Russell Investments Welcomes Shelly Heier as a New Leader
Russell Investments is excited to announce that Shelly Heier has joined the firm as the Global Head of Institutional Client Service. This is a newly established role designed to enhance the delivery of holistic investment solutions and implementation services. Heier, who comes with a wealth of experience from her previous position as President and Senior Consultant at Verus Investments, will lead a dedicated team comprising client chief investment officers, account executives, and client-service associates aimed at strengthening the firm's international institutional relationships.
Collaborative Focus on Client Management
In her new position, Shelly will closely collaborate with Kevin Turner and Rachel Carroll, who oversee the North America consulting business at Russell Investments. Their combined efforts will ensure a seamless alignment between client management and the consulting services provided, focusing on the unique needs of institutional clients.
Investment Experience and Leadership
With a remarkable 26 years in the industry, Heier has demonstrated her capability at Verus Investments by delivering non-discretionary consulting and discretionary management services to various institutional clients. Her clientele has spanned endowments, foundations, corporate pension plans, and public and multi-employer trusts. Heier’s strategic influence was also evident as she chaired the OCIO Investment and Alternatives Investment Committees at Verus, showcasing her leadership in investment management.
Foundation of Her Career
Before her tenure at Verus Investments, Shelly embarked on her career as a financial analyst, providing services for high-net-worth clients. This solid foundation has equipped her with the insights necessary for her role at Russell Investments.
About Russell Investments
Russell Investments is a renowned global investment solutions firm, offering a broad spectrum of services to institutional investors, financial intermediaries, and individual investors alike. As of mid-2024, the firm is managing assets totaling $301.5 billion for clients in 30 countries around the globe. Russell Investments operates from its headquarters in Seattle, Washington, with additional offices located in major financial hubs like London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, New York, Milan, and Dubai.
Ownership Structure
The ownership of Russell Investments consists of a majority stake held by funds managed by TA Associates Management, L.P., along with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Furthermore, certain employees of Russell Investments and Hamilton Lane Advisors, LLC hold minority, non-controlling ownership stakes, further illustrating the firm's commitment to its operational independence and strategic direction.
Frequently Asked Questions
Who is Shelly Heier?
Shelly Heier is the newly appointed Global Head of Institutional Client Service at Russell Investments, bringing extensive experience from Verus Investments.
What will Heier focus on in her new role?
She will enhance the delivery of investment solutions and implementation services for Russell Investments' institutional client base.
How experienced is Shelly Heier in the investment industry?
Heier has 26 years of experience in the investment industry, having previously served at Verus Investments.
What is the main goal of Russell Investments in this appointment?
The goal is to strengthen partnerships with institutional clients and enhance the overall client service experience.
Where is Russell Investments headquartered?
Russell Investments is headquartered in Seattle, Washington, with additional offices in major financial centers worldwide.
