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

Connect with our experienced fund administration team today
Key services to support your collective investment trust
Benefits of a collective investment trust
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AML for private fund managers, one year ahead of the new rules
Beginning January 1, 2026, investment managers—including those of private investment vehicles—will be subject to Bank Secrecy Act anti-money laundering (AML) rules issued by the Financial Crimes Enforcement Network (FinCEN) ‡ within the U.S. Treasury Department. For many investment managers, particularly...
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Why convert a mutual fund or ETF to a series trust?
A multiple series trust provides a legal framework where a collection of fund companies operates under one umbrella trust with one board of trustees. Hundreds of funds—across both traditional mutual funds and ETFs—representing assets in the hundreds of billions use...
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Why do most mutual funds make year-end distributions in December?
As year-end approaches, you may see financial news stories suggesting investors can be wary of making new investments in mutual funds with upcoming year-end distributions. Here, we’ll cover why that may be good advice—and why mutual funds make year-end distributions...
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Launching a private fund with plans to convert to a registered fund
Launching a private fund is a fairly streamlined process compared to launching a registered fund, in part because there’s no need to wait for the Securities Exchange Commission (SEC) to complete its review and for its approval to become effective...
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Investor reporting software: Top questions to ask your fund admin
Recent technology advances mean today’s alternative investment managers have access to a range of technologies that can significantly streamline alternative investment fund reporting and recordkeeping. While changing fund accounting and investor reporting platforms isn’t quick and easy, the right system...
*Custody services provided by UMB Bank, n.a.