Officials at UMB Fund Services said Monday they've signed up four mutual fund clients during the third quarter. The Milwaukee-based service provider also added four clients on the hedge fund side through its alternative investment division, JD Clark & Company.

The new mutual fund clients are Fiduciary Asset Management, GaveKal Capital [see profile], Miller Tabak Advisors and Ramius Alternative Solutions [see profile]. The firms have funds that have joined the Investment Managers Series Trust co-sponsored by UMBFS and Mutual Fund Administration Corporation.

Company Press Release

UMB Fund Services Continues to Add Clients in Third Quarter

UMB Fund Services Continues to Add Clients in Third Quarter MILWAUKEE--UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), added eight new fund clients in the third quarter of 2010. These were in addition to the 19 clients added in the previous two quarters.

Four clients added in the third quarter have mutual funds that have joined the Investment Managers Series Trust co-sponsored by UMBFS and Mutual Fund Administration Corporation. The other four new clients are receiving hedge fund services through UMBFS' alternative investments division, JD Clark & Company.

The new clients include:

Fiduciary Asset Management, LLC

GaveKal Capital, LLC

Miller Tabak Advisors, LLC

Ramius Alternative Solutions LLC

Gorelick Brothers Capital, LLC

PCM Funds

Robertson, Griege & Thoele, Financial Advisors

RoundRock Capital Management

"We are very pleased with the continued strong pace of client growth in the third quarter," said John Zader, chief executive officer of UMBFS. "In a challenging economy, achieving this level of growth in new business is particularly gratifying. We believe our focus on service and quality continues to resonate with prospective clients."

About UMB Fund Services

Headquartered in Milwaukee, Wis., UMB Fund Services offers a complete line of products and services to the fund industry, including administration and fund accounting, investor services and transfer agency, marketing and distribution; custody and cash management services through UMB Bank, n.a.; alternative investment services through JD Clark & Co.; and managed account services. It currently serves 190 clients with combined assets of approximately $180 billion. In May 2010, the company was named the top midsize employer in southeastern Wisconsin by the Milwaukee Journal Sentinel. UMB Financial Corporation, the parent company of UMBFS, is a financial services holding company with more than $11 billion in banking assets, headquartered in Kansas City, Mo.

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