How RIAs Can Build Proprietary Funds to Better Serve Their Clients – Ultimus Fund Solutions – 10.28.25

Summary:

This webinar will examine how RIAs are developing their own pooled vehicles, such as ETFs, interval funds, and/or mutual funds, to bring operational efficiency to their practice and provide better solutions for their investors.

Accepted for 1 CFP / IWI / CFA CE Credit

Speakers:

Kevin Wolf currently serves as Executive Vice President, Head of Client Strategies at Ultimus Fund Solutions, where he focuses on enhancing client outcomes and delivering exceptional fund solutions. Kevin also serves as the primary executive officer for select series trusts sponsored by Ultimus, further demonstrating his commitment to client success. He joined Gemini Fund Services (now Ultimus Fund Solutions) in 2001, bringing over two decades of expertise in the financial services industry.

From 2019 to 2025, Kevin held the position of Executive Vice President, Head of Fund Administration and Product, where he played a pivotal role in shaping and expanding the company’s service offerings. Prior to that, from 2012 to 2019, Kevin served as President of Gemini Fund Services, in which he oversaw all operations and service units, driving efficiency and growth across the organization.

Kevin started in the mutual fund industry in 1991, and he accumulated extensive expertise in financial reporting and fund management. Before joining Ultimus, he was Assistant Vice President in the financial reporting department of Salomon Smith Barney Asset Management, where he was responsible for the preparation of shareholder reports for over 200 mutual funds while supervising a staff of reporting specialists. Earlier in his career, Kevin refined his skills as a mutual fund accountant for both Dean Witter (currently Morgan Stanley) and Chemical Bank (currently JP Morgan Chase).

Kevin received a Bachelor of Science degree in Accounting and Business Administration from the State University of New York at Albany.

How do I help our clients Live a Richer Life^®?
Private credit, by its nature, is a complex and elusive asset class, and particularly so for individual investors. My role at Lenora Capital is to bridge that gap, making institutional quality investment opportunities accessible to our clients. I aim to empower our clients with the knowledge and investment access to create greater diversification and more robust income streams in their portfolios, which align with their financial aspirations and allow for a richer life.

How do I align my time and money with my values and passions to Live a Richer Life^®?
Living a richer life means continuously growing my relationship with my son, wife, family, and friends and building a home that functions as a place of joy for all of these people. I challenge myself to be physically and mentally fit by committing to exercise, mindfulness, and healthy habits. I put myself in environments that allow my mind to be creative, curious, and seek knowledge.

Jeff Kilburg is the Founder, CEO, & CIO of KKM Financial, a boutique asset management company located in Chicago, IL. Mr. Kilburg leads KKM, which provides outsourced Chief Investment Officer services (OCIO), Equity and ETF model portfolios, Separately Managed Accounts (SMAs), custom option overlay strategies, Investment research and market commentary to advisors and family office clients globally. Mr. Kilburg serves as a portfolio manager to the Essential 40 Stock ETF (ESN), a modern-day version of the Dow Jones, and has served as a portfolio consultant to Nuveen Investments and InCapital. Previously, he also served as Chief Investment Officer to Sanctuary Wealth.

Terry represents registered investment companies, investment advisers, and broker-dealers, and heads the firm’s registered funds practice. He brings particular experience and skill to providing legal counsel on the Investment Company Act of 1940 and the Investment Advisers Act of 1940.

Terry has a broad background representing mutual funds, ETFs, closed-end funds, and other traditional registered funds investing across a variety of asset classes and strategies, including: public and private U.S., developed and emerging market equities; private credit, structured credit, high-yield, directly originated and broadly syndicated loans and other income-producing strategies; and real estate and infrastructure assets.

In addition to traditional funds, Terry also spends significant time counseling clients on the design and offering of alternative investment products, such as BDCs, funds of funds, interval funds and tender offer funds, that offer access for retail and high net worth investors to a variety of traditional “private market” asset classes, such as private credit and private equity, including on a primary, secondary, direct or co-investment basis.

Terry advises clients on the full range of issues facing registered funds, their independent directors and investment advisers, including, but not limited to: regulatory and compliance matters, SEC exemptive relief applications and compliance, registration and disclosure matters, seed capital and other funding transactions, financing arrangements, restructurings, and acquisitions.

Drawing on his experience as a Rule 38a-1 Chief Compliance Officer for a global financial services company, Terry routinely counsels investment advisers and registered investment companies in the structure of their compliance programs. He also represents clients in routine examinations by the Securities and Exchange Commission (SEC).