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Ultimus Fund Solutions

Engaged Employer

Definitely better to be a client than an employee - Legal Ultimus Fund Solutions Employee Review

2.0
Nov 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Generally most of the people are great, with some glaring exceptions who are a complete pain. If you don't like micromanagement, this could be a good place for you because process management is not employed in any way. Pretty much your only involvement with management is a monthly meeting, or when a client calls and complains about you.

Cons

Comp is not competitive, both salaries and benefits are substandard. It's owned by VC so they basically start with the amount of money/margin they need to make and budget backwards and reduce the salaries/bonuses to meet the number that the VC fund needs to make. CEO appears to be isolated from what's going on in any department other than sales. Focus on process is non-existent. Different departments could not be more siloed unless that was actually Management's intent. I have only my experience to go on, but I get a feeling that double-digit bonuses are a rarity. They'll make you work on your vacation because turnover is so high that the department is never fully staffed so there's no one to back you up, and then they hand you a 5% bonus because you couldn't counter the client's manifest incompetence. They take a lot of clients with no mutual fund experience, and it's entirely up to the legal department to educate them. Some of the relationship managers are okay but for the most part their existence is imperceptible.

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Ultimus Fund Solutions Response
1y
Thank you for taking the time to provide your feedback. We understand there may be challenges in our industry, and at times it can be unpredictable. We encourage our associates to promptly bring their concerns to HR so we can appropriately investigate as needed. Our PTO offering is above industry standard, and we strongly encourage our team members to use their available time to support a positive work-life balance experience here at Ultimus. Additionally, HR holds all associate roundtables and check-ins throughout the year for feedback, wherein we consistently hear positive feedback about management and work-life balance. We are disappointed to hear that you had a different experience than most of our associates. We review and compare our salaries to the industry several times a year, along with other benefits Ultimus has to offer, to create a total compensation package that is fair and competitive. We appreciate the time you spent providing this feedback and if you should have any questions or concerns, please do not hesitate to contact HR@Ultimusfundsolutions.com

Explore other reviews about Ultimus Fund Solutions

5.0
Oct 8, 2025
Recommend
CEO approval
Business Outlook

Pros

I really enjoyed working at Ultimus Fund Solutions.

Cons

There was no process documentation. Everything is word of mouth.

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Ultimus Fund Solutions Response
3mo
Thank you for your feedback. We are pleased to hear that you enjoyed working at Ultimus. We value our associates and our culture, and we remain committed to continuously strengthening both. Regarding processes, we encourage our teams to regularly review and update them as we adapt to change, and will be sure to forward your valuable feedback to the managerial teams. We appreciate you taking the time to share your feedback. If you have any questions or additional concerns, please do not hesitate to contact us at HR@UltimusFundSolutions.com.
4.0
Mar 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture, advancement opportunities, and nice pto package

Cons

Work a lot of hours

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Ultimus Fund Solutions Response
3w
Thank you for sharing your feedback. We’re pleased to hear that you value our culture, advancement opportunities, and PTO offerings, these are areas we intentionally invest in to support our associates’ well being and career growth. In terms of hours worked, as we are an accounting-focused firm in the client service business, we are at times faced with unexpected requests which require additional hours, but in comparison to public accounting or similar work, we do not have mandatory weekends or set mandatory busy season hours. We appreciate the time you spent providing this feedback and if you should have any questions or concerns, please do not hesitate to contact HR@Ultimusfundsolutions.com
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