Edward M. Lazar

Ed Lazar, Vice Chair, President, Threshold Group, LLC

Ed Lazar, president of The Threshold Group, an MFO that serves families worth more than $200 million, says MFOs within big institutions offer global reach, a wide product lineup and extensive staff.On the other hand, a boutique offers more intimate and personalized service, he says.

"We all have talked about this phenomenon coming," says Ed Lazar, president of Threshold Group, which is a multi-family office in Gig Harbor, Wash., that grew from the family office started by Frank Russell.
...
But Lazar and others say it's unclear how long such an evolution would take and which business model will prevail."There will be a shakeout of how many models there might be, but probably three or four different ways may emerge," he says.
...
"We'll see acquisitions and mergers without a doubt," Lazar says.
...
Livergood and Lazar both say competition for acquisitions is as much a talent grab as it is to grow in assets.
...
"It's easier to buy a set of relationships and bring them into a new firm with scale and processes," Lazar says.

Ed Lazar, Vice-ChairPresident, Threshold Group, LLC

- Edward M. Lazar, President, Threshold Group

When the company sold, "the Russell family realized that they risked being consumed by the business of managing wealth, rather than pursuing the ambitions that meant the most to them," said TTG President Ed Lazar.

To simplify the demands on time and energy, they created an office to serve the Russell family and The Russell Family Foundation.In addition to more traditional areas of wealth management, the staff took on challenges that ranged from handling Jane Russell's estate to overseeing construction of the 60,000-square-foot Russell Family Foundation Building in Gig Harbor, Washington, where TTG offices are housed.

As these services came together, the Russells "saw benefits in their lives and realized there was a business opportunity to reach families in similar situations," Lazar said.
...
Contact: The Threshold Group, Gig Harbor Kristen Powers, 253-857-1610 kpowers@thresholdgroup.com Ed Lazar, 253-857-1601 elazar@thresholdgroup.com

Across the continent, Edward M. Lazar heads The Threshold Group, a Gig Harbor, Wash.-based company that provides integrated wealth management and family office services.Lazar suggests that our family described above should carefully consider the impact of its new status - nothing left but the cash - on its self-perceptions.
...
As these questions are addressed, Lazar says, strategies and mechanisms for actually managing the money will start to emerge.
...
Of these three highly qualified financial professionals, Cregg in Boston, Lazar in Gig Harbor and Martin in Winston-Salem, not a one led off his offer of advice with a list of stocks to buy.

Ed Lazar
...
Ed Lazar

The firmly entrenched West Coast multi-family office, headed by president Ed Lazar, expanded out of its Gig Harbor, Wash. locale into its first Manhattan location.

Ed Lazar, President;
...
Ed Lazar President Ed has more than 20 years of experience managing wealth for families of significant means.Prior to taking overall responsibility for Threshold Group's integrated wealth management services, he served as a partner in Arthur Andersen's Family Wealth Planning practice and headed a regional tax services group of some 65 professionals.His experience is particularly deep in estate and income tax planning, investment advisory services, and the complex governance and succession issues of family-owned enterprises.He is a Certified Public Accountant, Personal Financial Specialist and advisory representative.BS/BA, Valparaiso University. > Back to the Top