Ultimus Fund Solutions, a U.S.-based provider of fund administration, accounting, and investor solutions, has supported Beacon Capital Management in the launch of its first series of ETFs. Beacon, an investment advisory firm managing c. USD5.1bn and specialising in delivering separately managed account (SMA) strategies to the independent RIA, broker-dealer, and regional bank channels, sought diversification in its product offering to provide its intermediary clients with the ability to use a Beacon ETF as a core holding in investor investment portfolios.
