UMB Fund Services names Senior Vice President, Director of Transfer Agency
UMB Fund Services (UMB) has hired Mike Huisman as senior vice president, director of transfer agency.
In his role, Huisman will oversee UMB’s transfer agency, which experienced record-growth in 2019 with a 42 per cent increase in assets under administration.
Huisman has 30 years of experience in the financial services industry. Prior to joining UMB, he was the head of alternative product solutions at Envision Financial Systems. Before Envision, he was the senior director of software development and operations for DST Systems, where he worked for more than 28 years.
“Mike’s industry experience and expertise will be critical to our continued success and improvement, ensuring we deliver the best possible service to our growing client base,” says Maureen Quill, executive vice president and executive director of registered funds at UMB Fund Services. “Now more than ever, product evolution is driving transfer agency service innovation. Mike’s skill set allows us to service increasingly diverse product sets while maintaining our high-touch client service and competitive pricing.”
Huisman earned a bachelor’s degree in computer science from Iowa State University and holds a certificate in data science and applied analytics from Rockhurst University. He currently sits on the NICSA Alternative Investment committee and is chairperson of the Institute for Portfolio Alternatives Technology group. He is also an active member of the Information Management Network and ADISA.
With Huisman’s addition, Scott Schulenburg, who served as director of transfer agency since 2015, is transitioning into a client relationship management role, where he will provide unparalleled client service to UMB’s growing client base. Under his direction, UMB’s transfer agency increased its assets under administration by more than 87 percent in less than five years.
UMB Fund Services, is a division of UMB Financial Corporation, offering a complete line of products and services to the fund industry, including fund administration, fund accounting, tax, investor services and transfer agency, distribution* and custody*.