Clients
Russell Investment Management serves 72 clients, 58 of them investment companies. The average client has about $953 million with the firm.
- Investment companies58 clients91%
- Pooled investment vehicles1 clients3%
- Other investment advisers11 clients6%
- Pension and profit-sharing plans1 clients0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 58 | $62,450,610,637 | 91.0% | $1.08B |
| Pooled investment vehicles | 1 | $1,722,910,841 | 2.5% | $1.72B |
| Pension and profit-sharing plans | 1 | $65,317,305 | 0.1% | $65.3M |
| Other investment advisers | 11 | $4,364,849,110 | 6.4% | $396.8M |
| Insurance companies | 1 | $0 | 0.0% | $0 |
| Total | 72 | $68,603,687,893 | 100% | $952.8M |
- Clients
- 58
- Regulatory AUM
- $62,450,610,637
- Share
- 91.0%
- Avg. per client
- $1.08B
- Clients
- 1
- Regulatory AUM
- $1,722,910,841
- Share
- 2.5%
- Avg. per client
- $1.72B
- Clients
- 1
- Regulatory AUM
- $65,317,305
- Share
- 0.1%
- Avg. per client
- $65.3M
- Clients
- 11
- Regulatory AUM
- $4,364,849,110
- Share
- 6.4%
- Avg. per client
- $396.8M
- Clients
- 1
- Regulatory AUM
- $0
- Share
- 0.0%
- Avg. per client
- $0
Total
- Clients
- 72
- Regulatory AUM
- $68,603,687,893
- Share
- 100%
- Avg. per client
- $952.8M
What it does
Russell Investment Management provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees, performance-based fees and other arrangements.
Russell Investment Management advises 1 private funds.
99.7% of assets ($68.38B across 6,123 accounts) are managed with discretion; $227.1M across 476 accounts are not. 0% of clients are outside the U.S., and 2 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks93%
- Funds6%
- Registered funds4%
- Pooled vehicles2%
- Cash1%
Custodians
Russell Investment Management’s client accounts are held mainly at Pershing, with 4% of managed assets, and Fidelity, with 1%. Russell Investment Management has custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $819.2M1%
- PershingPershing LLC · Jersey City, NJ · $2.59B4%
- All other custodians$65.19B95%
Ownership and leadership
Russell Investments US Retail Holdco, Inc. owns 75% or more of Russell Investment Management.
- Owns 75% or more of Russell Investment Management, LLC
Russell Investments US Retail Holdco, Inc.
Control person · since June 2016
- Owns 75% or more of Russell Investments US Retail Holdco, Inc.
Emerald Acquisition Limited
Control person · since June 2016
- Owns 75% or more of Emerald Acquisition Limited
Russell Investments Cayman Midco, LTD
Control person · since June 2016
- Owns 75% or more of Russell Investments Cayman Midco, LTD
Russell Investments Group, LTD.
Control person · since September 2016
- Owns 25% to 50% of Russell Investments Group, LTD.
Ta Xii-A Eu Aiv, L.P.
Control person · since September 2016
Leadership
- Katherine Anne El-HillowDirector; President; Chief Investment Officer
- Scott BowenChief Financial Officer
- Amy Elizabeth CurranChief Compliance Officer
- Vernon BarbackDirector
- Mark David PaltrowitzChief Risk Officer
- Howard Brian SurloffDirector
Staff
- 569 employees
- 115 in advisory functions
- 79 state-registered reps
- 205 broker-dealer reps
Fees
Russell Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other.
Russell Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Russell Investment Management has 2 offices, with 3 listed addresses across 3 states.
New York · 1 listed address
- 575 Fifth Avenue, New York
Washington · 1 listed address
- 401 Union Street, 18th Floor, SeattleHQ
Wisconsin · 1 listed address
- 833 East Michigan Street, Milwaukee
Other business names
Russell Investment Management has reported 1 other business name to the SEC.
- Russell Investments
Registration details
- Legal name
- Russell Investment Management, LLC
- Headquarters
- 401 Union Street, 18th Floor, Seattle, WA 98101
- Phone
- 206-505-7877
- Website
- Not reported
- SEC file
- 801-17141
- Structure
- Washington LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Russell Investment Management have?
Russell Investment Management has 72 clients and manages $68.6 billion for them, as of April 2026. They include 58 investment companies, 11 other investment advisers and 1 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026
What services does Russell Investment Management offer?
Russell Investment Management provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Russell Investment Management use?
Russell Investment Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $2,592,370,309 and National Financial Services LLC (Boston, MA), with $819,158,673. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026
How many financial advisors does Russell Investment Management have?
Russell Investment Management has 79 investment adviser representatives registered with state securities authorities, out of 569 employees, and 115 perform investment advisory functions. 205 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Russell Investment Management invest in?
At the end of its last fiscal year, Russell Investment Management’s separately managed accounts held 93% exchange-traded equities, 4% registered funds (mutual funds, ETFs, BDCs), 2% pooled vehicles (private funds and similar) and 1% cash and equivalents. It advises 1 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Russell Investment Management?
Russell Investment Management is owned through a chain of holding companies by Ta Xii-A Eu Aiv, L.P. Its direct owner is Russell Investments US Retail Holdco, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026
How does Russell Investment Management get paid?
Russell Investment Management is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file