Collective Investment Trust Services

Manage retirement plan assets in a cost-effective collective investment trust.

Collective Investment Trusts (CITs) remain a popular choice with advisers because of the lower marketing and distribution costs and fewer legal, administrative, and regulatory obligations as compared to other vehicles. Whether you’re launching a new strategy as a CIT or converting an existing fund to a CIT, UMB has the infrastructure and skills to support you.

SVG

Experience, service and support

Benefit from our team’s technical experience, our state-of-the-art systems and our commitment to outstanding client service and allow us to build a solution customized to your needs.

SVG

Unified back-office support

We handle the behind-the-scenes functions, from fund accounting, administration, trustee, transfer agency, and custody* services to regulatory compliance and tax reporting, so you can focus on serving your clients.

SVG

Strength and stability

With UMB, you receive the benefits of a large financial institution paired with our nimble, single-point-of-contact service approach.

Image
UMB-HL-FundServices-MutualFundAdmin

Connect with our experienced fund administration team today

Key services to support your collective investment trust

SVG
Trust sponsorship
SVG
Fiduciary and investment oversight
SVG
Fund accounting and administration
SVG
Transfer agent services
SVG
Custody
SVG
Trustee services
SVG
Cash sweep
SVG
Optional securities lending services
SVG
Platform Connectivity
SVG
Audited financial statements
SVG
Regulatory filings
SVG
5500 schedules for defined benefit plan customers

Benefits of a collective investment trust

SVG
Lower expenses than mutual funds
SVG
Fewer legal and marketing fees
SVG
No requirement to produce a prospectus
SVG
Separate board of trustees not required
SVG
No SEC registration and state qualification fees
SVG
Shorter start-up time

*Custody services provided by UMB Bank, n.a.