Ultimus Fund Solutions announced today that it is has expanded its strategic fund distribution services.

The new offerings reportedly include strategic advice and resources throughout every step of the fund distribution process, from product design and positioning, through distribution channel recommendations and relationship building. Through the expanded offering, Ultimus will deliver insights on the various platforms and key trends taking place in targeted channels, helping clients create more strategic distribution strategies. Those insights may include desired fund attributes and preferred structures, competitive information and other data that can be applied to existing and future products. Additionally the distribution strategies team will serve as active advocates for managers, leveraging their expertise and relationships with intermediaries to generate awareness, uncover new mutual fund opportunities and provide guidance and resources to execute their plans.

To lead these new offerings, Ultimus has named Kevin Guerette vice president, Director of Distribution Strategies. Guerette previously served as the National Sales Manager, Platform Sales and National Account Director at SEI Investments Distribution Company. At SEI he headed a team that created an integral distribution program and developed an intermediary guide that provided critical information on all major platforms. He also cultivated strong distribution relationships, providing clients with new avenues for asset growth. Prior to that, Guerette served as Key Account Manager at Guardian Investor Services, establishing contact with broker/dealers and building a program focused on key partners.

“With alternative investment strategies becoming more prevalent in the retail space, the landscape has become crowded and managers need every advantage to stand out with intermediaries and gain greater distribution,” stated Bob Dorsey, Co-Founder and Managing Director at Ultimus. “We have always been involved in the distribution area and this current evolution now keeps us ahead of the changing needs of managers. Kevin is the perfect person to lead our expansion in strategic fund distribution services. We know his expertise and relationships will be invaluable to our clients as they compete for assets in this new environment.”

Here is the press release:

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Company Press Release

Ultimus Fund Solutions Expands Strategic Distribution Services to Meet Emerging Market Needs

  Industry veteran Kevin Guerette named Vice President, Director of Distribution Strategies

  CINCINNATI, OHIO - JANUARY 8, 2014 - Ultimus Fund Solutions, LLC (Ultimus), one of the largest independent providers of mutual fund services to the financial industry, today announced that is has expanded its strategic fund distribution services for investment managers. The firm’s offering now includes strategic advice and resources throughout every step of the fund distribution process, from product design and positioning, through distribution channel recommendations and relationship building. The expanded service offering is designed to help managers make more strategic distribution decisions and stand out in what has become a crowded and hyper-competitive landscape for assets as more alternative managers introduce strategies in the retail marketplace. 

  As a sign of the firm’s commitment to its expanded distribution offering, Ultimus named industry veteran Kevin Guerette Vice President, Director of Distribution Strategies. Guerette brings deep expertise and relationships in the mutual fund industry and specifically the distribution area for both smaller managers and series trust clients. He spent the past seven years directing a team that created a successful distribution program, as well as cultivating relationships critical to distribution. With more than fifteen years of financial industry experience, he also brings a proven track record in dealing with strategic partners, understanding the challenges of launching mutual funds and implementing successful product positioning strategies.

  “With alternative investment strategies becoming more prevalent in the retail space, the landscape has become crowded and managers need every advantage to stand out with intermediaries and gain greater distribution,” said Bob Dorsey, Co-Founder and Managing Director at Ultimus. “We have always been involved in the distribution area and this current evolution now keeps us ahead of the changing needs of managers. Kevin is the perfect person to lead our expansion in strategic fund distribution services. We know his expertise and relationships will be invaluable to our clients as they compete for assets in this new environment.”

  Through the expanded offering, Ultimus will deliver insights on the various platforms and key trends taking place in targeted channels, helping clients create more strategic distribution strategies. Those insights may include desired fund attributes and preferred structures, competitive information and other data that can be applied to existing and future products.

  Additionally the distribution strategies team will serve as active advocates for managers, leveraging their expertise and relationships with intermediaries to generate awareness, uncover new mutual fund opportunities and provide guidance and resources to execute their plans. The team will also provide additional services such as review of materials for FINRA requirements, and on-site compliance for qualified employees of investment advisors.

  "As the competition for assets in the mutual fund space heats up, strategic distribution has become more critical than ever,” said Guerette. “With a proven track record in the fund services space, Ultimus clearly understands the evolving needs of managers. I’m excited to lead the expanded distribution team and to help our manager clients gain a competitive edge and ultimately gain assets in this ever-changing market.”

  Guerette previously served as the National Sales Manager, Platform Sales and National Account Director at SEI Investments Distribution Company. At SEI he headed a team that created an integral distribution program and developed an intermediary guide that provided critical information on all major platforms. He also cultivated strong distribution relationships, providing clients with new avenues for asset growth. Prior to that, Guerette served as Key Account Manager at Guardian Investor Services, establishing contact with broker/dealers and building a program focused on key partners. He is a licensed General Securities Representative and a Uniform Securities Agent.

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  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, 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/.

   

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