A recurring rumor re-emerged Wednesday – this time in Australia – that Puget Sound-based international investment advisory company Russell Investments may be for sale.
A taxi crashed into a Chase Bank branch at the Russell Investments Center in downtown Seattle late Thursday night.
There is life after Russell.
A high-tech corporation in downtown Tacoma wants to expand. Just a few blocks away, 224,000 empty square feet wait for a tenant at Russell Investments’ former headquarters. But the engineering office of MorphoTrak will move to Federal Way this summer, and 120 well-paid employees will leave downtown.
For more than seven decades, Tacoma’s Russell Investments has successfully struck a balance between innovation and stability, adding new products and services and expanding across the globe while avoiding the more outlandish financial fads that sank other companies.
Russell Investments is moving its headquarters from Tacoma to the former WaMu building in downtown Seattle, the company told employees by e-mail this morning. The company plans to move into its new location by the end of 2010, according to the e-mail.
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