Unified Fund Services
's new president Brian Blomquist
is planning to grow his team. In an interview with The MFWire
, Blomquist said the firm is "slated to add at least an additional ten staff members."
The hiring will begin in May or June and run through through September, Blomquist said.
Blomquist took over as president on February 10, taking the reins from Tony Ghoston, who left to pursue other opportunities.
Already, Blomquist is putting his stamp on the Indianapolis-based mutual fund service provider.
Under his management, the firm announced his decision to install SunGard
's Asset Arena Investment Accounting, a global investment account and reporting
solution. Blomquist said he believed SunGard's platform would help "step up performance" at UFS. The installation will officially take place July 1.
Outside of the mutual fund sector, Blomquist hopes to strengthen the company's collective investment trust market. He said UFS is "one of only a few" firms offering these products in the mid-sized market and therefore has an opportunity to stake out a share in this space.
Prior to assuming his current post, Blomquist ran the trust operations and institutional custody group for Huntington National Bank
, a branch of UFS's parent company Huntington Bancshares Incorporated
. He now reports to Daniel B. Benhase
, Huntington senior executive vice president and director of the Private Financial Group.
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