Private fund adviser · Seattle, WA
Russell Investments
Russell Investments Capital, LLC · SEC-registered investment adviser · CRD 37550 · SEC 801-56576
At a glance
Russell Investments is an SEC-registered investment adviser based in Seattle, Washington, with $35.0 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 225th of 4,686 private fund advisers and 586th of 17,210 SEC-registered advisers by assets.
Main office 206-505-7877russellinvestments.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $35B
- Rank among private fund advisers
- #225 of 4,686
- Rank among all SEC RIAs
- #586 of 17,210
- Rank in Washington
- #4 of 271
- Clients
- 105
- Accounts
- 116
- Discretionary
- 100% of AUM
- Employees
- 580
- Advisory staff
- 126
- Offices
- 2
Owners and executives on its Form ADV
- Herschel V. LeverettDirector; President
- Lisa A. SchneiderDirector
- Katherine Anne El-HillowDirector
- Howard Brian SurloffChief Legal Officer
- Amy Elizabeth CurranChief Compliance Officer
- Scott S. BowenChief Financial Officer
- Mark David PaltrowitzChief Risk Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Russell Investments is a hybrid RIA: 206 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Russell Investments Financial Services, LLC and Russell Investments Implementation Services, LLC.
- Russell Investments Financial Services, LLC ↗CRD 21771
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
- Russell Investments Implementation Services, LLC ↗CRD 329
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 53 | $22B | 63% |
| Pension and profit sharing plans | 37 | $13B | 36% |
| Insurance companies | 1 | $220M | <1% |
| Other | 4 | $156M | <1% |
| Charitable organizations | 3 | $0M | 0% |
| State or municipal government entities | 5 | $0M | 0% |
| Other investment advisers | 1 | $0M | 0% |
| Corporations or other businesses | 1 | $0M | 0% |
Private funds
Russell Investments reports 43 private funds with $19B in gross assets: hedge funds, private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Russell Investments reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗russellinvestments.com ↗
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The full record on Russell Investments
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 468 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Russell Investments manage?
Russell Investments reports $35.0 billion in regulatory assets under management across 116 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Russell Investments?
Russell Investments is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons.
Who are Russell Investments’s clients?
By assets, its largest client types are pooled investment vehicles ($22.0 billion, 53 clients); pension and profit sharing plans ($12.7 billion, 37 clients); insurance companies ($220 million, 1 clients).
Does Russell Investments manage private funds?
Yes. It reports 43 private funds with $19.4 billion in gross assets, including hedge funds, private equity funds, other private funds.
Does Russell Investments have any disciplinary history?
Russell Investments reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Russell Investments’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →