Commission management
Commission recapture
History: We have been in the business since 1969.
Scale: Our clients represent approximately $6 trillion in assets¹.
Focus: A dedicated team tasked with optimizing our clients' returns.
Results: We have delivered more than $1.2 billion in savings directly back to our clients².
Commission recapture is a core fiduciary tool that institutional investors have to manage their commission spend.
Commission sharing agreement (CSA)/Soft dollars
Direct CSA: Russell can facilitate the payment of applicable 3rd party research/services.
CSA Aggregation: We recognize that some clients have consolidated the management of their CSA programs with one firm and we are able to facilitate the payment to most firms.
Soft Dollars: We have a partnership with the Russell Indexes which allows our clients the ability to trade with Russell, accrue commissions to pay the bill and receive a discount to actual fees themselves.
We offer flexibility on commission usage.
Reliable reporting: Customized, comprehensive client reports are available online through our secured website, ClientLINK.
¹As of April 30, 2011
²As of December 31, 2011
Russell Implementation Services, Inc., member of FINRA, SIPC. www.finra.org
Commission recapture services provided by Russell Implementation Services Inc., member FINRA / SIPC.
Related materials
The four key players in a commission recapture program and what they do (PDF)
Commission management and execution services (PDF)