Russell Spellman
Russell Spellman is a registered investment advisor at Mutual of Omaha Investor Services, INC., based in Spokane Valley, WA, with 16 years of industry experience. Russell operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 2 more. Their firm serves 6,885 clients with $24M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MOIS offers investment management through third-party money managers and its own managed account services.
Third-Party Money Managers: Fees are a percentage of your portfolio, paid to the third-party manager, who then pays a portion to MOIS. MOIS's portion will not exceed 1.25%.
MOIS Managed Account Services: Fees are based on a percentage of your portfolio. The annual fee will not exceed 1.25% for Fund Strategist Portfolios (FSP), Separately Managed Accounts (SMA), or Unified Managed Accounts (UMA). The annual fee will not exceed 2.25% for Advisor as Portfolio Manager (APM) accounts. Fees are billed quarterly in advance.
Location
505 N Argonne Rd, Ste A-205, Spokane Valley, WA, 99212
Get directionsHistory
Regulatory History (3)
Judgment / Lien
January 2022Judgment / Lien
February 2020Judgment / Lien
May 2019Other Business ActivitiesSells Insurance
Russell owns Spellman Insurance Agency since 2008, where all insurance commissions are processed. He is appointed to sell life, health, and annuities, dedicating nearly full-time hours to this activity.
Employment History
Current Registrations
Mutual of Omaha Investor Services, INC.
Mutual of Omaha Investor Services, INC.Broker
Mutual of Omaha Investor Services, INC.
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.