Mutual Fund Administration Services
Receive professional Mutual Fund, Accounting, and Transfer Agent services with genuine support.
With UMB’s mutual fund administration expertise, you can confidently design, plan and launch the mutual fund your clients are seeking.
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 commitment to providing high-touch service to meet your specific needs.
Highly-skilled back-office support
Our meticulous and experienced mutual fund administration team provides exceptional service and support for day-to-day operational needs, fund administration, fund accounting, tax, transfer agency, legal administration 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.
Connect with our experienced team today
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New entrants to the registered fund space: Don’t fight the ’40 Act!
Read NowIn November, the SEC issued a risk alert ‡ for fund managers that highlighted some deficiencies and weaknesses in its examinations of funds over the past four years. Many new entrants have joined the registered fund space in recent years...
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Three questions to ask when choosing a fund CCO
Read NowIn conversation with clients and industry colleagues, I am sometimes asked about UMB Fund Services’ approach to fund chief compliance officer (CCO) services—in particular, why we partner with third parties for fund CCO services rather than offering a CCO as...
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Strengthening liquidity with committed reverse repurchase lending facility
Read NowManaging liquidity is an important aspect of managing an investment fund. Many investment managers rely on traditional lines of credit to ensure readily available cash for shareholder redemptions or fund distributions. Those who expect heightened volatility—whether from geopolitical or economic...
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Understanding fund custody: Private versus publicly offered fund vehicles
Read NowWhen managers of private funds decide to launch a strategy as a registered mutual fund–such as an interval fund, tender fund, or a daily NAV fund— the topic of custody can sometimes lead to confusion. Private fund managers are typically...
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Why convert a mutual fund or ETF to a series trust?
Read NowA 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...
What you can expect from a UMB Fund Services relationship
Mutual 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 mutual fund accounting team provides outstanding accuracy and timeliness in NAV reporting
- Flexible and customizable reporting paired with responsive associates lets you focus on managing money
Mutual fund transfer agency
Highly trained mutual fund transfer agency establishes and maintains investor accounts, communicates with shareholders, handles fulfillment requests and process transactions for direct investors, brokers, trading platforms and financial advisors – all efficiently and cost-effectively.
- Highly-skilled 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 mutual fund servicing 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
Multiple series trust: Platform solution for managing mutual funds
Our multiple series trust platforms provide a cost-effective means of operating a mutual fund.
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 multiple 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 mutual fund administrator, fund accountant, transfer agent, board of trustees, fund auditors, legal counsel and other service providers already in place.
Customer testimonials
Connect with our experienced team today
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