Uma Financial Services Inc is a large advisory firm based in Salt Lake City. It manages $997.78 million of regulatory assets for 5,649 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Idaho, and 5 other states.
Uma Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Uma Financial Services Inc is $997.78 million. The firm's AUM has grown by 334% 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 Uma 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 firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mcomber Michelle is pension and profit sharing plans with 46 clients and $448.12 million of assets under management. Among the 7 most similar advisory firms, Uma Financial Services has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $997.78 million for 1,030 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.
Uma Financial Services doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Mcomber Michelle has been acting as President since 1 Sep 2009. Matthew Tyler Newton joined the executive team most recently as the Director.
The principal office where Uma Financial Services Inc performs its advisory services is located at 310 East 4500 South, Salt Lake City, UT 84107, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 801-747-0800 or by fax 801-747-3520. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at umafs.org.