# Russell Investments

> Russell Investments is an SEC-registered investment advisory firm in Seattle, WA, registered since 1999, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 37550
- Filed as: RUSSELL INVESTMENTS
- Legal name: Russell Investments Capital, LLC
- Also doing business as: RUSSELL INVESTMENTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/37550
- AdvisorCensus page: https://advisorcensus.com/firm/russell-investments-seattle-wa-37550

## Quick answers

**How is Russell Investments compensated?**
On its Form ADV (Item 5.E, October 2026), Russell Investments reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Russell Investments located?**
Russell Investments' principal office is in Seattle, WA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Russell Investments registered with the SEC or a state?**
Russell Investments is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 37550.

**How much does Russell Investments manage?**
Russell Investments reports $35,029,180,603 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Russell Investments' assets and staff changed since 2021?**
In the Form ADV data for Russell Investments: Regulatory assets under management: $21,958,916,213 in the October 2021 data and $35,029,180,603 in the October 2026 data, up 60%. Total employees: 70 in October 2021 and 580 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Russell Investments serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (53); pension and profit sharing plans (but not the plan participants or government pension plans) (37); state or municipal government entities (including government pension plans) (5).

**Which custodians does Russell Investments use?**
Russell Investments' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Brown Brothers Harriman, Northern Trust and State Street Bank as custodians holding 10% or more of its separately managed account assets.

**Does Russell Investments report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/37550

**What changed in Russell Investments' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 135 to 126. Regulatory assets under management went from $27,218,321,292 to $35,029,180,603 (+29%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Brown Brothers Harriman
- Northern Trust
- State Street Bank

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $35,029,180,603
- Discretionary: $35,029,180,603
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 53 | $21,955,474,213 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 37 | $12,697,235,624 |
| Charitable organizations | 3 | $0 |
| State or municipal government entities (including government pension plans) | 5 | $0 |
| Other investment advisers | 1 | $0 |
| Insurance companies | 1 | $220,443,211 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $0 |
| Other | 4 | $156,027,555 |

### Advisory services (Item 5.G)
- 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)

### Firm details
- Registered since: 1999 (27 years)
- Employees: 580 total, 126 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- russellinvestments.com
- Facebook @61560293070023
- Instagram @russell.invest
- LinkedIn @russell-investments
- Threads @russell.invest
- TikTok @russellinvestments
- X @russell_invest
- YouTube @russellinvestments

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $21,958,916,213 | 70 | August 12, 2021 |
| October 2022 | $21,270,223,999 | 136 | July 13, 2022 |
| October 2023 | $20,678,685,059 | 667 | June 30, 2023 |
| October 2024 | $23,026,995,111 | 656 | July 30, 2024 |
| October 2025 | $27,218,321,292 | 602 | July 21, 2025 |
| October 2026 | $35,029,180,603 | 580 | March 31, 2026 |

Regulatory assets under management: $21,958,916,213 in the October 2021 data and $35,029,180,603 in the October 2026 data, up 60%.
Total employees: 70 in October 2021 and 580 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 135 to 126.
- Regulatory assets under management went from $27,218,321,292 to $35,029,180,603 (+29%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Russell Investments (CRD 37550): Form ADV filing data as of October 2026.