Threshold Appoints Managing Director - Western Region

Kristen Powers Bauer named co-leader for Threshold’s client relationships

September 10, 2010

GIG HARBOR, WA (September 10, 2010) – Threshold Group has named longtime associate and client advisor Kristen Powers Bauer as West Coast head of family office services. The new appointment aligns Bauer's supervisory responsibility more closely with clients' service needs and their geographic locations.

Bauer, who works in Threshold's West Coast office in the Seattle area, will team up with Dan Geary, her counterpart in Philadelphia. Together, the pair will oversee Threshold's comprehensive wealth management relationships with families. Their roles include co-managing the firm's relationship management staff as well as working directly with families to ensure client satisfaction and an appropriate scope of customized services. Both Bauer and Geary report to Threshold President Ed Lazar.

“Kristen has always played a vital role in how we work closely with families, and Dan brings his own longstanding and proven client relationship skills. Their working together is a natural progression for our organization as we structure ourselves to work with a select number of families across the country,” said Lazar.

Threshold offers a wide range of integrated investment and wealth services for families whose liquid assets total at least $50 million. Relationship managers team with investment advisors to provide a cohesive array of goals-based investment and financial planning, estate and tax strategies, philanthropy, wealth education, and a variety office services such as accounting and cash management.

Bauer has helped lead the development and growth of Threshold’s family office services since its inception as a single-family office in 1999. She originally was hired by Threshold's founding family, George and Jane Russell, when the Russell family sold Frank Russell Company, a global financial services firm now known as Russell Investments. Prior to joining Threshold, Bauer, a CPA, was director of finance at Medalia HealthCare in Seattle and a manager for accounting firm Arthur Andersen. She is a graduate of University of Washington in Seattle.

About Threshold Group    www.thresholdgroup.com
Threshold Group is an independent, family-owned wealth management firm that provide customized investment advisory and family office services. Threshold provides a comprehensive range of investment and family wealth services, including global asset allocation; manager selection and oversight; financial record-keeping and reporting; estate, tax, financial and philanthropic planning, and wealth education. Threshold originated in 1999 as a single-family office for the Russell family (formerly owners of Frank Russell Co.), and today employs 45 associates, serving more than 18 families in three offices, and advises on assets of $2.4 billion.