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Scott & Selber
Scott & Selber was founded in 1997 in Houston by B. Scott Custer Jr. and Robert K. Selber Jr., both alumni of Goldman Sachs. The firm emerged to serve affluent...
Scott & Selber
Scott & Selber was founded in 1997 in Houston by B. Scott Custer Jr. and Robert K. Selber Jr., both alumni of Goldman Sachs. The firm emerged to serve affluent families in the South, offering a multi-family office structure that pools resources for access to institutional-caliber managers. Unlike single-family offices centered on a specific fortune, Scott & Selber aggregates capital across multiple families, building its influence through collective scale rather than a single patriarch's wealth. The firm deploys capital primarily through external manager selection across private equity, venture capital, real estate, hedge funds, and private credit. Scott & Selber does not operate as a direct investor or sponsor; it functions as an allocator, evaluating funds and co-investment opportunities on behalf of its client families. The geographic focus reflects its Houston base, with investment activity concentrated in North America. The firm's structural posture mirrors a fund-of-funds model embedded within a multi-family office wrapper, granting families access to managers that might otherwise require larger individual commitments. Team size and cumulative deployment figures are not publicly disclosed. The firm maintains a single office in Houston. No public regulatory filings or press releases in the last 24 months confirm major organizational changes, fund closes, or named hires, reflecting a deliberately low-profile approach typical of family-office allocators serving a concentrated regional client base. Scott & Selber's structural differentiator is its pure allocator identity within a multi-family office chassis. While many peers build in-house direct investment teams or sponsor their own funds, Scott & Selber remains a gatekeeper for external managers — a posture that aligns its incentives with manager diligence rather than asset origination. This architecture creates a distinct governance layer between families and their investments, emphasizing fiduciary selection over proprietary deal-making.
General information
Firm type
Multi Family Office
Year founded
1997
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Houston
Corporate office
Houston, TX, United States
Principals
B. Scott Custer Jr.
Co-Founder & Managing Principal
Robert K. Selber Jr.
Co-Founder & Managing Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Scott & Selber?
Co-founders B. Scott Custer Jr. and Robert K. Selber Jr. oversee the firm as managing principals. Both came from Goldman Sachs and have guided the firm's allocator strategy since 1997. Day-to-day manager selection is handled by the internal investment team, though individual decision-makers beyond the founders are not publicly identified.
Does Scott & Selber make direct investments or only fund commitments?
Scott & Selber operates primarily as an allocator to external managers rather than a direct investor. The firm evaluates and selects private equity, venture capital, real estate, hedge fund, and private credit funds on behalf of its client families. Co-investment opportunities alongside trusted managers may be considered, but the firm's core model is manager access, not proprietary deal origination.
Is Scott & Selber a single-family office or a multi-family office?
Scott & Selber is structured as a multi-family office, pooling capital from multiple affluent families rather than serving a single fortune. Founded in Houston in 1997, the firm aggregates resources to provide families with institutional-level access to alternative investment managers.
What is Scott & Selber's geographic investment focus?
The firm's investment activity is concentrated in North America, consistent with its Houston headquarters and its client base of Southern families. Scott & Selber evaluates managers across the United States, with no publicly stated emphasis on international or emerging-market allocations.
How does Scott & Selber source its manager relationships?
The firm leverages its Goldman Sachs alumni network and decades of institutional relationships to source fund managers. As a multi-family office with pooled capital, Scott & Selber uses its aggregate scale to gain access to managers that might otherwise require higher individual commitment minimums — a structural advantage for its client families.
Does Scott & Selber have additional offices outside Houston?
Scott & Selber operates from a single office in Houston, Texas. No additional offices or regional expansions have been publicly disclosed.
What is Scott & Selber's known posture on co-investments?
While the firm's primary model is fund commitments to external managers, multi-family offices of Scott & Selber's profile typically evaluate co-investment opportunities alongside trusted managers as a way to reduce fees and increase direct exposure. Specific co-investment activity has not been publicly detailed by the firm.
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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