BBD provides audit services for introducing broker-dealers throughout the United States.

All broker-dealers are required to be audited by an independent public accountant registered with the Public Company Accounting Oversight Board.  BBD is registered with, and inspected by, the Public Company Accounting Oversight Board.

Public Company Accounting Oversight Board (PCAOB)

Auditors of public registrants, including investment companies, are subject to regular inspection by the PCAOB. Information about the results of an audit firm’s PCAOB inspections serves as a direct indication of the quality of a firm’s audits and should be evaluated when considering an audit firm. Inspection reports can help inform you about how an auditor performs on specific audits and in high-risk areas across audits. In the history of the PCAOB’s inspections of BBD, no audit deficiencies have been identified. We are very proud of this accomplishment and our commitment to the quality of our work, particularly because the great majority of our competitors, including those outside the Big Four, do not share this same distinction. It’s also very important to note that because our public company clients include only those in the investment management industry, each audit reviewed as part of the PCAOB’s inspection process applies to investment company accounting. This increased scrutiny gives our clients further comfort with our control environment and audit process. The PCAOB completes inspections of our Firm every three years. Our most recent inspection was completed in the Fall of 2020, and our most recent available inspection report is dated February 28, 2022.