UMB Fund Services Adds Five New Clients in First Quarter

MILWAUKEE--(BUSINESS WIRE)--UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), announced today that it added five new clients in the first three months of 2011.

Two clients added in the first quarter have mutual funds that have joined the Investment Managers Series Trust co-sponsored by UMBFS and Mutual Fund Administration Corporation. Two clients are receiving hedge fund services through UMBFS’ alternative investments division, JD Clark & Company. One new client is receiving custody services through UMBFS’ affiliate, UMB Bank, n.a.

Clients added in the first quarter include:

• Alpha Capital Management
• Union Street Partners, LLC
• CCM Opportunistic Advisors
• Palmer Square Capital Management LLC
• WCM Investment Management

The continued growth in new clients follows on the heels of two record years of growth for UMBFS.

About UMB Fund Services

Headquartered in Milwaukee, Wis., UMB Fund Services offers a complete line of products and services to the fund industry, including administration and fund accounting, investor services and transfer agency, marketing and distribution; custody services through UMB Bank, n.a.; alternative investment services through JD Clark & Co.; and managed account services. It currently serves more than 180 clients with combined assets of more than $200 billion. In May 2010, the company was named the top midsize employer in southeastern Wisconsin by the Milwaukee Journal Sentinel. UMB Financial Corporation, the parent company of UMBFS, is a financial services holding company with more than $12.4 billion in banking assets, headquartered in Kansas City, Mo.