual property. Confirmed exposures include FinTech and luxury, with technology interests spanning Web3, blockchain, edge computing, and quantum computing. Geographic focus is European, but the firm's luxury-properties portfolio is global. Nummus does not require clients to use a specific custodian bank and will assist in selecting the optimal provider — a structural point of differentiation from many Swiss peers that bundle custody. Additional services array around the investment core. External specialists source luxury real estate — private villas, unique locations, private islands — and conduct precise valuations. The alternative-assets practice assists with buying, selling, insuring, and inventorying art, jewellery, rare stamps, and numismatic coins. Nummus also coordinates estate and tax planning, including advice on relocation and Swiss lump-sum tax agreements, and helps clients execute philanthropic strategies. The Mona Lisa Foundation, co-founded by board member Dr. Markus A. Frey, operates as a separate philanthropic vehicle. The firm's structural differentiator is its unbundled architecture. Nummus does not manufacture proprietary funds; it curates external managers, direct deals, and specialist advisors through a network built since 1967. This design avoids the balance-sheet conflicts of an integrated bank and gives clients custody portability — a posture that aligns with the SAM independent-wealth-manager ethos that Nummus helped pioneer in Switzerland.
General information
Firm type
Multi Family Office
Year founded
1967
Location
Region
Europe
Country
Switzerland
City
Zurich
Corporate office
Talacker 21, 8001 Zurich, Switzerland
Principals
Alex H. Weber
Chairman and CEO
Dr. Markus A. Frey
Board Member
Karl Weber
Advisory Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Nummus?
Chairman and CEO Alex H. Weber leads the firm. Karl Weber, founder of KW-invest and former chief economist at Bank Vontobel, sits on the advisory board and provides macro and strategy input. The firm also draws on a network of external specialists for private equity, hedge funds, and alternative assets rather than maintaining a large in-house investment team.
How does Nummus source proprietary deal flow?
Nummus relies on a network of external specialists and direct relationships cultivated since 1967. The firm does not market a proprietary sourcing engine; instead, it connects clients to specialised investment experts and to co-investors such as David Feldman, the noted philatelist and co-founder of The Mona Lisa Foundation.
Is Nummus a single-family office or a multi-family office?
Nummus operates as a multi-family office and independent asset manager. It serves non-profit organisations, established families, and private individuals. The firm is owner-managed by the Weber family but is not a single-family office dedicated to one wealth source.
Does Nummus participate in fund commitments, direct deals, or both?
Both. The firm accesses private equity and hedge fund investments and also facilitates direct acquisitions of luxury real estate and alternative assets such as art, jewellery, rare stamps, and coins. It provides consolidated reporting across all asset classes, including multiple custodian banks.
What investment stages does Nummus target in private markets?
Nummus covers the full spectrum from seed through Series C. Its confirmed technology interests include Web3, blockchain, edge computing, and quantum computing, with known sector focuses in FinTech and luxury.
How is Nummus regulated?
Nummus is supervised by AOOS, a supervisory organisation under Switzerland's Financial Market Supervision Act (FINMASA). It is a member of the Swiss Association of Wealth Managers (SAM) and is affiliated with the ombudsman's office OFS Ombud Finances Switzerland.
Does Nummus maintain philanthropic structures, and how are they separated?
The firm helps clients implement philanthropic strategies through external specialists. Board member Dr. Markus A. Frey co-founded The Mona Lisa Foundation, an independent entity that is not part of Nummus's investment-management operations.
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