Kaufman Rossin Group Concludes Sale of Global Fund Administrator

CPA and advisory firm expands resources in business and risk advisory practice

MIAMI, February 24, 2016 – Kaufman Rossin, one of the nation’s top CPA and advisory firms, announced today the closing of the sale of its award-winning fund administration affiliate, Kaufman Rossin Fund Services, to ALPS, A DST Company. The agreement between the two companies was signed in December.

“This deal strengthens the CPA and advisory firm by allowing us to focus on our core practice, improving our clients’ businesses and helping protect them from risk,” said Kaufman Rossin managing principal Blain Heckaman, CPA. “Technology and specialization have enabled us to serve clients more effectively through sophisticated consulting, whether it’s using data analytics, identifying gaps in their processes, or managing their accounting needs remotely with secure, cloud-based services.”

The Kaufman Rossin Group is perennially recognized as one of the best places to work regionally and nationally within the CPA and Advisory industry. This mindset led Kaufman Rossin to the rare decision to share proceeds of the sale with every employee.

“For 53 years, we have been a people-first business, and we plan to stay that way,” said co-founder and CEO Jim Kaufman. “We know that our people make this firm successful, and we’re delighted to be able to thank everyone in a very tangible way.”

About the Kaufman Rossin Group

The Kaufman Rossin Group has represented Florida businesses for more than 50 years and serves international clients in dozens of countries. The CPA and advisory firm is one of the largest in the U.S., providing traditional accounting, audit and tax services, as well as business, risk and forensic advisory services. The firm has won significant awards, including repeat honors as the Best Accounting Firm to Work For among large firms nationwide and locally. With more than 300 team members, the Group prides itself on offering the resources of a powerhouse, personally delivered. Go beyond the numbers at kaufmanrossin.com.

About ALPS

Through its subsidiary companies, ALPS Holdings, Inc. is a leading provider of innovative investment products and customized servicing solutions to the financial services industry. Founded in 1985, Denver-based ALPS delivers its Asset Gathering and Asset Servicing Solutions through offices in Boston, New York, Seattle, and Toronto. ALPS is a wholly-owned subsidiary of Kansas City-based DST Systems, Inc. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com.

About DST

DST Systems, Inc. is a leading provider of specialized technology, strategic advisory, and business operations outsourcing to the financial and healthcare industries. Combining unmatched industry knowledge, critical infrastructure, and service excellence, DST helps companies master complexity in the world’s most demanding industries to ensure they continually stay ahead of and capitalize on ever-changing customer, business and regulatory requirements. For more information, visit the DST website at www.dstsystems.com.

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