Fredric E. Russell Investment Management Co.

The firm manages $137,477,365 in discretionary assets for 79 clients, primarily high‑net‑worth individuals, and provides portfolio management for individual, joint, IRA, trust, LLC and self‑directed 401(k) accounts. It requires a $250,000 account minimum.

The firm uses a single, uniform investment strategy in which clients own part or all of a common portfolio limited to no more than thirty U.S. common‑stock positions, with U.S. Treasury notes used occasionally, and pursues long‑term, concentrated holdings. Investment selections are driven by in‑depth fundamental analysis — including SEC filings, financial statement review and extended calls or visits with company executives — and the firm retains full discretionary authority over trading and allocations.

Compared with many peers, the firm emphasizes a narrowly specialized role rather than broad wealth‑management services, does not sell insurance or annuities, and operates with block aggregation for trades while requiring Charles Schwab as custodian. Distinctive operational practices disclosed in the brochure include a cap on individual positions (no position exceeds 8% of account value), a stated policy not to vote client proxies (clients receive proxies directly), and an allowance to employ leverage if directed by a client.