Frank Russell Co. has hired Donald Gartlan to run its managed account business.

Gartlan's post was created specifically for Russell's venture with Fidelity Investments Institutional Brokerage Group.

In the venture, Fidelity is to distribute managed account platforms created by Frank Russell to high-net-worth investors through its advisers nationwide.

Gartlan was the VP for A.G. Edwards & Sons Inc.'s investment management consulting division in St. Louis.

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