Fredric E. Russell Investment Management Co.

Fredric E. Russell Investment Management Co., established in 1987, specializes in investment management for high-net-worth individuals in Aspen, Denver, Tulsa, and Oklahoma City. The firm manages client accounts with a uniform investment strategy, akin to a mutual fund, holding a maximum of thirty common stock positions. Clients' assets, totaling $150,427,485 as of December 30, 2024, are managed on a discretionary basis. The firm charges a 1.00% annual fee based on the account's market value, billed quarterly. Clients must authorize fee deductions or mail checks quarterly. The firm does not participate in wrap fee programs and solely invests in US common stocks and Treasury Notes. Clients must have a minimum of $250,000 to open an account. Fredric E. Russell has full investment discretion, investing in a diversified portfolio of up to thirty companies. The firm's investment philosophy involves deep research, long-term investments, and risk management. Clients receive detailed reports and have online account access through Charles Schwab & Co., Inc., the firm's broker and custodian. The firm emphasizes client privacy and maintains a strict code of ethics. Fredric E. Russell Investment Management Co. does not have custody of client funds, except for two legacy accounts held at Bank of Oklahoma. The firm's privacy policy ensures the protection of clients' nonpublic personal information.