{"url":"https://nivawealth.com/firms/russell-investment-management-105734","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105734","regulatoryAum":68603687893,"crd":"105734","secFileNumber":"801-17141","legalName":"Russell Investment Management, LLC","displayName":"Russell Investment Management","website":null,"founded":null,"organization":"Washington limited liability company","fiscalYearEnd":"December","headquarters":{"street":"401 Union Street, 18th Floor","city":"Seattle","state":"WA","stateName":"Washington","country":"United States","postalCode":"98101"},"tradeNames":["Russell Investments"],"registration":{"secApproved":"21 May 1982","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":569,"advisory":115,"brokerDealerReps":205,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":68376577016,"discretionaryAccounts":6123,"nonDiscretionary":227110877,"nonDiscretionaryAccounts":476,"wrapProgram":0,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"Investment companies","clients":58,"regulatoryAum":62450610637},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":1722910841},{"label":"Pension and profit-sharing plans","clients":1,"regulatoryAum":65317305},{"label":"Other investment advisers","clients":11,"regulatoryAum":4364849110},{"label":"Insurance companies","clients":1,"regulatoryAum":0}],"fees":[],"feeNotes":[],"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":819158673},{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":2592370309}],"custodyNote":"Russell Investment Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Katherine Anne El-Hillow","title":"Director; President; Chief Investment Officer","crd":"4889284"},{"name":"Scott Bowen","title":"Chief Financial Officer","crd":"2755021"},{"name":"Amy Elizabeth Curran","title":"Chief Compliance Officer","crd":"4876594"},{"name":"Vernon Barback","title":"Director","crd":"4347165"},{"name":"Mark David Paltrowitz","title":"Chief Risk Officer","crd":"2787627"},{"name":"Howard Brian Surloff","title":"Director","crd":"7525747"}],"ownership":[{"label":"Russell Investments US Retail Holdco, Inc.","detail":"Owner in the 75% or more ownership band and a control person, since June 2016."},{"label":"Emerald Acquisition Limited","detail":"Indirect owner: a owner of Russell Investments US Retail Holdco, Inc. in the 75% or more band and a control person, since June 2016.","parent":"Russell Investments US Retail Holdco, Inc."},{"label":"Russell Investments Group, LTD.","detail":"Indirect owner: a owner of Russell Investments Cayman Midco, LTD in the 75% or more band and a control person, since September 2016.","parent":"Russell Investments Cayman Midco, LTD"},{"label":"Ta Xii-A Eu Aiv, L.P.","detail":"Indirect owner: a shareholder of Russell Investments Group, LTD. in the 25% to 50% band and a control person, since September 2016.","parent":"Russell Investments Group, LTD."},{"label":"Russell Investments Cayman Midco, LTD","detail":"Indirect owner: a owner of Emerald Acquisition Limited in the 75% or more band and a control person, since June 2016.","parent":"Emerald Acquisition Limited"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"575 Fifth Avenue","city":"New York"}]},{"state":"Washington","offices":1,"addresses":[{"street":"401 Union Street, 18th Floor","city":"Seattle","headquarters":true}]},{"state":"Wisconsin","offices":1,"addresses":[{"street":"833 East Michigan Street","city":"Milwaukee"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"206-505-7877","stateRegisteredReps":79,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":93},{"label":"Securities issued by registered investment companies or business development companies","percent":4},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":2},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":1},"sources":{"adv1FilingDate":"1 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105734/PDF/105734.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Russell Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Russell Investment Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Russell Investment Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Russell Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Russell Investment Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Russell Investment Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Russell Investment Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}