Mutual Fund Services
Technology, scale and expertise delivered with unwavering client service for your mutual funds.
With UMB’s ’40 Act fund experience and support, you can confidently design, plan, launch and distribute the mutual fund your clients are looking for.
Mutual Fund Administration
Technology, scale and expertise delivered with unwavering client service for your mutual funds.
With UMB’s ’40 Act fund experience and support, you can confidently design, plan, launch and distribute the mutual fund your clients are looking for.
High-touch client service
While industry consolidation and today’s market activity continue to present challenges for asset managers, we have doubled down on our focus on you and our commitment to providing solutions that fit your specific needs.
Highly-skilled back-office support
Our meticulous and experienced team provides exceptional service and support for day-to-day operational needs, fund administration, fund accounting, tax, transfer agency, legal administration, distribution support—and more.
Integrated banking services
Through UMB Bank, clients have access to a full-suite of commercial, institutional and wealth management offerings creating a one-stop-shop for investment advisors.
What you can expect from a UMB Fund Services relationship
Fund accounting, administration and tax
We take the administrative burden off your shoulders, from analyzing data and preparing financial statements, to calculating net asset values (NAV) and assembling reports for your shareholders and board members. And, our team’s IRS, SEC and Blue Sky experience guides you through the maze of the ever-changing regulatory environment.
- Credentialed and experienced team provides outstanding accuracy and timeliness in NAV reporting
- Flexible and customizable reporting paired with responsive associates lets you focus on managing money
Transfer agency
Highly trained associates establish and maintain investor accounts, communicate with shareholders, handle fulfillment requests and process transactions for direct investors, brokers, trading platforms and financial advisors – all performed efficiently and cost-effectively.
- FINRA-licensed representatives in our call center give your funds a sophisticated, articulate voice.
- Embedded financial control group reconciles fund balances and shareholder activity.
Middle-office services
We can simplify your internal operations and allow you to focus on your core strengths. Our knowledgeable team and technology are ready to support you with enhanced data to your trading and risk management systems, operational management of day-to-day trades, reconciliations and reporting, and maintenance of your daily investment book of record (IBOR).
- Maintain complete management and monitoring access through our online dashboard and notification system
- Our shadow accounting can confirm and monitor fund accounting records
Distribution and asset raising solutions
We offer strategic asset raising support to help you execute your fund’s plan and deliver for your investors. Whether you are a start-up or established asset manager, UMB offers a full range of asset raising services to help you achieve your goals as you grow.
Institutional custody
UMB Bank’s institutional custody team focuses on structuring custody solutions that suit your unique needs. That's why our high-touch client model is committed to quick response times and allows us to build customized solutions.
Platform solution for managing mutual funds and exchange traded funds (ETF)
Our multiple series trust platforms provide a cost-effective means of operating a mutual fund or ETF.
A multiple-series trust is an open-end mutual fund authorized to create an unlimited number of series, or separate portfolios, within the trust. Portfolios in the trust enjoy a variety of benefits compared to standalone mutual funds, including lower costs as a result of shared expenses across funds in the trust.
Whether you have an existing fund or are planning to start one, our experts will help you capitalize on the benefits of participating in a series trust.
- Focus on managing your money, growing assets and maintaining your brand, while the trust’s administrators coordinate service providers, handle board and chief compliance officer (CCO) communication, and serve as trust secretary
- Access cost-effective means to manage funds with lower overhead due to sharing a board of trustees, CCO, independent public accountant and fund counsel, etc., at pre-negotiated rates
- Enjoy the simplicity and convenience of having your board of trustees, fund auditors, legal counsel and other service providers already in place
Three tough questions to ask fund administrators
As the landscape of the asset management industry has changed, so has the shape of the fund services industry that serves it. Perhaps the only true constant in asset servicing right now is this: ultimately, the work has to be done.
The benefits of converting to a series trust
Some mutual fund complexes with standalone structures may find greater internal efficiencies and cost savings by adopting a series trust model. In today’s complex compliance and regulatory environment, the professional, dedicated oversight associated with a series trust structure can help to navigate these challenges.
National leader in fund servicing
UMB Fund Services is a national leader in registered and alternative investment fund services with decades of experience.
Explore moreStay up-to-date on fund trends
Read the latest quarterly report, Industry Trends, to learn what’s happening in the fund industry and recent economic impacts.
Access the reportCustody services provided by UMB Bank, n.a.
Statutory distribution Services provided by UMB Distribution Services, LLC.