Threshold Group, the family-owned wealth management firm, has moved its East Coast offices to a new building in Philadelphia.

The firm’s East Coast office comprises a dozen associates offering services including investment, legacy and financial planning. The move comes about 16 months following its acquisition of Ashbridge Investment Management.

In Philadelphia, Threshold is now located at the thirty-fifth floor of the Two Liberty building and is led by Dan Geary as managing director. Geary joined the company in 2010 during the acquisition process. It has further offices in Gig Harbor, Washington; Seattle, Washington; and Portland, Oregon.

Threshold was founded by the Russell family to cater to families and family foundations, shortly after the Russell company was acquired by Northwestern Mutual in 1999. Although wholly-owned by its founding family, it extended its services to other families in 2003 and presently oversees $2.9 billion in assets.