Bob Dorsey set to retire from Ultimus Fund Solutions
27 October 2020 Cincinnati
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Ultimus Fund Solutions co-founder Bob Dorsey has revealed he will be retiring on 31 March 2021.
Dorsey, who founded Ultimus in August 1999, has served as managing director, president, CEO and co-CEO for over 19 years and his current role as vice chairman since February last year.
During his time at Ultimus, he oversaw the business development and growth opportunities for the company, with a particular focus on client service.
Commenting on his retirement, Dorsey said: “When we started the firm, our goal was not to be the biggest mutual fund administrator in the industry but simply the best in the industry. One of our objectives was to elevate the status of fund administration to the level of other professional services, such as investment advisory, legal and audit services, and to always focus on delivering the highest level of client services.”
Gary Tenkman, Ultimus CEO, added: “Bob Dorsey and his partners started this firm with aspiring goals and they accomplished a great deal. Thanks to Dorsey’s vision, he helped shape the firm we have today. Many clients that started with Dorsey and his partners in the early years of Ultimus are still clients today because of the co-founders’ client-centric philosophy.”
Headquartered in Cincinnati, Ohio with offices in other cities such as Chicago, New York and Boston, Ultimus is a provider of full-service fund administration, account and investor solutions to support the launching and servicing of registered funds, private funds, and public plans.
Dorsey, who founded Ultimus in August 1999, has served as managing director, president, CEO and co-CEO for over 19 years and his current role as vice chairman since February last year.
During his time at Ultimus, he oversaw the business development and growth opportunities for the company, with a particular focus on client service.
Commenting on his retirement, Dorsey said: “When we started the firm, our goal was not to be the biggest mutual fund administrator in the industry but simply the best in the industry. One of our objectives was to elevate the status of fund administration to the level of other professional services, such as investment advisory, legal and audit services, and to always focus on delivering the highest level of client services.”
Gary Tenkman, Ultimus CEO, added: “Bob Dorsey and his partners started this firm with aspiring goals and they accomplished a great deal. Thanks to Dorsey’s vision, he helped shape the firm we have today. Many clients that started with Dorsey and his partners in the early years of Ultimus are still clients today because of the co-founders’ client-centric philosophy.”
Headquartered in Cincinnati, Ohio with offices in other cities such as Chicago, New York and Boston, Ultimus is a provider of full-service fund administration, account and investor solutions to support the launching and servicing of registered funds, private funds, and public plans.
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