Broadcom’s Nicholas Sets Up Personal Office in Aliso Viejo’s Summit
By ANDREW SIMONS
Broadcom Corp. Chief Executive Henry Nicholas has taken out space in the Summit Office Campus at Aliso Viejo.
A spokesman for Nicholas said the 5,000 to 6,000 square feet of space is set to house the executive’s household staff, which had been based in his mansion in Laguna Niguel’s Nellie Gale.
Other sources say the office could serve as a hub for all of Nicholas’ personal affairs, including household business, investments and chartable giving.
Nicholas is looking to keep a low profile at 15 Enterprise Drive, which is next to Buy.com Inc.’s headquarters.
A sign outside the building welcoming tenants Chevy Chase Bank, Arthur J. Gallagher Insurance Services and others has a notable gap where Nicholas’ listing was before the chip executive reportedly asked that it be removed, a source said.
In the building’s parking garage, two spaces are reserved for “Nicholas Enterprises.” On the building’s first floor directory, the office is listed as “The Nicholas Endowment.”
The office features deep wood floors, high ceilings and hilltop views of South County. Last week, the office’s wiring was being put in and furniture boxes were sitting in the foyer.
One money manager speculated that Nicholas’ investments will be a focus of the new office.
Some of Nicholas’ assets are said to be handled by the Irvine Spectrum office of myCFO Inc., a 2-year-old, Mountain View-based money manager started by Netscape Communications founder Jim Clark.
The firm counts some 350 wealthy clients in all with an average of more than $90 million under advisement. Some personnel from myCFO reportedly have gone to Nicholas’ new office to install software on some of the computers, according to a source.
Daniel D. Williams contributed to this story.
