Frank Russell and Independent Fiduciary Services announced today they created a strategic alliance to combine certain pension fund consulting services. The firms plan to combine Russell's worldwide exposure to the pension consulting industry with IFS' specialized focus in organizational reviews of pension funds.
Russell provides a broad range of services to plan sponsors, but mainly focuses on asset consulting and investment management. IFS, formerly Bear Stearns Fiduciary Services, specializes in assessing investment programs and practices at public and Taft-Hartley pension funds.
