One of the most valuable benefits the Utah Medical Association has offered its members in many years is UMA Financial Services, Inc. (UMAFS) The primary objective of UMAFS is to assist physicians in achieving their personal financial goals. To achieve this objective, UMAFS provides UMA member physicians the best possible retirement, investment, education funding, insurance and estate planning services. These services are provided by full-time financial advisors who are salaried, i.e., they receive no commissions.

UMA members receive consultations and financial analyses at no cost.

This year the UMAFS will complete its sixteenth year of operations having served over 1,600 UMA member physicians statewide. As of the second quarter of 2009, the company has approximately $300 million in assets under management. This dollar figure is increasing at about $2 million per month.

The UMAFS was organized at the direction of the UMA House of Delegates and is directed by a physician-dominated Board of Directors, chaired by: