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A terrible loss in the RIA business of the original breakaway broker

A plane crash takes Patrick Clarke, the founding owner of Orion, Gemini and CLS, who leaves behind a family and friends in grief and three booming companies

Author Brooke Southall February 6, 2013 at 5:13 PM
no description available
W. Patrick Clarke and his son Scott were killed when their Cessna 410C went down on Nov. 10.

Breakaway Stories

Mike Wilson

Mike Wilson

February 6, 2013 — 3:36 PM


A very sad story, yet I am glad you took the time to research and tell it.

It is clear to all of us in the RIA space, that Mr. Clarke has left behind a proud and lasting legacy both through his sons and the strong and vibrant companies he created.

My condolences to the Clarke family.

Pete Giza

Pete Giza

February 6, 2013 — 6:55 PM


Nice article, it really says a lot about how a company should be operated. I never had the chance to personally meet Patrick, however I can say that after working with Eric over the years, he reflects the qualities of his father you related in this article. The folks I’ve worked with at Northstar and Orion also reflect that of their founder. I’m confident the legacy will continue.


Pete Giza | Managing Partner | Spitbrook LLC

Spenser Segal

Spenser Segal

February 6, 2013 — 10:05 PM

Great tribute to a real business leader and kind human being. While I didn’t know Scott, I had the opportunity to spend time with Patrick on numerous occasions and was always impressed with his business sophistication combined with a degree of humility that I have rarely seen in this industry. The Clarke family has been a leader in helping advisors better serve the investor and I know that Patrick’s legacy will be built upon by Eric and Todd and the rest of the Northstar team.

My deepest condolences to the whole Northstar group and especially the Clarke family. It was a true privilege to have known and spent time with Patrick Clarke!

Maria Marsala

Maria Marsala

February 8, 2013 — 9:43 AM

Brooke, Did Mr. Clarke work at Reynolds Securities before going to DWR?

Jim Starcev

Jim Starcev

February 15, 2013 — 7:07 PM

I did have the honor to meet Patrick. He was a great guy. His passing was a loss to our community. NorthStar is a great company, I am sure his family and employees will continue to succeed.



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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

CLS Investments, LLC
Top Executive: Todd Clarke

Gemini Fund Services, LLC
Financial Planning Software
Top Executive: Andrew Rogers

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