# EDGAR Filing Document

**Accession Number:** 0000757603
**File Stem:** 0001253179-25-000012
**Filing Date:** 2025-8
**Character Count:** 22640
**Document Hash:** b7fdcccee97691538d0b4f02d212e72b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001253179-25-000012.hdr.sgml**: 20250820

**ACCESSION NUMBER**: 0001253179-25-000012

**CONFORMED SUBMISSION TYPE**: TA-1/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250820

**DATE AS OF CHANGE**: 20250820

**EFFECTIVENESS DATE**: 20250830

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Asset Services, LLC
- **CENTRAL INDEX KEY:** 0000757603

**ORGANIZATION NAME:**
- **EIN:** 350913071

**FILING VALUES:**
- **FORM TYPE:** TA-1/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 084-00142
- **FILM NUMBER:** 251237507

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-869-4300

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HUNTINGTON ASSET SERVICES INC /TA
- **DATE OF NAME CHANGE:** 20100805

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNIFIED FUND SERVICES INC /TA
- **DATE OF NAME CHANGE:** 20100428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNIFIED ADVISERS INC                                    /TA
- **DATE OF NAME CHANGE:** 19980806

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM TA-1

### UNIFORM FORM OF APPLICATION FOR REGISTRATION AS A TRANSFER AGENT

### Registrant Information

**Appropriate regulatory agency:** SEC

**Full name of Registrant:** Ultimus Asset Services, LLC

**FINS Number:** 500496

**Address of principal office where transfer agent activities are performed:** 225 Pictoria Drive, Suite 450, Cincinnati, OH, 45246

**Is mailing address different from principal office address?:** No

**Telephone Number:** 513-869-4300

**Does registrant conduct business in other locations?:** Yes

**Other Business Location Address 1:** 4221 N. 203rd St., Suite 100, Elkhorn, NE, 68022

**Other Business Location Address 2:** 80 Arkay Dr., Suite 100, Hauppauge, NY, 11788

**Is registrant a self-transfer agent?:** No

**Does registrant engage a service company to perform any of its transfer agent functions?:** Yes

**Is registrant engaged as a service company by a named transfer agent?:** No

### Ownership and Control Information

**Registrant Type:** Other

**Description (if Other):** Limited Liability Company

**Does any other person control the management or policies of the applicant?:** No

**Does any other person directly or indirectly finance the applicant?:** No

**Control Affiliates Information:**

| Entity Name                                        | Relationship Start Date   | Title or Status               | Authority Description          | Relationship End Date   |
|:---|:---|:---|:---|:---|
| Ultimus Fund Solutions, LLC (Solutions)            | 12/31/2015                | holding company of registrant | sole member of registrant      |  |
| Ultimus Intermediary, LLC (Intermediary)           | 12/31/2015                | indirect owner                | sole member of Solutions       |  |
| Ultimus Holdings, LLC (Holdings)                   | 12/31/2015                | indirect owner                | sole member of Intermediary    |  |
| The Ultimus Group Midco, LLC (Midco)               | 02/01/2019                | indirect owner                | sole member of Holdings        |  |
| The Ultimus Group Intermediate, LLC (Intermediate) | 02/01/2019                | indirect owner                | sole member of Midco           |  |
| The Ultimus Group, LLC (UG)                        | 02/01/2019                | indirect owner                | sole member of Intermediate    |  |
| GTCR Fund XII/B LP (Fund)                          | 02/01/2019                | indirect owner                | majority owner of UG           | 07/01/2025              |
| GTCR Partners XII/B LP (Partners)                  | 02/01/2019                | indirect owner                | general partner of Fund        | 07/01/2025              |
| GTCR Investment XII LLC                            | 02/01/2019                | indirect owner                | general partner of Partners    | 07/01/2025              |
| Gary Richard Tenkman                               | 12/31/2015                | CEO and Managing Director     | directs affairs of registrant  |  |
| William Jacob Tomko                                | 04/24/2017                | Executive Vice President      | directs affairs of registrant  |  |
| Ian Andrew Martin                                  | 03/01/2020                | Chief Administrative Officer  | direct affairs of registrant   |  |
| Nicole Lynn Tichota                                | 07/30/2021                | Senior Vice President         | daily management of registrant |  |
| Ultra Holdco Parent, LLC (UHP)                     | 07/01/2025                | indirect owner                | sole owner of UG               |  |
| Ultra Intermediate Holdco, LP (UIH)                | 07/01/2025                | indirect owner                | sole owner of UHP              |  |
| Ultra Ultimate Parent, LP (UUP)                    | 07/01/2025                | indirect owner                | sole owner of UIH              |  |
| GTCR Fund XIV/A LP (XIV/A LP)                      | 07/01/2025                | indirect owner                | owner of UUP                   |  |
| GTCR Partners XIV/A&C LP (XIV/A&C LP)              | 07/01/2025                | indirect owner                | general partner of XIV/A LP    |  |
| GTCR Investment XIV LLC                            | 07/01/2025                | indirect owner                | general partner of XIV/A&C LP  |  |
| Ultra Intermediate Holdco GP, LLC                  | 07/01/2025                | indirect owner                | general partner of UIH         |  |
| Ultra Ultimate Parent GP, LLC                      | 07/01/2025                | indirect owner                | general partner of UUP         |  |

### Disciplinary History

- **Convicted/plead guilty to any felony or investment-related misdemeanor?:** No

- **Convicted/plead guilty to any other felony?:** No

- **Enjoined in connection with any investment-related activity?:** No

- **Found to have violated any investment-related statute or regulation?:** No

- **Made a false statement or omission in a filing with the SEC?:** Yes

  - **Details #1:**

    - **Entity Name:** Gemini Fund Services, LLC (Gemini)

    - **Action Title:** Order Instituting Cease and Desist Proceedings

    - **Action Date:** 05/02/2013

    - **Court/Body Name and Location:** United States Securities and Exchange Commission

    - **Action Description:** In connection with a notice served on two series trusts serviced by Gemini as fund administrator, the SEC alleged that, during the period January 2009 through December 2010, Gemini caused the trusts to violate certain federal securities laws. The SEC alleged that Gemini, in its capacity as fund administrator to certain series formed under the trusts, failed to ensure that certain shareholder reports contained adequate disclosure of the process by which the trustees evaluated the terms of certain advisory contracts entered into by the trusts and, in doing so, violated Section 30(e) of the Investment Company Act of 1940 and Rule 30(e)(1) promulgated thereunder. The SEC also alleged that Gemini failed to ensure that certain series of the trusts maintained and preserved copies of written materials that the trustees considered in reviewing and approving certain advisory contracts in violation of Section 31(a) of the Investment Company Act of 1940 and Rule 31a-2(a)(6) promulgated thereunder.

    - **Disposition:** In settlement, Gemini agreed to cease and desist from committing or causing any future violations, pay a $50,000 fine, and hire an independent consultant to review the compliance program relating to the trusts.

  - **Details #2:**

    - **Entity Name:** Unified Fund Services, Inc. (now know as Ultimus Asset Services, LLC) and Michael E. Durham

    - **Action Title:** In the Matter of Unified Fund Services, Inc. and Michael E. Durham

    - **Action Date:** 05/05/2006

    - **Court/Body Name and Location:** U.S. Securities and Exchange Commission

    - **Action Description:** The Commission found that Unified violated or caused to be violated various federal securities laws related to certain fund administration and accounting activities that occurred from 1999 through 2002.

    - **Disposition:** Cease and Desist Order

- **Found to have violated SRO rules or failed to supervise?:** Yes

  - **Details #1:**

    - **Entity Name:** Gemini Fund Services, LLC (Gemini)

    - **Action Title:** Order Instituting Cease and Desist Proceedings

    - **Action Date:** 05/02/2013

    - **Court/Body Name and Location:** United States Securities and Exchange Commission

    - **Action Description:** In connection with a notice served on two series trusts serviced by Gemini as fund administrator, the SEC alleged that, during the period January 2009 through December 2010, Gemini caused the trusts to violate certain federal securities laws. The SEC alleged that Gemini, in its capacity as fund administrator to certain series formed under the trusts, failed to ensure that certain shareholder reports contained adequate disclosure of the process by which the trustees evaluated the terms of certain advisory contracts entered into by the trusts and, in doing so, violated Section 30(e) of the Investment Company Act of 1940 and Rule 30(e)(1) promulgated thereunder. The SEC also alleged that Gemini failed to ensure that certain series of the trusts maintained and preserved copies of written materials that the trustees considered in reviewing and approving certain advisory contracts in violation of Section 31(a) of the Investment Company Act of 1940 and Rule 31a-2(a)(6) promulgated thereunder.

    - **Disposition:** In settlement, Gemini agreed to cease and desist from committing or causing any future violations, pay a $50,000 fine, and hire an independent consultant to review the compliance program relating to the trusts.

  - **Details #2:**

    - **Entity Name:** Northern Lights Compliance Services, LLC

    - **Action Title:** Order Instituting Cease and Desist Proceedings

    - **Action Date:** 05/02/2013

    - **Court/Body Name and Location:** United States Securities and Exchange Commission

    - **Action Description:** In connection with a notice served on two series trusts serviced by Gemini as fund administrator, the SEC alleged that, during the period January 2009 through December 2010, Northern Lights Compliance Services, LLC (NLCS), an affiliate under common control with the registrant, caused the trusts to violate certain federal securities laws. The SEC alleged that NLCS, in its capacity as chief compliance officer to certain series formed under the trusts, together with the trustees, failed to ensure that certain series of the trusts implemented their policies and procedures concerning the items upon which the trustees could rely when the trustees approved certain investment advisor compliance programs based on NLCS's report that such advisers' compliance manuals were "sufficient" and "in use" and that their code of ethics and proxy voting policies were "compliant." The SEC deemed that such failure constituted a violation of Rule 38a-1(a)(1) promulgated under the Investment Company Act of 1940.

    - **Disposition:** In settlement, NLCS agreed to cease and desist from committing or causing any future violations, pay a $50,000 fine, and hire an independent consultant to review the compliance program relating to the trusts.

  - **Details #3:**

    - **Entity Name:** Gemini Fund Services, LLC (Gemini)

    - **Action Title:** Order Instituting Cease and Desist Proceedings

    - **Action Date:** 01/22/2018

    - **Court/Body Name and Location:** United States Securities and Exchange Commission

    - **Action Description:** Gemini served as the administrator for GL Beyond Income Fund, a closed-end interval fund (the "Fund"), during the period from January 2012 until March 2015 and was responsible for calculating and reporting the daily net asset value ("NAV") for the Fund. The SEC alleged that during the period from February 2013 to December 2014, the NAV that Gemini reported was inflated because it included certain fraudulent assets. The SEC acknowledged that Gemini did not know that these assets were fraudulent, but alleged that: (i) Gemini did know that the Fund's custodian bank did not have adequate proof of the existence of many of these fraudulent assets, (ii) there were discrepancies between Gemini's records and those of the custodian bank, and (iii) Gemini failed to notify the investing public or the Fund's board of trustees of such discrepancies.

    - **Disposition:** In settlement, Gemini agreed to cease and desist from committing or causing any future violations, pay a civil monetary penalty, disgorge a portion of its revenue, and hire an independent compliance consultant.

  - **Details #4:**

    - **Entity Name:** Unified Fund Services, Inc. (now known as Ultimus Asset Services, LLC) and Michael E. Durham

    - **Action Title:** In the Matter of Unified Fund Services, Inc. and Michael E. Durham

    - **Action Date:** 05/05/2006

    - **Court/Body Name and Location:** U.S. Securities and Exchange Commission

    - **Action Description:** The Commission found that Unified violated or caused to be violated various federal securities laws related to certain fund administration and accounting activities that occurred from 1999 through 2002.

    - **Disposition:** Cease and Desist Order

- **Had authorization to act as a financial professional denied, suspended, or revoked?:** No

- **Had a registration as a financial professional denied, suspended, or revoked?:** No

- **Federal/State agency found a false statement or omission?:** No

- **Federal/State agency found a violation of investment-related regulations?:** Yes

  - **Details #1:**

    - **Entity Name:** Unified Financial Securities, LLC

    - **Action Title:** C93-03-409

    - **Action Date:** 05/05/1989

    - **Court/Body Name and Location:** Iowa Securities Bureau

    - **Action Description:** Filed audited financials late.

    - **Disposition:** $500 civil penalty.

- **Federal/State agency denied, suspended, or revoked authorization?:** Yes

  - **Details #1:**

    - **Entity Name:** Northern Lights Distributors, LLC

    - **Action Title:** R-2004-0004

    - **Action Date:** 01/27/2004

    - **Court/Body Name and Location:** Commonwealth of Massachusetts-Secretary of the Commonwealth, Securities Division

    - **Action Description:** Northern Lights Distributors, LLC (NLD), an affiliate under common control with Gemini, consented to the following with respect to Michael Miola, a control affiliate with respect to Gemini, in connection with a regulatory action taken by the National Association of Securities Dealers, Inc. against Mr. Miola: Mr. Miola's activities with NLD will be limited to a quarterly review of the performance of the firm and its management, he will not serve as a director, officer, principal, supervisor, or manager of NLD, he will have no power to direct the policies, procedures or operations of NLD, he will have no communications with the public on behalf of NLD, he will not be employed as an agent of NLD in Massachusetts, and he will not transact business in Massachusetts as an agent of NLD.

    - **Disposition:** Consent

  - **Details #2:**

    - **Entity Name:** Northern Lights Distributors, LLC (f/k/a Aquarius Fund Distributors, LLC)

    - **Action Title:** Registration Agreement Restriction Notice

    - **Action Date:** 10/27/2003

    - **Court/Body Name and Location:** State of Florida Office of Financial Regulation

    - **Action Description:** In connection with an application to the State of Florida Office of Financial Regulation, Northern Lights Distributors, LLC (NLD), an affiliate under common control with the registrant, consented to the following with respect to Michael Miola, a control affiliate with respect to Gemini, in connection with a regulatory action taken by the National Association of Securities Dealers, Inc. (NASD) against Mr. Miola: NLD agreed that Mr. Miola shall have no power to direct the policies, procedures, or operations of NLD, will not be permitted to serve on the Board of NLD or serve as an officer in any capacity and agreed that Mr. Miola will not act in any principal, supervisory, or managerial capacity of NLD, to offer for sale and sell only those securities that are exempt from the provision of Rule 3E-600.012(5), Florida Administrative Code, that its chief compliance officer will be actively involved in the maintenance of the firm's compliance with the rules and regulations of the states in which the firm is registered, the NASD, the SEC, to not engage in any prohibited business practice as that term is defined in Rule 3E-600.013, Florida Administrative Code, to immediately report specified complaints, and to comply with all state and federal securities laws.

    - **Disposition:** Consent

- **Federal/State agency entered an order against the applicant?:** No

- **Federal/State agency denied, suspended, or revoked registration?:** Yes

  - **Details #1:**

    - **Entity Name:** Northern Lights Distributors, LLC

    - **Action Title:** R-2004-0004

    - **Action Date:** 01/27/2004

    - **Court/Body Name and Location:** Commonwealth of Massachusetts-Secretary of the Commonwealth, Securities Division

    - **Action Description:** Northern Lights Distributors, LLC (NLD), an affiliate under common control with Gemini, consented to the following with respect to Michael Miola, a control affiliate with respect to Gemini, in connection with a regulatory action taken by the National Association of Securities Dealers, Inc. against Mr. Miola: Mr. Miola's activities with NLD will be limited to a quarterly review of the performance of the firm and its management, he will not serve as a director, officer, principal, supervisor, or manager of NLD, he will have no power to direct the policies, procedures or operations of NLD, he will have no communications with the public on behalf of NLD, he will not be employed as an agent of NLD in Massachusetts, and he will not transact business in Massachusetts as an agent of NLD.

    - **Disposition:** Consent

  - **Details #2:**

    - **Entity Name:** Northern Lights Distributors, LLC (f/k/a Aquarius Fund Distributors, LLC)

    - **Action Title:** Registration Agreement Restriction Notice

    - **Action Date:** 10/27/2003

    - **Court/Body Name and Location:** State of Florida Office of Financial Regulations

    - **Action Description:** In connection with an application to the State of Florida Office of Financial Regulation, Northern Lights Distributors, LLC (NLD), an affiliate under common control with Gemini, consented to the following with respect to Michael Miola, a control affiliate with respect to Gemini, in connection with a regulatory action taken by the National Association of Securities Dealers, Inc. (NASD) against Mr. Miola: NLD agreed that Mr. Miola shall have no power to direct the policies, procedures, or operations of NLD, will not be permitted to serve on the Board of NLD or serve as an officer in any capacity and agreed that Mr. Miola will not act in any principal, supervisory, or managerial capacity of NLD, to offer for sale and sell only those securities that are exempt from the provision of Rule 3E-600.012(5), Florida Administrative Code, that its chief compliance officer will be actively involved in the maintenance of the firm's compliance with the rules and regulations of the states in which the firm is registered, the NASD, the SEC, to not engage in any prohibited business practice as that term is defined in Rule 3E-600.013, Florida Administrative Code, to immediately report specified complaints, and to comply with all state and federal securities laws.

    - **Disposition:** Consent

- **Federal/State agency revoked or suspended a license?:** No

- **SRO found a false statement or omission?:** No

- **SRO found a violation of its rules?:** Yes

  - **Details #1:**

    - **Entity Name:** Unified Underwriters, Inc. (now known as Unified Financial Securities, LLC)

    - **Action Title:** N/A

    - **Action Date:** 03/16/1971

    - **Court/Body Name and Location:** National Association of Securities Dealers, Inc.

    - **Action Description:** Alleged certain violations of the Rules of Fair Practice with respect to the purchase of new issues and free riding.

    - **Disposition:** Fine of $12,000.

  - **Details #2:**

    - **Entity Name:** Unified Financial Securities, LLC

    - **Action Title:** C8A910016

    - **Action Date:** 05/20/1991

    - **Court/Body Name and Location:** National Association of Securities Dealers, Inc.

    - **Action Description:** Alleged that Unified violated certain provisions of the Rules of Fair Practice in that it failed to accurately compute its special reserve bank account, failed to reflect on its securities ledger three stock positions, and failed to accurately compute net capital.

    - **Disposition:** Censured and fined $5,000.

  - **Details #3:**

    - **Entity Name:** Unified Financial Securities, LLC

    - **Action Title:** C8A900012

    - **Action Date:** 11/07/1990

    - **Court/Body Name and Location:** National Association of Securities Dealers, Inc.

    - **Action Description:** Alleged that Unified, acting through Markell Kaiser, violated certain provisions of the Rules of Fair Practice with respect to the withdrawal of funds from its reserve account without adequate support, a reserve account deficiency, and the filing of an inaccurate Focus Report, Part I.

    - **Disposition:** Censured and fined $4,000.

- **SRO denied, suspended, or revoked authorization?:** No

- **SRO revoked or suspended a license?:** No

- **Subject of an order or finding by a foreign financial regulatory authority?:** No

- **Currently the subject of any proceeding that could result in a 'yes' answer to any of the above?:** No

- **Had a bond revoked for disorderly conduct, fraud, or dishonesty?:** No

- **Have any unsatisfied judgments or liens against them?:** No

### Signature

**Signature:** Ian A. Martin

**Title:** Chief Administrative Officer

**Date:** 08/20/2025

**Phone Number:** 513-869-4299