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Russell Investment Management, LLC a Russell Investments Company Russell Investment Management, LLC A Russell Investments company Form ADV Part 2B Brochure Supplement Item 1 – Cover Page 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877 WWW.RUSSELLINVESTMENTS.COM June 1, 2021 This Brochure Supplement provides information about supervised persons providing investment advisory services to Russell Investment Management, LLC (“RIM”) clients and supplements the RIM Brochure. If you have any questions about the contents of this Brochure Supplement, please contact us at 206.505.4466 or [email protected]. The information in this Brochure Supplement has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. RIM is an investment adviser registered with the SEC. Registration as an investment adviser does not imply any level of skill or training. Additional information about RIM is also available on the SEC’s website at www.adviserinfo.sec.gov. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Rob Balkema that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement. Rob Balkema, CFA Senior Director, Head of Multi-Asset, North America Global Portfolio Management - Multi-Asset Russell Investments Educational Background and Business Experience: Year of Birth: 1984 Education and Designations: v B.A., Economics, Harvard University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2016 to Present - Senior Director, Head of Multi-Asset, North America v 2015 to 2016 - Senior Portfolio Manager Biography: Rob Balkema has primary responsibility for managing Russell Investments’ US Retail and Institutional Multi-Asset Solutions, including the firm’s traditional target risk balanced funds, outcome-oriented portfolios, target date, and investment outsourcing mandates. In this role, he leads the team which integrates the firm’s equity, fixed income, real asset, and alternatives capabilities globally. He is tasked with creating strategic asset allocations for the portfolios, selecting managers or passive alternatives to populate asset classes, integrating the firm’s capital market insights, and positioning the total portfolio in order to help clients achieve their objectives. Rob joined Russell Investments in 2006. Disciplinary Information: There are no legal and / or disciplinary events to report for Rob. Other Business Activities: There are no outside business activities to report for Rob. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management. Supervision: Brian Meath is responsible for the supervision and oversight of Rob. Brian is Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Rob adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm’s fiduciary obigations. Brian can be reached at 206.505.4466 1 The Chartered Financial Analyst (CFA) designation is an international professional designation offered by CFA Institute (formerly AIMR) to financial analysts who complete a series of three examinations. To become a CFA Charterholder candidates must pass each of three six-hour exams, possess a bachelor's degree from an accredited institution (or have equivalent education or work experience) and have 48 months of qualified, professional work experience. CFA charter holders are also obligated to adhere to a strict code of ethics and standards governing their professional conduct. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kerry Bandow that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement. Kerry Bandow, CFA Senior Consultant Investment Consulting Services Russell Investments Educational Background and Business Experience: Year of Birth: 1967 Education and Designations: v B.A., University of Northern Colorado v CFA Charterholder, CFA Institute1 Business Background (past five years): v May 2019 to Present - Senior Consultant v 2016 to 2019 - Senior Investment Consultant, Towers Watson Investment Services v 2011 to 2015 - Senior Investment Advisor, SWBC Investment Advisory Services Biography: Kerry Bandow is a Senior Consultant for Russell Investments’ Americas Institutional business with more than twenty-seven years of industry experience. In his role, Kerry provides advice to institutional defined contribution clients on all aspects of their investment programs including investment policy and strategy, governance, asset allocation, asset class structure, manager selection, performance monitoring, and investment implementation. Kerry joined Russell Investments in 2019. Disciplinary Information: There are no legal and / or disciplinary events to report for Kerry. Other Business Activities: There are no outside business activities to report for Kerry. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management. Supervision: Rachel Carroll is responsible for the supervision and oversight of Kerry. Rachel is Managing Director for Investment Consulting Services and oversees the advice Kerry provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466. 1 The Chartered Financial Analyst (CFA) designation is an international professional designation offered by CFA Institute (formerly AIMR) to financial analysts who complete a series of three examinations. To become a CFA Charterholder candidates must pass each of three six-hour exams, possess a bachelor's degree from an accredited institution (or have equivalent education or work experience) and have 48 months of qualified, professional work experience. CFA charter holders are also obligated to adhere to a strict code of ethics and standards governing their professional conduct. Russell Investment Management, LLC Rex House, 10 Regent Street, London, SW1Y 4PE, England 44.20.7024.6000 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Igor Bosnjak that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement. Igor Bosnjak Director, Head of Portfolio Implementation Global Portfolio Management Russell Investments Educational Background and Business Experience: Year of Birth: 1975 Education and Designations: v B.S., Business Administration, Central Washington University v Licensed Registered Representative, FINRA Series 7, 55, 66 Business Background (past five years): v March 2020 to Present - Director, Head of Portfolio Implementation v May 2018 to February 2020 - Head of Portfolio Implementation v November 2013 to April 2018 - Senior Implementation Manager Biography: Igor Bosnjak a Director and Head of Portfolio Implementation for Russell Investments. Igor leads the global team that is responsible for the formulation and implementation of strategies across Russell Investments' Funds and Separate Accounts, ensuring efficient and risk- controlled plans for implementing investment process. Igor and his team are also responsible for manager changes, account restructures and fund launches for Russell Investments' funds globally. Portfolio managers, clients, transition managers, operations teams and local custodians coordinate transition activities through Igor and his team. Igor joined Russell Investments in 2005. Disciplinary Information: There are no legal and / or disciplinary events to
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