Personalized Managed Accounts and Global Head of Marketing recognized as industry leaders
SEATTLE, September 14, 2022 — Russell Investments, a global investment solutions partner, received two first-place awards in the 2022 WealthManagement.com Industry Awards (the “Wealthies”). The firm’s Personalized Managed Accounts (PMA) program was selected for the industry’s top honor in the Separate Accounts category, while Global Head of Marketing Mollie Jensen was selected as the Chief Marketing Officer of the Year.
According to WealthManagement.com, a panel of independent industry leaders chose the finalists and determined the eventual winners of this year’s awards, which recognize those firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners were announced at a ceremony in New York City on Sept. 8, 2022.
Russell Investments’ Personalized Managed Accounts, which launched in 2021, offers financial advisors a suite of solutions that can be customized to address each investor’s unique and specific needs. PMA leverages the firm’s extensive investment manager research, selection and monitoring process, which has formed the cornerstone of advice to global institutional investors for more than 50 years. PMA also further established the firm’s leadership position in the managed accounts space, which according to Cerulli Associates’ US Asset Allocation Model Portfolios 2020 report, ranks as the industry’s top provider of asset allocation model portfolios based on total assets1.
“Our distinct suite of PMA solutions draws from Russell Investments’ complete toolkit of active and direct-indexed strategies, while it also benefits from the firm’s 40-plus years of active-investing expertise and over 20 years of tax-management experience,” said Brad Jung, head of North America Advisor & Intermediary Solutions at Russell Investments. “Ultimately, the suite offers financial advisors the next level of customizable portfolios to help provide their clients with financial security to and through retirement.”
Regarding the chief marketing officer award, Mollie Jensen is responsible for the development of Russell Investments’ overall marketing strategy, and she leads marketing activities across all lines of business and channels. She also serves as the firm’s executive sponsor for Diversity, Equity & Inclusion. In addition, she is a member of the firm’s Management Committee and a senior advisor to the Executive Committee. Based in Seattle, Jensen originally joined the firm in 1990 and was named to her current role in 2020. In the past year she led several successful marketing campaigns across the firm’s global footprint in North America, Europe, the Middle East, and Asia-Pacific, which in large part focused on helping clients navigate through the disruptive challenges of the Covid-19 pandemic and market volatility.
“The WealthManagement.com industry awards allow us to recognize the creativity, success and excellence of firms like Russell Investments that serve the financial advisor community,” said David Armstrong, Editor-in-Chief of WealthManagement.com. “A record number of companies submitted nominations for the Wealthies in 2022, so this year’s winners should be particularly proud of their outstanding achievement.”
WealthManagement.com, an Informa business, offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals.
About Russell Investments
Russell Investments is a leading global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 86-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has $299.2 billion in assets under management (as of 6/30/2022) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 19 cities around the world, including in New York, London, Toronto, Tokyo, and Shanghai.
Contact: Steve Claiborne, 206-505-1858, newsroom@russellinvestments.com
1Out of 25 providers. Based on total assets. Model providers surveyed during 4Q 2019 were asked to provide estimated asset levels in models for accounts into which they had visibility. Source: Exhibit 3.02 Top-25 Asset Manager and Third-Party Strategist Providers of Asset Allocation Model Portfolios, The Cerulli Report - U.S. Asset Allocation Model Portfolios 2020.