Russell Investments
3.1 of 5 93 reviews
www.russell.com Seattle, WA 1000 to 5000 Employees

Russell Investments Reviews

Updated Jun 26, 2014
All Employees Current Employees Only

3.1 93 reviews

                             

88% Approve of the CEO

Russell Investments President and CEO Len Brennan

Len Brennan

(34 ratings)

49% of employees recommend this company to a friend
93 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "people you work with; exposure as research analyst and work/life balance"
    in 13 reviews
  • "Russell offers great benefits: medical, vacation, and sabbatical after 10 years"
    in 12 reviews
Cons:
  • "senior management is constantly changing and have lost touch with their employees"
    in 7 reviews
  • "Compensation; lack of career growth; lack of growth strategy for multimanager business"
    in 3 reviews
  • Show more review highlights

Reviews

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    Great place for internship,

    Intern HRSC (Former Employee)
    Seattle, WA

    ProsCaring employees, perks and bus pass.

    Consno structured program setup, desk sharing makes people angry when the intern seats at the desk they would like to be at.

    Advice to Senior ManagementPlease create an Internship program that adds value to your business and valuable learning experience to Interns.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    At one time the best company to work for in the NW. Now really, really sad state.

    Senior Systems Analyst (Current Employee)
    Seattle, WA

    ProsFlexibility of schedule and the ability to learn complex things. This is a great place to intern if you are looking to learn the investment management business.

    ConsPolitics is rampant. Lots of money wasted on projects that fail. Very frustrating. Open hostility between some work groups. Lots of people leave Russell depressed.

    Advice to Senior ManagementThe real assets of the company are the knowledge of it's employees. Go back to treating them right. Give them a career path and let them share in the success of the company.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Good company

    Anonymous Employee (Former Employee)

    ProsLots of really nice people

    ConsI don't have nays cons to report

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    1 person found this helpful  

    Wait for the buyout

    Manager (Former Employee)
    Seattle, WA

    ProsGreat location and some very nice people.

    ConsBelow market pay, a lot of under-qualified and/or under-motivated employees, and an overly-formal dress code. Corporate culture is not inspiring: long term employees hang on to the former Frank Russell days when employees were well-rewarded, which is in stark contrast to the current leadership values, which result from herculean efforts to become a learn target for sale.

    Advice to Senior ManagementCull employee base and pay remaining and new employees at or above market rates and expect more from them. Fully utilize the remote work options already available. Do not cull without fully understanding the needs of the business.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Excellent company to work for

    Business Analyst (Former Employee)
    Seattle, WA

    ProsVery selective hiring process that results in a collegiate and collaborative environment. The hours are long and intense, but very rewarding.

    ConsPromotions and career advancement were not as prevalent as other firms

    Advice to Senior ManagementThere is some concern that there are no clear cut succession plans in place for employees to strive for. Since it is one of the only financial services firm in Seattle, there is not a lot of movement at the top to create space for employees to move up.

    Yes, I would recommend this company to a friend

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    Learned more in one summer internship at Russell than 2 years at an University

    Portfolio Manager Intern (Current Employee)
    Seattle, WA

    ProsAll associates are very friendly and willing to take time out of their day to explain things an intern may not fully understand

    ConsStuck inside all day overlooking the beautiful city of Seattle, Cascade mountains, and Puget Sound

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    2 people found this helpful  

    Good Company

    Analyst (Current Employee)
    Seattle, WA

    ProsIt is a firm with Great people, collaborative environment. The firm also has very good values.

    ConsOnly Grunt-work jobs available to those out of college. Definitely prefer to promote from within, based on seniority.

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    2 people found this helpful  

    I wouldn't wish this on anyone

    Manager/Senior Associate (Current Employee)
    Seattle, WA

    ProsThere are more days off than some other local companies. Downtown location is very convenient. You can work remotely, but it is not consistent throughout the organization. Good reputation in Seattle.

    ConsThere are several known nightmare directors and if you get stuck under one you may as well pack your bags and leave. One of the top values is "non-negotiable integrity" but integrity is not something that is highly valued at all. The annual goal setting and review process is random at best. Bonuses vary extremely depending on whether you are someone's favorite or not. The CEO does not believe in employee retention so if you like it stay, if not, get out. There are no annual salary increases and with bonuses being irregular, you can't depend on making anything extra - negotiate hard if you plan to work here because it's likely to be your last chance to have any control over your salary. There is essentially no recognition program. Morale is extremely low and most employees have no loyalty to the firm. They are years behind in understanding diversity and the firm is definitely lacking in professionalism.

    Advice to Senior ManagementCatch up to the present by understanding that your employees are valuable and turnover costs the company financially but it also impacts morale. Treat people right.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Great to Good

    Director (Former Employee)
    Seattle, WA

    Prospeople, culture, business model, history

    Conspolitics can get out of hand, favoritism, people who manage up are more successful than those who don't

    Advice to Senior Managementreward results and not those who are the best internal marketers

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    1 person found this helpful  

    Past glory, and still stuck in the dark ages

    Business Analyst (Current Employee)
    Seattle, WA

    ProsFor the most part, the low level employees and managers are great. Work from home days.

    ConsEverything is old, the tech, the processes, and the people. Very slow to implement change. Low pay and poor benefits. Virtually NO opportunity for growth or professional development, at least in Operations. Micromanagement.

    Advice to Senior ManagementEverything is done the way it's always been done because no one wants to change. Learn to change. Provide some sort of training to managers. Distribute bonuses fairly.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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