To serve RIAs, FundQuest has added Russell products to its managed accounts platform.
FundQuest, a Boston-based wealth management advisory firm, today announced that it now offers Russell Mutual Fund Model Strategies and Russell LifePoints funds to registered investment advisers through their managed accounts platform.
The Russell Fund Model Strategies is a mutual fund wrap account.
The Russell Lifepoints Funds-Target Portfolio Series is a fund of funds that offers five options from a mix of 20% stock funds, 80% bond funds to 100% stock funds.
FundQuest is a provider of technology, back-office support and investment research services.
The combined U.S. and European operations of FundQuest have $36 billion in assets under management and administration.
Russell funds are distributed through Russell fund Distributors Inc., part of the Russell Investment Group of Tacoma, Wash., which has more than $231 billion in assets under management.