{"url":"https://nivawealth.com/firms/russell-investments-implementation-services-329","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/329","regulatoryAum":81091385383,"crd":"329","secFileNumber":"801-60335","legalName":"Russell Investments Implementation Services, LLC","displayName":"Russell Investments Implementation Services","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":"13 June 2001","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":569,"advisory":115,"brokerDealerReps":205,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":81091385383,"discretionaryAccounts":146,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":8,"nonAumClients":65},"clientTypes":[{"label":"Pooled investment vehicles","clients":38,"regulatoryAum":231395173},{"label":"Pension and profit-sharing plans","clients":30,"regulatoryAum":18810930601},{"label":"Charitable organizations","clients":14,"regulatoryAum":9560182984},{"label":"State or municipal government entities","clients":24,"regulatoryAum":52053240717},{"label":"Other investment advisers","clients":10,"regulatoryAum":232338433},{"label":"Insurance companies","clients":2,"regulatoryAum":203297475}],"fees":[],"feeNotes":[],"custodians":[{"name":"Jpmorgan Chase & Co.","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":7876712631},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":22295821138},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":21001449907},{"name":"The Bank of New York Mellon Corporation","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":26506256851}],"custodyNote":"Russell Investments Implementation Services has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Katherine Anne El-Hillow","title":"Director; President; Chief Investment Officer","crd":"4889284"},{"name":"Amy Elizabeth Curran","title":"US Adviser Chief Compliance Officer","crd":"4876594"},{"name":"Cheryl Beth Wichers","title":"Broker-Dealer Chief Compliance Officer","crd":"3232164"},{"name":"Jason Abram Lenzo","title":"Director","crd":"2972909"},{"name":"Aaron Alexander Ostrovsky","title":"Director","crd":"7851945"},{"name":"Mark David Paltrowitz","title":"Chief Risk Officer","crd":"2787627"},{"name":"David Andrew Siegel","title":"Financial and Operations Principal","crd":"7440274"},{"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":"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":"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":"Russell Investments Cayman Midco, Limited","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":79,"otherAdviserReps":79,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Commissions","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","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"U.S. government/agency bonds","percent":4},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":76},{"label":"Securities issued by registered investment companies or business development companies","percent":3},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"2 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/329/PDF/329.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 Implementation Services have?","answer":"Russell Investments Implementation Services has 118 clients and manages $81.1 billion for them, as of September 2026. They include 38 pooled investment vehicles, 30 pension and profit-sharing plans and 24 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Russell Investments Implementation Services offer?","answer":"Russell Investments Implementation Services provides portfolio management for pooled vehicles, portfolio management for institutions and other activities.","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 Implementation Services use?","answer":"Russell Investments Implementation Services’ separately managed account assets are held at The Bank of New York Mellon Corporation (New York, NY), with $26,506,256,851, The Northern Trust Company (Chicago, IL), with $22,295,821,138, State Street Bank and Trust Company (Boston, MA), with $21,001,449,907 and Jpmorgan Chase & Co. (New York, NY), with $7,876,712,631. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Russell Investments Implementation Services have?","answer":"Russell Investments Implementation Services 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 Investments Implementation Services invest in?","answer":"At the end of its last fiscal year, Russell Investments Implementation Services’ separately managed accounts held 76% derivatives, 9% cash and equivalents, 7% exchange-traded equities, 4% U.S. government and agency bonds, 3% registered funds (mutual funds, ETFs, BDCs) and 1% high-yield corporate bonds. It advises no private funds of its own.","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 Implementation Services?","answer":"Russell Investments Implementation Services is owned through a chain of holding companies by Ta Xii-A Eu Aiv, L.P. and Russell Investments Cayman Midco, Limited. Its direct owners are Russell Investments US Institutional Holdco, Inc. (75% or more) and Russell Investments Group, LTD. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 2 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Russell Investments Implementation Services get paid?","answer":"Russell Investments Implementation Services is paid through a percentage of assets under management, fixed fees, commissions, performance-based fees and other arrangements.","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."}