Home About Us How We Serve Clients Services Areas of Expertise Manager Research Topical Research News and Events Our Team Contact Us Ellwood's History Home About Us Ellwood's History 1977 Founded by John Ellwood at 130 West Monroe in Chicago. 1981 Hired Ellwood’s second employee. Developed manager style analysis. First shares of J.H. Ellwood & Associates were issued. 1983 Reached 14 employees which necessitated a move to a larger office at the Sears Tower. 1984 Developed computerized manager reports. 1990 Continued growth forced a move to the Monroe Building at 104 South Michigan. 1994 Russ Hill, our current CEO, joins Ellwood from a competitor. 1997 Ellwood celebrated 20 years and had a total of 89 clients and 34 employees. 1999 Employee Stock Ownership Plan (ESOP) was established. 2004 John Ellwood retired and the ESOP becomes the 100% owner. Russ Hill appointed as Ellwood’s second CEO. 2005 Moved to our currentlocation at 33 West Monroe. 2013 Introduced discretionary consulting services. 2016 Acquired Watershed Investment Consultants of Denver, CO, marking a westward expansion of the firm. 2017 Ellwood celebrates 40 years with a total of 182 clients and 56 employees. 2018 Ellwood is recognized as a 2017 Greenwich Quality Leader in Overall U.S. Investment Consulting. Disclosures: The Greenwich Quality Index is prepared by Greenwich Associates (“Greenwich”), an independent third–party research firm. In connection with the 2017 study, Greenwich conducted interviews with 1,059 senior professionals at 1,052 of the largest tax-exempt funds in the United States with assets greater than $150 million. Of the 1,059 interviews, 32 were with clients of Ellwood. The Greenwich Quality Index is prepared from quantitative and qualitative client evaluations of their asset management and investment consulting providers in certain broad investment management categories, including Investment Consulting, Manager Selection, Client Service and Commercial Arrangements. Ellwood did not compensate Greenwich Associates for its inclusion in the study. The results of the study represent Greenwich’s assessment of the collective client rankings, and are not intended to be representative of a single client’s experience with Ellwood. The results of the study do not represent an endorsement of Ellwood. Past performance is not indicative of future results. About Us 100% Employee Owned Ellwood's History Awards and Recognition Conflicts of Interest Policy Celebrating 40 Years: A Letter from our CEO Careers Privacy Terms of Use Greenwich Disclosures 33 West Monroe / Suite 1000/ Chicago, Illinois / 60603 / (312) 782-5432 Copyright 2021 Ellwood Associates.