Russell Investment Management, Llc
SEC-registered
Mutual Fund / Asset Manager · Large ($10B–$100B)
CRD 105734
· SEC file 801-17141
· Seattle, WA
· www.youtube.com
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ADV data as of Apr 01, 2026
- Regulatory AUM
- $68.6B
- Discretionary
- $68.4B
- Clients
- 72
- Avg AUM / client
- $953M
- Accounts
- 6,599
- Employees
- 569
AUM over time
$35.5B
$68.6B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Apr 01, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 58 | $62.5B | 91.0% |
| Pooled investment vehicles (non-investment companies) | 1 | $1.7B | 2.51% |
| Pension and profit sharing plans | 1 | $65.3M | 0.1% |
| Other investment advisers | 11 | $4.4B | 6.36% |
| Insurance companies | 1 | $0 | — |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $1.7B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Us Cash Management Fund | Liquidity Fund | Washington | $1.5B | 29 |
| Us Cash Collateral Fund | Liquidity Fund | Washington | $244M | 46 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| The Southern California Edison Company Retirement Plan Southern California Edison Company | Rosemead, CA | 2024 |
People (80)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| El Hillow, Katherine Anne | Director; President; Chief Investment Officer | May 2021 (5y) | Less than 5% | |
| Barback, Vernon, Richard | Director | Oct 2022 (4y) | Less than 5% | |
| Surloff, Howard Brian | Director | Feb 2023 (4y) | Less than 5% | |
| Mortensen, Peter | Chief Risk Officer | Jun 2023 (3y) | Less than 5% | |
| Curran, Amy Elizabeth | Chief Compliance Officer | Mar 2024 (2y) | Less than 5% | |
| Bowen, Scott, Spencer | Chief Financial Officer | Sep 2024 (2y) | Less than 5% | |
| Troy Vernon Espeseth | Registered representative | Jul 2005 (21y) | ||
| Cheryl Beth Wichers | Registered representative | Nov 2005 (21y) | ||
| Justin R Greene | Registered representative | Jan 2006 (21y) | ||
| Scottland Carl Jacobson | Registered representative | Jan 2006 (21y) | ||
| Ryan Lee Dooyema | Registered representative | Jan 2006 (21y) | ||
| Sara Marie Schumacher | Registered representative | May 2006 (20y) | ||
| Sean Patrick Ryan | Registered representative | Nov 2006 (20y) | ||
| Brad Edward Jung | Registered representative | Jun 2007 (19y) | ||
| Ashley Wei Ormond | Registered representative | Aug 2007 (19y) | ||
| Timothy Joseph Halverson | Registered representative | Sep 2007 (19y) | ||
| George Philip Lynch | Registered representative | Oct 2007 (19y) | ||
| Joseph Michael Mcnally | Registered representative | Nov 2007 (19y) | ||
| Daniel Ray Hodo | Registered representative | Dec 2007 (19y) | ||
| Michael Blair Smith | Registered representative | Mar 2008 (18y) | ||
| Todd Matthew Ziesemer | Registered representative | Jun 2008 (18y) | ||
| Stephen Nathaniel Bottcher | Registered representative | Jun 2008 (18y) | ||
| William Carmine O'malley | Registered representative | Jul 2008 (18y) | ||
| Paul Stephen Izzo | Registered representative | Jul 2009 (17y) | ||
| Matthew James Weber | Registered representative | Jan 2010 (17y) | ||
| Stephen Edward Krezinski | Registered representative | Apr 2010 (16y) | ||
| Chad William Balcom | Registered representative | Apr 2010 (16y) | ||
| Thomas John Flynn | Registered representative | Jan 2011 (16y) | ||
| Ryan Pogodzinski | Registered representative | Jun 2011 (15y) | ||
| Jeffrey Robert Greiber | Registered representative | Feb 2012 (14y) | ||
| Sophie Charlotte Natalie Antal Gilbert | Registered representative | Mar 2012 (14y) | ||
| Jesse Ryan Davidson | Registered representative | Jun 2012 (14y) | ||
| Ryan Joel Katona | Registered representative | Aug 2013 (13y) | ||
| Jeffrey Allan Christiansen | Registered representative | Jul 2014 (12y) | ||
| Jayson David Leach | Registered representative | Oct 2014 (12y) | ||
| Austin Michael O'neill | Registered representative | Feb 2015 (11y) | ||
| Adam Richard Burleson | Registered representative | Aug 2015 (11y) | ||
| Martin Patrick Roche | Registered representative | Nov 2015 (11y) | ||
| Derek Jeremy Olson | Registered representative | Dec 2015 (11y) | ||
| Georges J Wakim | Registered representative | Nov 2017 (9y) | ||
| Joseph W Gaudreau | Registered representative | Nov 2017 (9y) | ||
| Billie Joan Christiansen | Registered representative | Jan 2018 (9y) | ||
| John G Ahlers | Registered representative | Apr 2018 (8y) | ||
| William Courtney Cain | Registered representative | Aug 2018 (8y) | ||
| Alexandra Elizabeth Shei | Registered representative | Oct 2018 (8y) | ||
| Tina Marie Downing | Registered representative | Oct 2018 (8y) | ||
| Jacob Straseske | Registered representative | Dec 2018 (8y) | ||
| Derek Hart | Registered representative | Dec 2018 (8y) | ||
| Roman Jourdain Samuels | Registered representative | May 2019 (7y) | ||
| Dawn L Lewis | Registered representative | Jun 2019 (7y) | ||
| Kevin Thomas Carl Nielsen | Registered representative | Jul 2019 (7y) | ||
| Kevin Mc Auliffe | Registered representative | Aug 2019 (7y) | ||
| Richard James Cartledge | Registered representative | Apr 2020 (6y) | ||
| Bradley Michael Reinke | Registered representative | Jul 2020 (6y) | ||
| Michael Henry Gavan | Registered representative | Sep 2020 (6y) | ||
| Lamuweri Nasani Guluka | Registered representative | Apr 2021 (5y) | ||
| Alexander Michael Russo | Registered representative | May 2021 (5y) | ||
| Michael Connor Callahan | Registered representative | Oct 2022 (4y) | ||
| Jacob Clark Kelderman | Registered representative | Mar 2023 (3y) | ||
| Rilus James Nichols | Registered representative | Jun 2023 (3y) | ||
| Gregory Thomas Grocholski | Registered representative | Nov 2023 (3y) | ||
| Luke David Henricks | Registered representative | Nov 2023 (3y) | ||
| Jennifer Ann Milbrath | Registered representative | Feb 2024 (2y) | ||
| Tyler Kust | Registered representative | Apr 2024 (2y) | ||
| Jenna Katherine Snittjer | Registered representative | May 2024 (2y) | ||
| John Clancy Roche | Registered representative | CFP | May 2024 (2y) | |
| Jarred Taylor Schmitz | Registered representative | Jun 2024 (2y) | ||
| Kyle Hoeppner | Registered representative | Jun 2024 (2y) | ||
| Thomas Dunbar Andersen | Registered representative | Aug 2024 (2y) | ||
| Runya Nie | Registered representative | Aug 2024 (2y) | ||
| Jack Henry Fischer | Registered representative | Sep 2024 (2y) | ||
| Noah De Groot | Registered representative | Jan 2025 (2y) | ||
| Tracy Leigh Billings | Registered representative | Jan 2025 (2y) | ||
| Claire Katherine Hemmelgarn | Registered representative | Apr 2025 (1y) | ||
| William Joseph King | Registered representative | Apr 2025 (1y) | ||
| Michael Steven Roth | Registered representative | CFA | May 2025 (1y) | |
| Sean Robert Walker | Registered representative | Jun 2025 (1y) | ||
| Joseph Patrick Reitmeyer | Registered representative | Aug 2025 (1y) | ||
| Nolan Lane Olszewski | Registered representative | Sep 2025 (1y) | ||
| Emily Lillian Steinbarth | Registered representative | May 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Russell Investments Us Retail Holdco, Inc. | Owner | Jun 2016 | A | 75% or more |
| Russell Investments Group, Ltd. | Owner | Sep 2016 | B | ≈ 31.64% – 100% via Russell Investments Cayman Midco, Ltd |
| Emerald Acquisition Limited | Owner | Jun 2016 | B | ≈ 56.25% – 100% via Russell Investments Us Retail Holdco, Inc. |
| Russell Investments Cayman Midco, Ltd | Owner | Jun 2016 | B | ≈ 42.19% – 100% via Emerald Acquisition Limited |
| Ta Xii A Eu Aiv, L.P. | Shareholder | Sep 2016 | B | ≈ 7.91% – 50% via Russell Investments Group, Ltd. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Russell Investments Group, Ltd.: 75% – 100% of Russell Investments Cayman Midco, Ltd × 75% – 100% of Emerald Acquisition Limited × 75% – 100% of Russell Investments Us Retail Holdco, Inc. × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Emerald Acquisition Limited: 75% – 100% of Russell Investments Us Retail Holdco, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Russell Investments Cayman Midco, Ltd: 75% – 100% of Emerald Acquisition Limited × 75% – 100% of Russell Investments Us Retail Holdco, Inc. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Ta Xii A Eu Aiv, L.P.: 25% – 50% of Russell Investments Group, Ltd. × 75% – 100% of Russell Investments Cayman Midco, Ltd × 75% – 100% of Emerald Acquisition Limited × 75% – 100% of Russell Investments Us Retail Holdco, Inc. × 75% – 100% direct ≈ 7.91% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $1.7B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Us Cash Management Fund | Liquidity Fund | $1.5B | $0 | 29 |
| Us Cash Collateral Fund | Liquidity Fund | $244M | $0 | 46 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| The Southern California Edison Company Retirement Plan | Southern California Edison Company | 8,726 | $4.7B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/01/2026 | 2.71 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Regulatory · Item 11.D(2)
as of Oct 03, 2024
Allegations: VIOLATION OF THE SHORT SALE RESTRICTION PROVISIONS IN THE FINANCIAL INVESTMENT SERVICES AND CAPITAL MARKETS ACT. Status: Final Sanction Detail: KRW 15,450,000 FINE PLUS FEES WAS PAID BY RUSSELL INVESTMENTS ON AUGUST 9TH, 2017. THE AMOUNT LISTED IN 12.A. ABOVE IS THE APPROXIMATE US DOLLAR AMOUNT OF KRW 15 MILLION AS OF JULY 24TH, 2017. Summary: ON JUNE 15, 2017, THE SECURITIES AND FUTURES COMMISSION OF KOREA DETERMINED TO IMPOSE A KRW 15 MILLION FINE ON RUSSELL INVESTMENT MANAGEMENT, LLC, FOR NEGLIGENCE FOR VIOLATION OF SHORT SALE RESTRICTIONS OF ARTICLE 180(1) OF THE FINANCIAL INVESTMENT SERVICES AND CAPITAL MARKETS ACT.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • % OF REVENUE/INTRACOMPANY AGRMTS AND % OF ASSETS/ADVSMT
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- American Enterprise Investment Services Inc. $9.6B (15% of AUM) Sep 2025
- Pershing $2.6B (4% of AUM) Apr 2026
- Cibc Mellon Trust Company $2.3B (5% of AUM) Mar 2019
- BNY Mellon $996M (2% of AUM) Mar 2018
- National Financial Services (Fidelity) $819M (1% of AUM) Apr 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 01, 2026.
View current Form ADV (SEC/IAPD) ↗