BBD is recognized as a national expert in providing
comprehensive audit and tax services for mutual funds, unregistered investment companies, investment advisors and securities broker/dealers. An affiliate, BBD Cayman, is located on Grand Cayman and provides services for offshore hedge funds based in the Cayman Islands.

BBD's experts have dedicated their careers to the service of the investment management industry and understand their complexities and specialized needs. These experts ensure that our clients are always served by a team with significant industry expertise and always receive the highest level of client service.

Unregistered Investment Companies

Accounting and auditing services include:

• Audits of annual financial statements


• Compilation or review of financial statements


• Internal Controls reviews


• Assistance with partnership profit allocations and performance based fee calculations

Tax services include:

• Consultation on tax aspects of security transactions


• Preparation of federal/state partnerships returns and Form K-1s


• Assistance with or representation for IRS or state tax audits


• Assistance with analyzing tax ramifications of complex securities transactions


• Assistance with partnership profit allocations for tax purposes


• Assistance with providing family office services to advisory clients

In addition to our traditional audit and tax services, our experts offer objective insight regarding:

• Organization of start-ups


• Selection of form of organization


• Review of partnership agreement and offering memorandum

Investment Advisors and Securities Broker/Dealers

• Audits of annual financial statements


• Internal Controls reviews
  
  

• Consultation on tax aspects of security transactions


• Preparation of federal/state income tax returns


• Assistance with or representation for IRS or state tax audits


• Assistance with analyzing tax ramifications of complex securities transactions


• Integrated corporate/partnership and individual tax planning


• Personal estate planning

In addition to our traditional audit and tax services, our experts offer objective insight regarding:

• Organization of start-ups


• Selection of form of organization

For more information about BBD’s services for investment companies, please contact Mike Boyle or Bill Kouser.