Threshold Group, LLC (Seattle)

Name: Threshold Group, LLC
Address: 1415 Western Avenue, Seattle, WA, 98101
Telephone: 206-748-3670

Threshold Group, LLC is a large advisory firm based in Seattle. It manages $3.36 billion of regulatory assets for 1,400 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.

Threshold Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Threshold Group: assets under management

The assets under management (AUM) of Threshold Group, LLC is $3.36 billion. The firm's AUM has grown by 241% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.48 billion in discretionary accounts and $1.88 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.57 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.1 million.

Threshold Group has custody of $936.28 million in cash and securities for 59 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Threshold Group, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Threshold Group, LLC

Edward Matthew Lazar has been acting as President since 1 Feb 2001. Ronald Gerard Albahary has served as the Chief Investment Officer since 1 Aug 2011. Jason Michael Ewasko joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Ford Russell	Member	1 Jan 1999	Other	407553
Edward Matthew Lazar	President	1 Feb 2001	Other	1340920
Richard Ford Russell	Member	1 Oct 2003	Other	4744164
Dion Russell Rurik	Member	1 Oct 2003	Other	4744165
Eric Arthur Russell	Member	1 Oct 2003	Other	1823278
Sarah Jane Cavanaugh	Member	1 Oct 2003	Other	4744167
Jileen Marie Russell	Member	1 Oct 2003	Other	5656783
Greg William Rurik	Member	1 Oct 2003	Other	5656784
Marsha Jeanine Russell	Member	1 Oct 2003	Other	5656785
Timothy Patrick Cavanaugh	Member	1 Oct 2003	Other	5656786
Cheryl Lynn Karboski	Chief compliance officer	1 Jan 2004	Other	4771417
Jane T. Russell Credit Trust	Member	1 Oct 2005	Other	91-6568753
James Hamilton Morton	Trustee, jane t. russell credit trust	1 Oct 2005	Other	2057643
Cathy Jo Reeves	Chief operating officer	1 Nov 2005	Other	5313942
Lee P Miller	Vice president	1 Nov 2005	Other	2520290
Jr. Family Trust The 1998 George F. Russell	Member	1 Dec 2005	Other	91-6467000
James Hamilton Morton	Trustee, the 1998 george f. russell, jr. family trust	1 Dec 2005	Other	2057643
David Adam Rosenberg	Chief investment officer	1 Jan 2008	Other	1089223
Elizabeth Keenan Brazas	Chief client service officer	1 Jun 2008	Other	2889052
2006 Threshold Return Of Capital Trust	Member	1 Jan 2009	50% - 75%	20-7164788
James Hamilton Morton	Trustee, 2006 threshold return of capital trust	1 Jan 2009	50% - 75%	2057643
Edward Matthew Lazar	Trustee, 2006 threshold return of capital trust	1 Jan 2009	50% - 75%	1340920
Rt Management Llc	Managing member	1 Apr 2010	75% - 100%	27-2315076
Llc Ashbridge Investment Management	Member	1 Apr 2010	Other	111190
Joseph William Knott	Chief relationship officer	1 Apr 2010	Other	3113461
Ernest M. Ankrim	Chief investment officer	1 Oct 2010	Other	4547983
Daneen Elizabeth Downey	Chief compliance officer	1 Mar 2011	Other	4758790
John Joseph Canning	Chief compliance officer	1 Jul 2011	Other	2372442
Ronald Gerard Albahary	Chief investment officer	1 Aug 2011	Other	2096826
Philip Thomas Platt	Managing director of operations	1 Aug 2011	Other	4811718
Jason Michael Ewasko	Chief compliance officer	1 Mar 2014	Other	4622799

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Various Trusts Under Charles B Grace	Shareholder	1 Jan 1993	75% - 100%	23-0684910
Charles Brown Grace	Trustee	1 Jan 1993	25% - 50%	4363444
Eugene G Grace Iii	Trustee	1 Jan 1993	25% - 50%	4363602
James Brewster Grace	Trustee	1 Jan 1993	25% - 50%	4363606
Michael D Grace	Trustee	1 Jan 1993	25% - 50%	4363610
2006 Threshold Return Of Capital Trust	Managing member	1 Apr 2010	50% - 75%	20-7164788

Based in Seattle

The principal office where Threshold Group, LLC performs its advisory services is located at 1415 Western Avenue, Seattle, WA 98101, which is also the mailing address of the firm. An additional office of the firm is in Philadelphia, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-748-3670 or by fax 206-623-2065. The normal business hours are 8:00am - 5:00pm pst on Monday - Friday. You can find more information about the New York firm at thresholdgroup.com.