Our Team


Cliff Demarest

Managing Principal

Cliff founded Consilium Wealth Advisory to deliver objective, experienced advice to a select few clients who desire concierge wealth advisory management.  He is experienced in asset and manager selection, portfolio management, stock management, financial planning, trust & estate design, credit and banking, and family wealth stewardship.

Cliff also developed Embark, a career and success guide for young people in collaboration with Stanford University’s Design Your Life program.

Enjoys family travel, biking, volleyball, and non-profit work.


  • Past head of Family Wealth Advisory - Northern Trust

  • Past Chief Investment Officer - Northern Trust

  • Past Institutional Investment Manager - Provident Investment Counsel

  • Certified Personal Wealth Advisor® (CPWA)

Non-Profit Work

  • Founding Board Member - Foundation Outreach International

  • Past Board Member - Dallas Opera and Dallas Children’s Theatre


  • MBA - University of Southern California


Nick Blankl

Managing Director

Wealth advisor for families and foundations. Based in Portland, Oregon.

Nick advises business owners on preparing for sale and financial security, and has taught classes on Finance at Portland State University.

Nick enjoys travel, reading, skiing, mountain biking, golfing and following his college and professional sports teams.


  • Past Chief Investment Officer - Compendium Capital Management

  • Past Portfolio Manager - Roxbury Capital

  • Past Portfolio Manager - Provident Investment Counsel

  • Chartered Financial Analyst - CFA

Non-Profit Work

  • Board Member - International Leadership Academy


  • MBA - University of Southern California


George Townsend

Managing Director

Wealth advisor for families and foundations.

George brings many years of experience to his role as Managing Director for Consilium. In his most recent roles as a Senior Portfolio Manager and as a Portfolio Manager Team Leader he provided transparent, objective investment advice that delivered exceptional investment performance for his clients.

George also helped design Consilium’s Capitalize stewardship program that develops a family’s financial, human, and intellectual capital for multiple generations.


  • Past portfolio manager at Northern Trust & US Trust

  • Accounting for non-profit organizations

  • Certified Financial Planner (CFP)


  • MBA - University of Southern California


Susan Demarest, MS, RD

Client Delight

Susan has extensive experience in family office client service.  She worked directly for one of the founding families of Los Angeles, CA in their family office, with an emphasis on community service and philanthropy. She worked with leadership executives of Neuberger Berman, a New York investment management firm, and served administratively at Latham & Watkins, a global law firm. Finally, as a Registered Dietician she worked clinically for various hospitals in the Los Angeles area.  


  • BA - Ambassador College, Liberal Arts
  • MS - California State University, Nutritional Science
  • RD - Registered Dietician


  • YMSL - Plano Young Men's Service League
  • Foundation Outreach International Embark Mentor
  • Former Committee Member, Dallas Children's Theatre


David Demarest

Financial Planning Associate

David is a recent graduate from Texas Tech’s school of Personal Financial Planning. His educational background, combined with his strong work ethic and passion for financial planning, has led him to a bright career as a financial planning associate. David assists Consilium clients with holistic planning, investment management and leads our Finance Matters financial wellness program.

David enjoys travel, skiing, and soccer.


  • Education BA – Personal Financial Planning – Texas Tech
  • Series 65


Derek Demarest

Investment Associate

Derek assists our Senior Investment Officers with research, analysis, and compliance of our investment efforts. He leads our client presentation effort for all meetings. He also assists with our Capitalize family meeting program by working closely with staff and clients to create customized topics, analysis, and feedback.

Derek loves travel, gaming, and making music.


  • Attended  – BA Business Administration, University of Texas Dallas
  • Series 65 Candidate