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.
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.
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.
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.
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.
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.