Huntington Asset Services is well positioned for a strong start in 2012 with
the addition of four new clients. One client will launch a new fund later this year, while the other
three will introduce new products early next year.
One of the new clients, Todd-Veredus Asset Management LLC, will introduce the TVAM
International Intrinsic Value Fund in early 2012 within the Valued Advisers Trust. Todd-Veredus
Asset Management LLC is a financial investment advisory firm headquartered in Louisville,
Kentucky with $3.2 billion of assets under management.
“When it came down to finding a trusted partner that could help us with every step of launching
our new fund, we chose Huntington Asset Services,” said John Poole, managing director of
marketing, TVAM. “Their track record speaks for itself. They are a strong player in the market
because they provide a full suite of services for mutual funds and other investment products.”
The addition of new clients builds on the continued success Huntington Asset Services has had
in 2011 helping clients launch eight new funds. Other firms that recently selected Huntington
Asset Services include:
- Granite Investment Advisors, which will introduce the Granite Value Fund within the
Valued Advisers Trust in 2011
- 1492 Capital Management, LLC, which will introduce both the 1492 Small Cap Value
Fund and 1492 Small Cap Growth Fund within the Unified Series Trust in early 2012,
and is also partnering with Huntington on a collective investment fund.
- Martin Capital, which will launch within the Unified Series Trust in 2012
“We continue to believe it is an ideal time for investment managers to launch new funds.
Advisors and investors are more willing than ever to work with new entrants,” said Brian
Blomquist, president, Huntington Asset Services. “Still, it is important for advisors to select
experienced partners who can work closely with them to launch their funds. I’m proud of the
turnkey approach we take at Huntington Asset Services, as it helps increase the success for our
clients.”
In September, Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN(www.huntington.com), presented emerging trends and strategies for mutual fund growth at its annual client conference in Indianapolis.
One interesting trend presented at this year’s second annual conference is that for the year-to-date period through August 31, 2011, net inflows for funds that have not been assigned a Morningstar Rating™ ranked second only to those of funds receiving a “Five Star” rating from Morningstar. . Unrated funds typically have been in existence for fewer than three years’ time, which suggests that new entrants can compete successfully against more established funds. The Morningstar Rating metric has historically had a significant influence on mutual funds selected by investors and their financial advisors.
“This clearly underscores that advisors and investors are willing to invest in innovative ideas in the mutual fund arena,” said Brian Blomquist, president of Huntington Asset Services. “Many of our newer clients are proof that a great investment thesis, coupled with excellent operational support and sound marketing strategy can be successful.”
According to one presenter, Dan Sondhelm, senior vice president and partner of financial marketing firm, SunStar Strategic, “Many larger funds have disappointed investors in recent years, so newer funds that are making a commitment to growth and proactively telling their stories to investors and advisors through the media and with new technology, are attracting the attention they deserve.”
In addition, Sondhelm shared Morningstar’s net fund flow figures for the year-to-date period ending August 2011. In doing so, he pointed out that funds that offer strategies beyond traditional stocks and bonds, such as commodities, emerging markets and hedging strategies have seen significant inflows. A good example is the TEAM Asset Strategy Fund, which has been working with Huntington Asset Services since December 2009 and has seen 23% growth of assets under management in the past year.
Huntington Asset Services is a premier provider to new and emerging mutual funds. At this year’s conference, clients, prospective clients and guests were treated to an impressive roster of speakers and panelists including:
• Karen Barr, The Investment Adviser Association
• Ira Cohen, Industry Consultant
• Tim Dolan, Dolan Capital Group
• Sonja Formato, Fidelity FundsNetwork
• Chad Oviatt, Huntington Bank
• Tony Poleondakis, Piedmont Capital Distributors
• Varanont Ruchira, Huntington Asset Services
• Dee Anne Sjogren, Thompson Coburn
• Dan Sondheim, SunStar Strategic
• Anna Maria Spurgin, Huntington Asset Services
• Bill Thomas, former CEO of Grail Advisors
• Jeff Young, Huntington Asset Services
Topics ranged from trends in the wholesaling of mutual funds to a Capitol Hill, SEC and FINRA update. Attendees also participated in a roundtable discussion about distribution strategies and tactics, sharing their successes and lessons learned as their businesses grew.
An investor should consider the funds’ investment objectives, risks, and charges and expenses carefully before investing or sending any money. This and other important information about the investment company can be found in the funds’ prospectus. To obtain a prospectus, call 1-800-418-TEAM or visit www.teamassetstrategy.com. Please read the prospectus carefully before investing. The TEAM Funds are distributed by Unified Financial Securities, Inc. (Member, FINRA). Unified Financial Securities Inc. is a wholly owned subsidiary of Huntington Bancshares, Inc.
Huntington Asset Services has been chosen by Kovitz Investment Group, LLC to administer the launch of the advisor’s first mutual fund, the Green Owl Intrinsic Value Fund. Huntington Asset Services’ Valued Advisers Trust will provide back-office support and service for the Chicago-based investment firm’s new fund.
“We are excited to work with an industry leader like Kovitz Investment Group,” said Brian Blomquist, president, Huntington Asset Services. “Their proven track record in the equity space, along with their success in the investment management business, makes them a perfect fit for our growing Valued Advisers Trust series trust solution.”
Marc Brenner, president, Kovitz Investment Group, said, “As we looked to launch our first mutual fund, we sought a partner who could help us bring our fund to market effectively and efficiently, while also providing a complete turnkey solution. Huntington Asset Services worked with us to develop the structure of the fund and collaborated with our team to ensure a successful launch later this year.”
Huntington Asset Services is a leading provider of fund administration and accounting, as well as distribution and transfer agency services.
Joe Flannery has joined Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), as a senior vice president. In his new role, he will manage the transfer agency, cash management and office administration groups and will report directly to Brian Blomquist, president, Huntington Asset Services.
“I am very excited about Joe joining the Huntington Asset Services team," said Blomquist. "His background and leadership abilities give him the vision, experience and track record needed to grow our business.”
Flannery has more than 21 years of experience in asset servicing, transfer agency and cash management. Prior to joining Huntington, he was vice president and head of Financial Controls at JP Morgan Chase's Transfer Agency in Cincinnati, Ohio. In this role, he was accountable for leading the financial control function of the transfer agency operations for the western hemisphere. He oversaw all reconciliation and cash movement activities for mutual fund products, including hedge funds and exchange traded funds. Flannery also held similar positions at Fidelity Investments and Federated Investors.
He earned his bachelor’s degree in accounting from Indiana University of Pennsylvania, Indiana, Pa.
Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), announced it will assist Longview Capital Management LLC with its first mutual fund offering. The Delaware-based investment firm will offer a new mutual fund that will be serviced through Huntington Asset Services’ Valued Advisers Trust. Huntington Asset Services is a leading provider of fund administration and accounting, as well as distribution and transfer agency services.
"We are pleased to help a respected investment firm like Longview Capital Management LLC launch its first mutual fund," said Brian L. Blomquist, president of Huntington Asset Services. "Longview’s investment strategy and expertise is well respected in the industry, and Huntington is appreciative of the confidence being shown in our people and our solutions."
Christian M. Wagner, Longview Capital’s chief executive officer and chief investment officer, said, "We selected Huntington Asset Services for its experienced team of professionals, extensive history of fund management and turnkey solutions. The series trust solution, the Valued Advisers Trust, was a perfect fit for our plans for the fund. In a competitive marketplace, it’s important for an investment advisor to focus on the investment process and growth. Huntington’s service model allows us to do just that."
This represents the seventh advisor to launch its fund within this trust since its inception. Huntington Asset Services serves more than 20 advisors within its two series trusts.
We are pleased to announce our keynote speaker this year will be William Thomas. In keeping with our theme, Bill will focus on how funds can best leverage their platform relationships and position themselves in the marketplace.
Bill Thomas served as Chief Executive Officer for Grail Advisors LLC, an innovator in the creation and distribution of actively managed Exchange Traded Funds (ETFs). Grail worked with established asset managers, distributors, and related financial institutions to design and deliver fully disclosed actively managed ETFs to the global investment community.
Bill was previously with Charles Schwab Investment Management (CSIM), where he was Head of Distribution. He was responsible for the retail and institutional
distribution of the Schwab and Laudus Funds, as well as the correspondent clearing business. These businesses combined were $400B in assets and over $200M in annual revenue. Prior to joining CSIM, he managed the OneSource mutual fund platform for Charles Schwab, with over $350B in assets.
Previously Bill held positions at Scudder Kemper Investments, where he served as Managing Director of the Intermediary Business. His management responsibilities
included Mutual Funds, Annuities, Closed End Funds, and Separate Accounts. Prior to Scudder, Bill was National Sales Director for State Street Global Advisors, where he led the retail and institutional sales efforts.
Bill is a graduate of Lake Forest College and former Chairman of the Mutual Fund Education Alliance.
For more information, click on the attached pdf file. Download PDF file
Huntington Asset Services will once again bring together industry experts to discuss a number of important topics, including distribution strategies, wholesaling, regulatory changes, trends in operations, and platform leverage. In addition, our clients will share their stories in a roundtable discussion. For information, please contact Jeff Young at jeffrey.young@huntington.com. Download PDF file
This webinar will include an overview of the cost basis rule and its impact on mutual fund families. We will also cover the technology upgrades and options available through our transfer agency system and an update on direction within the mutual fund industry. Joining our webinar panel will be:
Jeff Young - Senior Vice President, Relationship Management with Huntington Asset Services
Robert A. Velotta, CPA, MT - Tax Technical Director with Cohen Fund Audit Services
Peggy Larkin - Senior Manager for Asset Arena Transfer Agency with Sungard
Jeff Naylor - Vice President for Asset Arena Transfer Agency with Sungard
Our agenda will include:
Overview of the Cost Basis Rule and Its Requirements
Update from Sungard on Its Development Efforts and Options
Industry Update and Outstanding Questions
Communications Plan from Huntington Asset Services
Click to Register
Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), announced it will assist Cloud Capital LLC with launching its first mutual fund offerings. The Oklahoma-based investment firm will offer three new mutual funds that will be serviced through Huntington Asset Services’ Valued Advisers Trust. Huntington Asset Services is a leading provider of fund administration and accounting, as well as distribution and transfer agency services.
"A strong partnership with a skilled service provider is particularly important for start-up mutual funds,” said Brian L. Blomquist, president of Huntington Asset Services. “With so many tasks to accomplish in such a short period of time, it's vital that an advisor be able to turn to a team of experts who can guide them through their initial phase of operations. Huntington Asset Services brings years of experience to Cloud Capital, so they can focus on the investment strategies that serve their customers’ needs.”
Cloud Capital’s president and founding partner, Randy Cloud, chose Huntington Asset Services because of Huntington’s ability to offer their clients experienced service and customized investment solutions.
“Assisting our clients in achieving their long-term financial goals is the cornerstone of our business, and Huntington Asset Services will help provide the right solutions vital to the successful launch of our first mutual funds,” said Cloud. “Huntington’s unique blend of talent, extensive experience and personalized service will help us continue to effectively deliver client-centered, performance driven investment strategies to our customers.”
Huntington Asset Services, a subsidiary of Huntington Bancshares Incorporated, announced that Sound Mind Investing Funds has extended its contract through 2013.
Sound Mind Investing Funds has been a Huntington Asset Services client since 2005. Huntington Asset Services provides fund administration, fund accounting, distribution support and transfer agency services.
"Over the years, Huntington Asset Services has been a great partner as we've grown our business. Their personalized service and recent investments in state-of-the-art technology showed us their strong commitment to our business and our funds," said Mark Biller, senior portfolio manager, Sound Mind Investing Funds.
"We've been working with Sound Mind Investing since they launched their first fund in 2005," said Brian L. Blomquist, president, Huntington Asset Services. "We're delighted that they chose to extend our relationship and look forward to continuing to support them as they grow in the future."
For more information about Sound Mind Investing Funds, visit their website, www.smifund.com.
Huntington Asset Services, a leading provider of fund administration and accounting, distribution, and transfer agency services, has been selected by Angel Oak Capital Advisors to manage the advisor's first mutual fund offering.
The new fixed income fund will be the fifth fund serviced through Huntington Asset Services' Valued Advisers Trust.
"The time is right for firms thinking about launching new mutual funds," said Brian L. Blomquist, president of Huntington Asset Services. "With our Valued Advisers Trust, we can offer advisors a fully integrated, turnkey solution that provides economies of scale for operations while allowing individual funds to have their own identity."
Brad Friedlander, managing partner at Angel Oak Capital Advisors, said, "The Huntington Asset Services team spent a great deal of time with us discussing all the steps involved in launching a mutual fund. We were impressed by their high level of expertise and experience as well as the significant amount of personalized attention we received prior to our decision."
Angel Oak Capital Advisors is a boutique asset management firm based in Atlanta, Ga. with $165 million in assets under management.
Huntington Asset Services, a subsidiary of Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com ), today announced that it has been selected by Alta Trust Company to provide transfer agency services for its family of collective investment funds. A collective investment fund is an investment pool utilized by qualified retirement plans.
"As collective investment funds continue to grow in popularity, we're pleased to work with our clients to create customized solutions that make these funds easier to manage," said Brian L. Blomquist, president, Huntington Asset Services. "That's one reason Huntington Asset Services has achieved such strong growth over the past year."
Adam Ponder, principal, Alta Trust Company, added, "Huntington Asset Services' service model and experience was a natural choice when we wanted to find a third-party organization to manage transfer agency services for our collective investment funds. We're pleased with the level of knowledge and attention Huntington has provided."
Alta Trust Company is a South Dakota chartered trust company that specializes in helping financial advisors, pension consultants, attorneys, accountants, third party administrators and plan sponsors. Alta Trust Company currently administers accounts for individuals, companies and 401(k) participants throughout the United States.
Huntington Asset Services, a leading provider of fund administration and accounting, distribution, and transfer agency services, has been selected by Baltimore-based Geier Asset Management, Inc., to oversee the advisor's first mutual fund offering.
The fund will be serviced through Huntington Asset Services' Valued Advisers Trust.
"We're pleased to help a respected investment firm like Geier Asset Management, Inc. launch their first mutual fund," said Brian L. Blomquist, president of Huntington Asset Services. "By servicing the fund through the Valued Advisers Trust, Geier's investment advisors can concentrate on offering their customers expert advice without worrying about managing the logistics of the fund."
Thomas Geier, vice president and chief operating officer for Geier Asset Management, Inc. said, "We selected Huntington Asset Services for their experienced team of professionals, extensive history of fund management and turnkey solutions. Their expertise made it much easier for us to launch our first fund."
This presentation is intended to provide an overview of the new Form ADV Part 2, including a discussion of “Plain English”, practical drafting tips, and delivery, filing & updating requirements. The webinar is available at no cost to its participants, and is brought to you by Huntington Asset Services.
Date:
Wednesday, December 1, 2010
Time:
1:00 PM - 2:00 PM EST
Click to Register
Huntington Asset Services has selected SunGard’s Asset Arena Transfer Agency, a high-volume shareholder recordkeeping system that processes mutual fund transactions as they happen. Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com), provides comprehensive solutions to investment managers.
By delivering a high degree of automation and real-time results, Asset Arena Transfer Agency will help Huntington Asset Services more efficiently service clients. Asset Arena Transfer Agency will also help Huntington Asset Services support new business growth.
Huntington Asset Services chose Asset Arena Transfer Agency because it can work with a variety of complex traditional and non-traditional investment products and requires no software installation. The flexibility and scalability of Asset Arena Transfer Agency will help Huntington Asset Services quickly adapt to the growth, challenges and opportunities of a rapidly changing industry.
Brian Blomquist, president of Huntington Asset Services, said, “Our organization was impressed by the Asset Arena Transfer Agency technology and capability to support multiple products. We are confident that SunGard’s solution will help us better serve our clients and support our growth.”
Doug Morgan, president of SunGard’s institutional asset management business, said, “SunGard is committed to providing large investment management organizations and service providers with transfer agency solutions that provide automation, real-time capability, and scale. SunGard looks forward to supporting Huntington Asset Services as it continues to grow in the asset servicing space.”
COLUMBUS, Ohio and INDIANAPOLIS, Indianna -- October 28, 2010 -- Huntington Asset Services, a subsidiary of Huntington Bancshares Incorporated (Nasdaq: HBAN), today announced that Appleseed Fund has extended its contract for an additional two years, through 2012.
Appleseed Fund, a mid-cap value mutual fund that invests in sustainable, undervalued companies, has been a Huntington Asset Services client since 2006.
"We look to invest in sustainable companies that balance the generation of profits with an awareness of their impact on the environment and society," said Bill Pekin, co-portfolio manager of the Appleseed Fund. "We believe the best way to generate strong returns is to pursue only our best ideas, to minimize downside risk, to seek out underappreciated value, and to invest in high quality companies where we expect value to increase over the long term."
"Our four-year relationship with Huntington Asset Services has been consistently positive," added Pekin. "We've been pleased with their strategic insight and turnkey approach that allows us to focus on growing our mutual fund without the hassle of managing logistics."
Brian L. Blomquist, president, Huntington Asset Services, said, "We're pleased that Appleseed Fund has once again selected Huntington Asset Services to provide transfer agency services, fund accounting, fund administration and distribution support. We look forward to continuing this successful partnership."
Huntington Asset Services, a wholly owned subsidiary of
Huntington Bancshares Incorporated (NASDAQ: HBAN (www.huntington.com), recently
held a client conference in Indianapolis. The conference was designed to give mutual
fund managers and financial advisors pointers on social media, distribution, wholesaling,
regulatory changes and audit requirements. Please see the attached release for more details. Download PDF file
Huntington Asset Services, a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN (www.huntington.com), held a conference for clients and prospective clients last week in Indianapolis. The conference was designed to give mutual fund managers and financial advisors pointers on social media, distribution, wholesaling, regulatory changes and audit requirements.
Featured panelists and speakers included Ira P. Cohen, industry consultant; Bruce Johnston, president and CEO, Advisolocity; Ken Grant, president, Northeast Retirement Services; Paul McConville, executive vice president, Infinity Capital Management, LLC; and Dan Sondhelm, vice president and partner, SunStar Strategic, along with members of the Huntington Asset Services distribution staff.
Additionally, a panel discussion on upcoming regulatory changes and audits featured industry experts Don Mendelsohn, partner, Thompson Hine LLC and John Lively of the 1940 Act Law Group. The conference concluded with a review of the fund audit process by Huntington Asset Services’ fund accounting leadership team and Chris Bellamy, CPA and partner, Cohen Audit Services.
“As we’ve grown our business in recent years, we’ve learned that fund managers are most interested in finding new ways to connect, whether through new distribution channels or through social media. They also have concerns about government regulations,” said Brian L. Blomquist, president, Huntington Asset Services. “This conference was one way for us to help our clients more effectively reach their customers.”
To give clients even more information on using social media, a white paper is now available on the Advisolocity website at www.advisolocity.com/huntington. The white paper was authored by Jeffrey Young, senior vice president of relationship management for Huntington Asset Services, and Bruce Johnston, president and CEO of Advisolocity.
Huntington Asset Services has named Robert Silva vice president of financial administration. He is responsible for overseeing the financial administration department as well as providing financial reporting and budgeting support for clients. He will also ensure that regulatory changes are implemented in a timely manner.
“We are thrilled to have Rob join our team,” said Brian L. Blomquist, president, Huntington Asset Services. “Our clients will benefit from his high level of financial expertise and extensive experience in working with mutual funds."
Before joining Huntington Asset Services, Silva was a senior vice president for Citi Fund Services and has served as treasurer for several mutual fund families. He has also served as director of performance analytics and administration as well as assistant treasurer and assistant vice president for an investment company. He has a bachelor of science degree from Bridgewater State University.
Beyond your referral network there is a universe of High Net Worth individuals who are looking for the expertise you practice every day.
The problem is they don’t know how to connect with you. Why not lead your prospects and clients to your digital doorway through a smart, low cost social media initiative?
We will show you how to get started, launch your program and measure the results. You will see why a social media initiative does not have to be an expensive chore when you read
INTRODUCTION TO SOCIAL MEDIA,
A guide for smaller money managers.
Authored by R. Jeffrey Young of Huntington Asset Services and D. Bruce Johnston of Advisolocity, this white paper shows you how to set the stage for using social media to publicize and promote your unique brand of thought leadership.
Click Here to Download
Huntington Asset Services, a leading provider of fund administration and accounting, distribution, and transfer agency services, has been selected by TEAM Financial Asset Management, Inc. to administer the advisor's first mutual fund offering, TEAM Asset Strategy Fund (TEAMX). Huntington Asset Services, formerly Unified Fund Services, is a subsidiary of Huntington Bancshares, Inc., which provides custody services through its Huntington Bank subsidiary.
"The fund will be serviced through Huntington Asset Services' Valued Advisers Trust, which provides investment advisors a platform to quickly launch a mutual fund while meeting all regulatory requirements and offering a full range of customer service support," explained Brian L. Blomquist, president of Huntington Asset Services and Huntington Bank senior vice president.
"The Valued Advisors Trust can facilitate multiple funds, offering advisors the economies of scale of an existing mutual fund trust while retaining the full autonomy of the individual fund," said Blomquist. "TEAM Financial is a seasoned investment firm with an excellent reputation. We are glad to be adding value for TEAM Financial by providing a customized solution for what we believe will be a successful investment offering for the firm."
James Dailey, chief investment officer for TEAM Financial and co-manager of the newly created fund, said "Huntington Asset Services' long track record and mutual fund service solutions provided the best option to bring TEAMX to market. The opportunity to work within Huntington Asset Services' turnkey solution to bring our first fund to market proved unbeatable."
"We want to offer our investment customers the advantage of our strategic insight through a proprietary fund, without the headache of managing fund logistics. By offering TEAMX through Huntington Asset Services' Valued Advisers Trust, we got exactly what we wanted," Dailey said.
Unified Fund Services is now a member of the Small Funds Network. The Small Funds Network is a new, innovative service created to bring together leading third-party providers, consultants and small mutual fund company executives to inform, educate and accelerate the sharing of critical information so they can make better informed decisions. SFN links executives with vital information and industry intelligence, without spending the money and time it takes to attend trade shows and conferences.
Unified Fund Services will host a webinar on August 3, 2010 at 1:00 pm eastern on the use of social media by advisors and mutual funds. The webinar will feature panelists representing marketing, technology and compliance. More information will be provided by your Relationship Manager or you may contact Jeff Young at 317-917-7031 or jeffrey.young@ufsonline.com. We look forward to your participation.
Unified Fund Services announced that it will host a client conference in Indianapolis September 12-13, 2010. The conference will feature a number of speakers and panel discussions covering such topics as leveraging platform distribution opportunities, media relations, social media, new compliance rules and audit requirements. More information will be forthcoming.
This one-hour interactive webinar will cover the SEC’s New Custody rule, which became effective in March. The webinar will include definitions of and types of custody and “remedies” to custody, including surprise examinations and the use of qualified custodians.
The webinar will begin at 1:00 pm Eastern on May 11, 2010.
Please contact your Relationship Manager or Business Development Officer for registration instructions.
Unified Fund Services, Inc., a wholly owned subsidiary of Huntington Bancshares Incorporated since 2006, has appointed Jeff Young as senior vice president of relationship management for the company.
"Jeff's expertise in both the mutual fund servicing and investment advisory arena will benefit both our clients and our colleagues. He brings more than 20 years of financial services experience to our service platform," said Brian Blomquist, president of Unified Fund Services.
Founded in Indianapolis in 1952, Unified's turnkey services include mutual fund accounting, administration, transfer agency, compliance support, distribution and custody services.
In his role, Young and his team will continue to support Unified's clients to ensure quality service delivery, while also leading initiatives designed to further strengthen Unified's position in the industry.
Prior to joining Unified in 2010, Young was managing director and Chief Operating Officer of WealthStone, Inc., a Columbus-based wealth management firm. Before joining WealthStone, he spent nearly 14 years with BISYS Fund Services, where he held a number of executive positions, including Senior Vice President of Client Services. Young received both his Bachelor's degree and MBA from Ohio University and is a member of the university's Finance Advisory Council. He has served on a number of mutual fund boards and holds his Series 7 and 24 securities licenses.
COLUMBUS, Ohio – Unified Fund Services, Inc., a wholly owned subsidiary of Huntington Bancshares Incorporated since 2006, has appointed Brian Blomquist as president of the company. Blomquist has led the Trust Operations and Institutional Custody group of Huntington National Bank for the past two years.
“An outstanding executive and leader, Brian will commit his expertise and vision to building upon Unified’s strengths,” said Daniel B. Benhase, Huntington senior executive vice president and director of the Private Financial Group.
Founded in Indianapolis in 1952, Unified’s turnkey services include mutual fund accounting, administration, transfer agency, compliance support, distribution and custody services.
“Unified Fund Services is an outstanding organization that I’ve known and worked with for many years, and I’m proud to be leading such an excellent team,” said Blomquist. “We will continue to invest in our technology infrastructure and work to grow our business, while enhancing the quality, depth and breadth of our services."
Prior to joining Huntington in 2008, Blomquist managed his own consulting business focused on assisting institutions with bank mergers and acquisitions. Previously, he spent 15 years as the Executive Vice President of The Lindner Funds, a former St. Louis-based mutual fund family. Blomquist earned his Bachelor of Arts degree in Accounting at Kentucky Wesleyan College and pursued his MBA at Southern Illinois University, Edwardsville. While at Lindner, he served on the Board of Governors of the Mutual Fund Educational Alliance and as President of the 100% No-Load Mutual Fund Council.
About Huntington
Huntington Bancshares Incorporated is a $52 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has been providing a full range of financial services including checking, loans, savings, insurance and investment services to customers for 144 years. Huntington has more than 600 banking offices across six states. Huntington also offers retail and commercial financial services online at huntington.com; through its telephone bank; and through its network of over 1,300 ATMs.
TEAM Financial Asset Management launched its first fund, TEAM Asset Strategy Fund, in the Unified's series trust, the Valued Advisers Trust. TEAM is based in Harrisburg, Pennsylvania and has been managing assets for high-net-worth individuals since 1994.
TEAM Asset Strategy Fund
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