Mark Schlafly has joined Russell Investments [profile] as managing director of client solutions for the firm's U.S. advisor-sold business,

Schlafly, who joined the firm on June 3, was formerly the CEO and president of Financial Securities Corporation, where he served for three years until May, 2011.

In September 2012, MFWire reported that Schlafly had been involved with the launch and initial run of Mike Henkel's retirement venture called Achaean Financial, serving in a senior management capacity.

Based in the Russell's' Seattle, Washington headquarters, Schlafly is responsible for creating and fortifying relationships with Russell's distribution partners, along with building partnership opportunities.

Schlafly reports to Sandy Cavanaugh, the CEO of Russell's U.S. advisor-sold business.

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Company Press Release

Russell names new head of client solutions for advisor-sold business

Industry veteran Mark Schlafly brings more than 25 years of experience and expertise in retail distribution, products and platforms to Russell

SEATTLE, JULY 10, 2013 — Russell Investments has appointed Mark Schlafly as managing director of client solutions for the firm's U.S. advisor-sold business, which delivers mutual funds and other multi-asset solutions as well as growth programs, tools and insights to help advisors address investors' goals. Schlafly joined Russell on June 3, having previously served as CEO and president of Financial Securities Corporation (FSC), as well as in executive positions at A.G. Edwards and LPL Financial. In his new role, Schlafly is responsible for building and strengthening relationships with Russell's strategic distribution partners, and for developing new partnership opportunities that align with the firm's focus on offering outcome-oriented multi-asset solutions through financial advisor networks. Schlafly reports to Sandy Cavanaugh, CEO of Russell's U.S. advisor-sold business. "Russell is dedicated to delivering the highest quality products and services in line with both our investment principles and the needs of our clients and end investors. Mark comes to Russell with an in-depth understanding of our business and our clients' needs, as a result of his work with us over the years as a partner and his experience as an executive for several advisor-led firms," said Cavanaugh. "We are confident that Mark's leadership skills and deep understanding of our partner organizations will further strengthen our ability to provide partners with programs, services and products built around their objectives and Russell's trusted investment approach." Schlafly is based in Russell's Seattle headquarters office and will work closely with Russell's cross-functional client service and business development teams within its advisor-sold business.  

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