{"url":"https://nivawealth.com/firms/russell-investments-capital-37550","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/37550","regulatoryAum":35029180603,"crd":"37550","secFileNumber":"801-56576","legalName":"Russell Investments Capital, LLC","displayName":"Russell Investments Capital","website":"https://russellinvestments.com","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":"8 June 1999","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":580,"advisory":126,"brokerDealerReps":206,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":35029180603,"discretionaryAccounts":116,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":18,"nonAumClients":40},"clientTypes":[{"label":"Pooled investment vehicles","clients":53,"regulatoryAum":21955474213},{"label":"Pension and profit-sharing plans","clients":37,"regulatoryAum":12697235624},{"label":"Charitable organizations","clients":3,"regulatoryAum":0},{"label":"State or municipal government entities","clients":5,"regulatoryAum":0},{"label":"Other investment advisers","clients":1,"regulatoryAum":0},{"label":"Insurance companies","clients":1,"regulatoryAum":220443211},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":0},{"label":"Other","clients":4,"regulatoryAum":156027555}],"fees":[],"feeNotes":[],"custodians":[{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":5002285013},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":3325541190},{"name":"Brown Brothers Harriman & Co.","shortName":"Brown Brothers Harriman &","location":"New York, NY","smaAssets":4721363071}],"custodyNote":"Russell Investments Capital has custody of $1.17B for 3 clients.","otherCustodians":[],"leadership":[{"name":"Herschel Leverett","title":"Director; President","crd":"2623408"},{"name":"Scott Bowen","title":"Chief Financial Officer","crd":"2755021"},{"name":"Amy Elizabeth Curran","title":"Chief Compliance Officer","crd":"4876594"},{"name":"Katherine Anne El-Hillow","title":"Director","crd":"4889284"},{"name":"Mark David Paltrowitz","title":"Chief Risk Officer","crd":"2787627"},{"name":"Lisa Schneider","title":"Director","crd":"2415999"},{"name":"Howard Brian Surloff","title":"Chief Legal Officer","crd":"7525747"}],"ownership":[{"label":"Russell Investments US Institutional 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 Institutional Holdco, Inc. in the 75% or more band and a control person, since June 2016.","parent":"Russell Investments US Institutional 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":1,"privateResidences":0},"listedOfficeAddresses":2,"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}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"206-505-7877","stateRegisteredReps":80,"otherAdviserReps":80,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":64},{"label":"U.S. government/agency bonds","percent":6},{"label":"Investment grade corporate bonds","percent":10},{"label":"Derivatives","percent":9},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":6},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":43},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/37550/PDF/37550.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 Investments Capital have?","answer":"Russell Investments Capital has 105 clients and manages $35 billion for them, as of March 2026. They include 53 pooled investment vehicles, 37 pension and profit-sharing plans and 5 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Russell Investments Capital offer?","answer":"Russell Investments Capital provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting 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 Investments Capital use?","answer":"Russell Investments Capital’s separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $5,002,285,013, Brown Brothers Harriman & Co. (New York, NY), with $4,721,363,071 and The Northern Trust Company (Chicago, IL), with $3,325,541,190. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Russell Investments Capital have?","answer":"Russell Investments Capital has 80 investment adviser representatives registered with state securities authorities, out of 580 employees, and 126 perform investment advisory functions. 206 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 Investments Capital invest in?","answer":"At the end of its last fiscal year, Russell Investments Capital’s separately managed accounts held 64% exchange-traded equities, 10% investment grade corporate bonds, 9% derivatives, 6% U.S. government and agency bonds, 6% pooled vehicles (private funds and similar), 4% cash and equivalents and 1% registered funds (mutual funds, ETFs, BDCs). It advises 43 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 Investments Capital?","answer":"Russell Investments Capital is owned through a chain of holding companies by Ta Xii-A Eu Aiv, L.P. Its direct owner is Russell Investments US Institutional Holdco, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Russell Investments Capital get paid?","answer":"Russell Investments Capital 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."}