SEATTLE & PHILADELPHIA--()--Threshold Group, a financial planning and investment advisory firm for private families and family foundations, is joining the 20-20 Investment Association, a respected nonprofit group better known for attracting large, institutional pension funds and money managers. The association’s members represent more than $8 trillion in assets, and the group’s global explorations include annual meetings with top government and business leaders in economic hotspots such as Vietnam, Brazil, India and Turkey.
“These dialogues often help shape the framework for investment advice and decisions”
Threshold, a family-owned enterprise with approximately 50 family clients, four offices in the U.S., and $3 billion in assets, does not fit the typical profile of a 20-20 Association member. Large investment organizations, pension funds and formidable endowments are more common among the ranks. The current roster of 38 member firms includes Fidelity Management Research, Dodge & Cox, GE Asset Management and the Bill & Melinda Gates Foundation.
Membership in the 20-20 Association is by invitation only, and Threshold Group is one of only two family wealth management organizations in the fold. But the tie between the organizations is no mystery. Threshold and the 20-20 Association have common origins – both were founded by George F. Russell, Jr., who chaired Frank Russell Company (now Russell Investments) until he and his family sold the firm and created Threshold Group in 1999.
“This is a unique opportunity to gain investment knowledge and insight in a tangible way that very few organizations are able to achieve,” said Ron Albahary, Chief Investment Officer at Threshold Group.
As Threshold’s lead investment strategist, Albahary said he plans to participate this fall in the 20-20 Association’s trip to China.
“These dialogues often help shape the framework for investment advice and decisions,” said Christopher Bush, Executive Director of the 20-20 Association. “Our members have a remarkable ability to collaborate with senior-level decision-makers both within our membership ranks and inside the developing economies that we are fortunate enough to visit.”
20-20 Association is a non-profit association of leading global financial firms focused on evaluating investment opportunities in emerging and frontier markets.
Threshold Group / www.thresholdgroup.com / provides investment guidance, financial planning, legacy planning and family office services for families and private foundations that require a comprehensive and personalized approach to wealth advisory services.
Threshold Group is a Registered Investment Advisor. Data based on assets under advisement as of 6/30/2012.