Focus on what counts

Financial Services

Focused on a Return on Your Investment

The financial markets are fast-paced and constantly evolving. They’re also facing increasing regulatory scrutiny. Financial service firms need clear advice from their accountants and business consultants to navigate new regulatory requirements and meet their tax obligations. Our longstanding clients include broker-dealers, hedge funds, private equity funds, investment partnerships, and registered investment advisors. For clients in the financial services industry, we’re here to help set up business structures. We also consult with RIAs on regulations, reporting, and tax treatments.

How Citrin Cooperman Can Help

Today’s business climate is wrought with pressures and competition that was not anticipated years ago. Coupled with a new administration in Washington, it’s important now, more than ever, to work with a team that stays abreast of the latest industry developments. We provide services to many businesses in this arena, they include:

  • Broker-dealers
  • Funds of hedge funds
  • Domestic and off-shore hedge funds
  • Management companies
  • Private equity funds
  • ​Registered investment advisors
  • Registered investment companies ("'40 Act" Funds)
  • Specialty finance companies
OurRelated Services


  • Preparation of annual statements
  • Fund of funds audits
  • Surprise custody examinations
  • Performance examination reports
  • Audits of financial statements pursuant to SEC Rule 17a-5 including compliance exams (where applicable)
  • Compensation and fee structure agreements


  • Punctual annual K-1 delivery to partners
  • Innovative securities transaction tax planning
  • Preparation of partnership economic and tax allocations
  • Assisting in the implementation of procedures to evaluate and monitor uncertain tax positions required by Fin 48 Accounting for Uncertain Tax Positions (UTP’s), including assistance in the evaluation of UTP’s on their technical merits
  • Review of tax provisions and transfer pricing studies

Advisory Services

  • Advisory services as they relate to FINRA, the SEC, CFTC, the National Futures Association, and other regulatory agencies
  • Customer reserve computation
  • Management fee and incentive allocation structure
  • Cost allocation studies
  • Dodd Frank Wall Street Reform and Consumer Protection Act implementation
  • Organizational structure set-up
  • Management company operating cash requirements
  • Management company staff requirements
  • Valuation of privately held investments