Mutual Fund Administration, Accounting & Transfer Agent Services

Technology, scale and expertise delivered with unwavering client service for your mutual funds

With UMB’s mutual fund administration expertise, you can confidently design, plan, launch and distribute the mutual fund your clients are looking for.

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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.

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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, distribution support—and more.

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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.

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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

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 mutual fund distribution services to help you achieve your goals as you grow.

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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.

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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

Quote from --Peter Knipe, Vice President Asset Management Solutions

Starting a '40 Act fund can be a tedious process while coordinating various administrative aspects that go into running the fund. The series trust structure provided us an ease of entry into the business without the capital expense and expansive timetable. During our review and due diligence process, we found the capabilities UMB possessed exceeded those of the competition. Communication across the team is exceptional. We don't have the same conversation multiple times; information flows freely and quickly.
--Peter Knipe, Vice President Asset Management Solutions Advisors Asset Management

Quote from --David Joerger, Deputy Chief Compliance Officer

With the help of UMB, we scaled a single million-dollar fund to a billion-dollar multi-fund complex. From the start, UMB treated us as if we were their only and best client. Their relentless dedication has allowed us to focus on what we do best – providing an extraordinary platform to create opportunity and abundance for our clients.
--David Joerger, Deputy Chief Compliance Officer WCM Investment Management

Quote from --Tim Reich, Chief Executive Officer

In a world of generally commoditized services, the main difference for us in service providers is the level of care in which they treat our products and the personal relationships we have developed over the years in the spirit of a true partnership. UMB Fund Services checks all the boxes and we look forward to working with them for years to come.
--Tim Reich, Chief Executive Officer Liberty Street Advisors, Inc.

Quote from --Joe Block, Managing Director

UMB has helped us navigate the landscape from inception to fully functioning daily fund operation supporting us through the entire process. UMB is the perfect partner, allowing us to focus on portfolio management while they provide solutions to handle the administration, accounting, and custody.
--Joe Block, Managing Director Sunbridge Capital Partners

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Custody services provided by UMB Bank, n.a.

Statutory distribution Services provided by UMB Distribution Services, LLC.