Russell Investments Capital, LLC is a large advisory firm based in Seattle. It manages $16.98 billion of regulatory assets for 36 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, New York, and Washington.
Russell Investments Capital provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Russell Investments Capital, LLC is $16.98 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 563% since the beginning of its operation, and $297.45 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Russell Investments Capital, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Herschel Victor Leverett is pooled investment vehicles with 25 clients and $11.61 billion of assets under management. Among the 6 most similar advisory firms, Russell Investments Capital has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $13.12 billion for 32 clients. 12% of the firm’s clients are foreign persons or businesses.
Russell Investments Capital also advises several private funds. Namely, twenty nine hedge funds and four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 74 people that are either part- or full-time employees. 66 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Herschel Victor Leverett has been acting as President since 1 Nov 2007. Peter J Gunning joined the executive team most recently as the Director.
The principal office where Russell Investments Capital, LLC performs its advisory services is located at 1301 Second Avenue, 18 Th Floor, Seattle, WA 98101, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 206-505-7877. The normal business hours are 8:00 am - 5:00 pm pst on Monday - Friday. You can find more information about the New York firm at russellinvestments.com/.