U.S. SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C. 20549

                              FORM 12b-25

                       NOTIFICATION OF LATE FILING

  [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q  [ ] Form N-SAR

For Period Ended:  March 31, 2000
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR

For the Transition Period Ended:


- --------------------------------

        Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:  Not applicable

PART I--REGISTRANT INFORMATION
- ------------------------------

     Full name of Registrant:           Unified Financial Services, Inc.
     Former Name:                       Unified Holdings, Inc.
     Commission File Number:            0-22629
     IRS Employer Identification No.:   43-1797759

     431 North Pennsylvania Street
     Address of Principal Executive Office (Street and Number)

     Indianapolis, Indiana  46204-1873
     City, State and Zip Code

PART II--RULES 12B-25(b) AND (c)
- --------------------------------

If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)

The registrant hereby represents that:

     [x]  (a) The reasons described in reasonable detail in Part III
of this form could not be eliminated without unreasonable effort or
expense;





     [x]  (b) The subject report on Form 10-Q or portion thereof will
be filed on or before the fifth calendar day following the prescribed
due date; and

     [x]  (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.

PART III--NARRATIVE
- -------------------

State below in reasonable detail the reasons why Form 10-Q or portion
thereof could not be filed within the prescribed time period.

Despite the Company's diligent efforts, completion of the Form 10-Q has
been delayed due to unanticipated difficulties experienced in
incorporating the financial information of certain of the Company's
subsidiaries.

PART IV--OTHER INFORMATION
- --------------------------

     (1) Name and telephone number of person to contact in regard to
this notification:

         David F. Morris       (314)             552-6179
             (Name)         (Area Code)     (Telephone Number)

     (2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for
such shorter period that the registrant was required to file such
report(s) been filed? If the answer is no, identify report(s).
     [X] Yes     [ ] No

     (3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will
be reflected by the earnings statements to be included in the subject
report or portion thereof?
     [X] Yes     [ ] No

     If so:  attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.

     The Company anticipates to incur a loss of approximately $1.2
million for the first quarter of 2000 as compared to net income of
approximately $180,000 for the first quarter of 2000.  The Company's
results of operations for the quarter ended March 31, 2000 were
adversely affected by certain ongoing business initiatives, costs
relative to expanding the Company's management team, costs associated
with start-up companies and costs associated with termination of certain
unprofitable operations.



                               - 2 -





                  UNIFIED FINANCIAL SERVICES, INC.
             (NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.


Date:  May 15, 2000          By: /s/ David F. Morris
                                ------------------------------------------
                                David F. Morris, Senior Vice President




                               - 3 -