Umb Financial Services, Inc. (Kansas City)

Name: Umb Financial Services, Inc.
Address: 928 Grand Blvd, Kansas City, MO, 64106
Telephone: 816-842-2222

Umb Financial Services, Inc. is a multi-state adviser based in Kansas City. It manages $29.22 million of regulatory assets for 96 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 38 other states.

Umb Financial Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for approximately 1,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Umb Financial Services: assets under management

The assets under management (AUM) of Umb Financial Services, Inc. is $29.22 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 46% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Umb Financial Services, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Allan Sangster serves?

The only and largest group of clients of James Allan Sangster is individuals with 96 clients and $29.22 million of assets under management. Among the 1 most similar advisory firms, Umb Financial Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $29.22 million for 96 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Umb Financial Services doesn't advise any private funds.

Careers at Umb Financial Services, Inc.

The company employs 70 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 70 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Allan Sangster has been acting as President since 1 Jun 1994. James Henry Cornelius joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Allan Sangster	Director	1 Jun 1994	Other	2575117
Rickie Clifford Farrell	Svp - finop	1 Apr 1995	Other	1104539
Bradley Leon Harding	Srop / crop	1 Mar 1997	Other	1200651
Troy Wayne Bender	Director	1 Feb 2000	Other	xxx-xx-xxxx
Na Umb Bank	Stockholder	1 Apr 2000	75% - 100%	44-0201230
Gil Leon Trout	Director	1 Aug 2004	Other	xxx-xx-xxxx
James Dennison Rine	Director	1 Aug 2004	Other	2380705
John Charles Pauls	Secretary	1 Aug 2004	Other	xxx-xx-xxxx
Peter James Desilva	Director	1 Aug 2004	Other	1740057
Christopher Gerald Treece	Treasurer	1 Jan 2005	Other	xxx-xx-xxxx
Jeffrey Thomas Maxwell	Cao, svp	1 Aug 2005	Other	2626068
Catherine Marian Clark	Chief compliance officer	1 Aug 2005	Other	4384961
Deanna Louise Basler	President	1 Sep 2005	Other	1520750
Jamie Christopher Cinotto	Municipal principal	1 Apr 2006	Other	4363855
Andrew Michael Ellis	Evp / director	1 Apr 2006	Other	1819979
Michael Dennis Hagedorn	Treasurer	1 Jan 2007	Other	xxx-xx-xxxx
Clyde Francis Wendel	President	1 Mar 2007	Other	4341727
Daryl Scott Hunt	Director	1 Apr 2008	Other	2860360
Sondra Renee Bane	Municipal principal	1 Jun 2008	Other	4998532
Andrew Michael Ellis	President / director	1 Aug 2008	Other	1819979
Clyde Francis Wendel	Director	1 Aug 2008	Other	4341727
Brenda Jeanne Delay	Finop, chief operations officer, svp	1 Aug 2008	Other	1534886
Brenda Jeanne Delay	Finop, vice president	1 Sep 2008	Other	1534886
Christine Lee Mortensen	Finop	1 Nov 2008	Other	2658546
Charles Patrick Smith	Evp - national sales manager	1 Aug 2009	Other	4744374
Angela Gaye Gates	Finop	1 Sep 2009	Other	2626070
Angela Gaye Gates	Finop / coo	1 Oct 2009	Other	2626070
Dana Harris Abraham	Director	1 Oct 2009	Other	3176915
Dennis Ray Rilinger	Assistant secretary	1 Jul 2010	Other	xxx-xx-xxxx
Stephen Michael Kitts	Director	1 Apr 2014	Other	1454457
Kevin Merlin Macke	Treasurer	1 Jul 2014	Other	6377868
Umb Financial Corp	Stockholder	1 May 2015	75% - 100%	43-0903811
James Matthew Stephens	Asst secretary	1 May 2015	Other	6753308
James Henry Cornelius	Director	1 Jan 2017	Other	4581867
Phillip James Mason	Director	1 Jan 2017	Other	6246519
Danny Scott Mcgeorge	Director	1 Jan 2017	Other	4429395
Laurence Joseph Schmidt	Director	1 Jan 2017	Other	6753278

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Esop Of Umb Financial Corp	Stockholder	1 Oct 1985	Other	43-6232865
Rufus Crosby Kemper	Stockholder	1 Oct 1985	Other	1468145
Umb Financial Corp	Stockholder	1 Nov 1997	75% - 100%	43-0903811

Based in Kansas City

The principal office where Umb Financial Services, Inc. performs its advisory services is located at 928 Grand Blvd, Kansas City, MO 64106, which is also the mailing address of the firm. An additional office of the firm is in Fountain Hills, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 816-842-2222 or by fax 816-860-3180. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at umb.com.