Our Team

Founded in 2009, Russell Private Wealth Management has been serving affluent families with a tailored approach that is second to none.


David L. Russell, President & Founder

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






Carolyn M. Russell, Vice President & Registered Client Associate, Notary Public

Carolyn is the Registered Client Associate and Vice President of Russell Private Wealth Management. She comes from an extensive banking background, working 10 years on both the commercial and retail sides at Frontier Bank, Denver CO and Chase Bank, Buffalo NY. Carolyn holds a Bachelor's in Liberal Arts from SUNY Buffalo and obtained her Series 7 registration (GSRE) in 2015. She runs the day to day operations of RPWM 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, Financial Advisor

Alex is a licensed Financial Advisor with Russell Private 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). He has also obtained licenses in life, accident, and health insurance. Alex holds a Masters in Forensic Accounting and a Bachelor's in Accounting from Canisius College. Before joining Russell Private 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 Associate

Melissa is the Client Associate for Russell Private Wealth Management. She joined the firm in April 2018 as a part time team member. In addition to a warm personality, she brings over 15 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 and she volunteers at her son’s school often.  She and her family enjoy the outdoors and camping.  They are proud Buffalo natives and enjoy exploring Buffalo’s wonderful city.


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