Skip to contentSkip to footer
employer cover photo
employer logo
employer logo

Ultimus Fund Solutions

Engaged Employer

Ultimus Fund Solutions reviews

3.6

69% would recommend to a friend

(104 total reviews)
avatar

Gary Tenkman

95% approve of CEO

73% positive business outlook

Ratings by category

3.7

Diversity & inclusion

3.7

Work/Life balance

3.7

Senior management

3.5

Culture & values

3.4

Career opportunities

3.2

Compensation and benefits

Ultimus Fund Solutions has an employee rating of 3.6 out of 5 stars, based on 104 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Ultimus Fund Solutions employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Reviews by job title

104 reviews
4.0
Nov 20, 2024

Great company

Senior fund accountant
Recommend
CEO approval
Business Outlook

Pros

Great people, work life balance, training, and remote work

Cons

Salary is a little lower than desired

avatar
Ultimus Fund Solutions Response
1y
Thank you for taking the time to provide your feedback. Ultimus values our culture and believes the ability to offer remote work opportunities is just one way we can support our associates with their individual needs. Our robust training and development programs we offer in-house, is another way we support our associates and their desire to grow professionally. 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
2.0
Nov 15, 2024

Definitely better to be a client than an employee

Legal
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.

avatar
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
5.0
Nov 6, 2024

The people make this place great

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people make Ultimus a fantastic place to work. Leadership cares about it's employees and growth opportunities are always available. Good PTO benefits.

Cons

I don't have any cons

avatar
Ultimus Fund Solutions Response
1y
Thank you for taking the time to provide feedback. It is encouraging to hear that you are receiving support from your management team and can grow within Ultimus. We do provide formal and informal training programs to assist associates in their professional growth. Additionally, we do believe in work-life balance and are glad to hear you are able to enjoy Ultimus’ benefits. 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
Viewing 22 - 24 of 104 Reviews
Related searches: Ultimus Fund Solutions jobs | Ultimus Fund Solutions salaries | Ultimus Fund Solutions benefits | Ultimus Fund Solutions interviews
ReviewsUltimus Fund Solutions reviews

Glassdoor has 104 Ultimus Fund Solutions reviews submitted anonymously by Ultimus Fund Solutions employees. Read employee reviews and ratings on Glassdoor to decide if Ultimus Fund Solutions is right for you.