Bob Dorsey, co-founder and vice chairman of Ultimus Fund Solutions, LLC, has announced today in a news release that he will retire, effective March 31, 2021.
Dorsey’s career spans more than 40 years in the mutual fund industry. Since co-founding Ultimus in 1999, he has served as the firm’s managing director, president, CEO and co-CEO for the past two decades.
Going forward, Dorsey, as part-owner, will continue to have a vested interest in the company. Mark Seger, co-founder and vice chairman, will maintain his current active role with the firm.
Based in Cincinnati, Ultimus Fund Solutions operates as a brokerage firm, offering stocks, bonds, mutual funds, private equity, venture capital, and other investment products.