Ultimus Fund Solutions Takes Leadership Position with Institute for Innovation Development
New Innovation Development Organization Features Ultimus as One of its Founding Sponsors
CINCINNATI--(BUSINESS WIRE)--Ultimus Fund Solutions, LLC (Ultimus) announced today that it is one of the Founding Sponsors of the Institute for Innovation Development (the Institute), an organization designed to create tangible business development tools for growth-oriented advisors. The group of Founding Sponsors, along with the Institute and top innovation consultants, will provide leadership and encourage collaboration to foster growth within the advisor community.
“When launching the Institute, we wanted to bring together companies from all areas of the financial services industry, and Ultimus is a proven leader in mutual fund administration and advisor services, helping advisors expand their business markets”
“As Ultimus turns 15 this year, we are excited about the opportunity to share our experiences with the advisor community by highlighting the importance of innovation in the financial services industry through our leadership role with the Institute,” said Bob Dorsey, Co-Founder and Managing Director at Ultimus. “The goal of the Institute is very closely aligned with our commitment to provide clients the tools to succeed. Collaborating with the Institute and other innovation experts gives us an opportunity to support the entire advisor community by turning theoretical discussion into actionable results.”
Founded by industry veteran Bill Hortz, the Institute provides a different approach than most advisor development programs. Participating advisors will have a built-in innovation network with access to best innovation processes and tools, ongoing innovation coaching, plus a central repository of resources to spark new ideas. The organization also emphasizes community involvement by providing a template for creating local innovation “think tanks’ for advisors’ community outreach and differentiation.
“When launching the Institute, we wanted to bring together companies from all areas of the financial services industry, and Ultimus is a proven leader in mutual fund administration and advisor services, helping advisors expand their business markets,” said Hortz. “They are a natural partner to help us provide clarity for our members on a number of topics and play a valuable role in the success of the Institute.”
The other Founding Sponsors– Innovation Equity Partners, Pershing, Fidelity, Meridian IQ/Advice IQ and Charter Financial Publishing – also provided support and foresight to help launch the Institute.
For more information about the Institute for Innovation Development, visit www.innovationdevelopment.org.
About Ultimus Fund Solutions
Ultimus Fund Solutions provides highly customized and comprehensive mutual fund services to small-and medium-sized fund groups. The company offers mutual fund startup and organization services, fund administration and distribution, compliance and middle office services, fund accounting and pricing, and transfer agent and shareholder services for both open-end and closed-end funds. Ultimus’ broad range of services are performed by teams of CPAs, attorneys, paralegals and other professionals with a wealth of mutual fund experience.
For more information, visit http://www.ultimusfundsolutions.com/.