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About Us

David L. Russell

President & Founder


Dave is the founder and president of Russell Wealth Management. With 35+ years of financial experience with premier companies Merrill Lynch and Smith Barney, he leads the RWM team with a wealth of knowledge and a dedicated approach to his clients, delivering the personalized investment planning services they deserve. He has previously held his status as a Premier Advisor with Wells Fargo Advisors Financial Network for over five years. Dave is a longtime supporter of the Cystic Fibrosis Foundation, and has served on numerous boards. In addition to being an avid golfer, he enjoys travel, wine, fitness activities, and cooking for family and friends. Dave is a member at both Park Country Club and the Buffalo Club.

Carolyn M. Russell

Vice President | LPL Registered Administrative Associate


Carolyn is the Vice President of Russell Wealth Management. She comes from an extensive banking background in both the commercial and retail sides at Frontier Bank, Denver CO and Chase Bank, Buffalo NY. Carolyn holds a Bachelor's degree from SUNY Buffalo and obtained her Series 7 registration (GSRE) in 2015 currently held with LPL Financial. She runs the day to day operations of RWM and supports the team with client relations. She volunteers and supports The Cystic Fibrosis Foundation and Buffalo Philharmonic. Carolyn loves spending time with family. She enjoys travel, golf, the water, playing bridge and classical guitar.

Alexander R. Bencini

LPL Financial Advisor


Alex is a licensed LPL Financial Advisor with Russell Wealth Management. With a diversified background in forensic accounting and finance, he quickly became a highly contributing asset after obtaining his Series 7 (GSRE) and Series 66 (Uniform Combined State Law Exam) currently held with LPL Financial. He has also obtained licenses in life, accident, and health insurance. Alex holds a Bachelor's in Accounting from Canisius College. Before joining Russell Wealth Management in 2016, Alex worked with Tronconi, Segarra & Associates, was assistant to the Vice President of Finance at Hanes Supply Corporation, and gained experience as a business planning analyst at M&T Securities, Inc. "I chose a career in wealth management to help people lay out their financial roadmap to retirement,” Alex says. “My goal is to help them worry about one less thing in their busy lives: money.” Away from the office, Alex is an avid golfer as a member of the Lancaster Country Club, enjoys biking around Elmwood Village and pursues fitness activities regularly.

Melissa A. DeSimone

Client Service Associate


Melissa is the Client Service Associate for Russell Wealth Management. She joined the firm in April 2018. In addition to a warm personality, she brings over 20 years of experience in both office administration and client servicing. Melissa assists the team in all aspects of daily operations and client support. In her spare time, she enjoys spending time with her husband and son. She and her family enjoy vacationing, being outdoors and camping.