UMB Financial Services, Inc.

• A percentage of assets under your management

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated March 17, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$5,043,339 as of October 2026, filing dated September 3, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2004 (22 years)

Employees

Total: 55. Performing investment advisory functions: 54.

Wrap fee program participation

Yes.

Other offices (Schedule D, Section 1.F)

16 other offices, as of the October 2026 filing

Arnold, MOBelleville, ILClayton, MOCollinsville, ILDallas, TXDenver, CODubuque, IAGalena, ILKansas City, MOLeawood, KSMonroe, WIO'Fallon, MOPhoenix, AZRockford, ILSheboygan, WISt Louis, MO

States registered or notice-filed

51 states or jurisdictions

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SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $39,953,071 in the October 2021 data and $5,043,339 in the October 2026 data, down 87%.

Total employees: 70 in October 2021 and 55 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. October 2026
   • Updated its list of owners and control persons (Schedule A).
2. May 2026
   • Updated its list of owners and control persons (Schedule A).
3. April 2026
   • Regulatory assets under management went from $3,070,243 to $5,043,339 (+64%).
   • Employees performing advisory functions went from 51 to 54.
   • Added an office in Dallas, TX.
   • Added an office in Dubuque, IA.
   • Added an office in Galena, IL.
   • Added an office in Kansas City, MO.
   • Added an office in Monroe, WI.
   • Added an office in Phoenix, AZ.
   • Added an office in Rockford, IL.
   • Added an office in Sheboygan, WI.
   • No longer lists an office in Colorado Springs, CO.
   • No longer lists an office in Plano, TX.
   • No longer lists an office in Scottsdale, AZ.
   • No longer lists an office in Springfield, MO.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.