Clay Northam Wealth Management

Clay Northam Wealth Management is an SEC‑registered advisory firm that provides discretionary investment management and financial planning to individuals (including high‑net‑worth clients), trusts and estates, retirement plan participants, charitable organizations, and select corporate and pension clients. The firm manages roughly $355 million across about 420 client accounts and also supports participant account management for held‑away employer‑sponsored retirement accounts through a third‑party platform (Pontera).

The firm describes its investment approach as value‑oriented and uses diversification across asset classes, styles, market caps, sectors, and regions while also employing tactical asset allocation and cash positioning when deemed appropriate. Portfolios typically use mutual funds, ETFs, individual equity and fixed‑income securities and may, at times, hold concentrated positions or use leveraged/inverse funds for hedging or enhanced exposure; non‑traded REITs are used occasionally.

Distinctive operational features include a requirement that most clients custody assets at Charles Schwab and use Schwab’s institutional services, and the firm’s use of a third‑party connection to manage held‑away participant accounts. The principals are CFP® professionals who also maintain individual insurance licenses and receive commissions for insurance sales (a disclosed conflict of interest), the firm generally does not vote client proxies, and it commonly requires a $500,000 account minimum while retaining discretion to combine or waive minimums.