Threshold Group, LLC (Seattle)


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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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.