Russell Investments FAQ

All answers shown come directly from Russell Investments Reviews and are not edited or altered.

18 English questions out of 18

8 January 2020

What is the retirement plan like at Russell Investments?

Pros

Everyone wanted to help clients and aimed for delivering the best customer service. Most people knew what they are doing. Co-workers were professional and respected each other. There were changes that were happening quickly and people did their best in adapting to the changes. Benefits were awesome: 17 PTO days to start and then you would get 22 PTO days after 4 years; had option to work remotely once a week to get a break from the awful commute into Seattle; 401k employer match was 5%, but it had a 5 year vesting schedule; and medical plans were on par with the industry.

Cons

There were many changes from ownership changes and this created uncertainty for some associates. The commute and the uncertainty were my two reasons for leaving.

Advice to Management

Keep the associates updated to changes and to stay positive.

Benefits were awesome: 17 PTO days to start and then you would get 22 PTO days after 4 years; had option to work remotely once a week to get a break from the awful commute into Seattle; 401k employer match was 5%, but it had a 5 year vesting schedule; and medical plans were on par with the industry.

8 January 2020

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14 July 2019

How are senior leaders perceived at Russell Investments?

Pros

Great culture and great leadership

Cons

performance of funds made sales difficult

Advice to Management

Keep up the great work

Great culture and great leadership

14 July 2019

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5 October 2018

What are some insights into the strategy or vision at Russell Investments?

Pros

The company comes from a rich history of innovation, strong values, community engagement, and empowering its employees.

Cons

Unfortunately, all of the pros have seemed to have vanished. Since the various changes in corporate ownership, the firm has lost its way and seems to be holding on to legacy relationships and ways of thinking, partially due to high turnover among associates but low turnover among senior management. The firm acts like a rudderless ship with no cohesive strategy and heavily reliant on consultants. Career progression has been put on the backburner as costs are continuously cut and more workload is put on fewer headcount. The ownership structure has been split into the "haves" and the "have nots" with only a portion of associates deemed deserving of the opportunity to buy into the company. Any messaging about corporate changes fall on deaf ears as it is spun by equity owners to benefit themselves. Morale has taken a hit over the past 5 years with many quality investment professionals voluntarily leaving the firm for greener pastures. Particularly in EMEA, leadership has been fairly non-existent with an absent regional CEO and incomprehensible strategy.

Advice to Management

Listen to those associates on the ground who have been at the firm for years and helped build it into what it has become. Get back to making our values a top priority and focusing on people. People used to be the company's best assets and now are just treated as a budget line item.

Particularly in EMEA, leadership has been fairly non-existent with an absent regional CEO and incomprehensible strategy.

5 October 2018

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18 July 2019

How are the career development opportunities at Russell Investments?

Pros

Leadership is focused on our associates and building upon the culture founded by Jane and George Russell. Strong investment process is valued by clients in both the institutional and retail distribution channels. Cost cutting is required as fee pressure is real for all active managers. What I appreciate is that leadership is transparent and asks for ideas from the associate base to help with innovation, improvements and growth. Allows for flexibility to work from home and solid benefits and career opportunities.

Cons

Asset managers like Russell Investments are challenged with reducing costs while growing which can challenge individuals to do more with less. Seattle location is both a pro and a con due to traffic and high cost of living.

Advice to Management

Reward associates with long term incentive plans in alignment with long term growth and another potential sale.

Allows for flexibility to work from home and solid benefits and career opportunities.

18 July 2019

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3 May 2019

What kind of career opportunities exist at Russell Investments?

Pros

It's renaissance era at Russell Investments. Excellent new leadership has joined over the last few years who want the company to succeed and they understand the importance of engaging the associate base. For anyone who wants to roll up their sleeves, work hard, and come into a transformational company, this is a place of opportunity. If you're willing to stretch yourself, you'll be given opportunities to explore new skill sets and get involved with various projects and initiatives.

Cons

With any company, there are constraints, but the encouragement to be creative regarding working through these roadblocks becomes more of a 'pro.'

Advice to Management

Keep engaging- the ball is rolling and we are feeling the drive to move forward and include all of us associates together.

For anyone who wants to roll up their sleeves, work hard, and come into a transformational company, this is a place of opportunity.

3 May 2019

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18 English questions out of 18