Why are more mutual funds & ETFs than ever before choosing BBD for audit and tax services?

Strength of Your Service Team

For audits of mutual funds and ETFs, real value is found in the strength of the service team that will serve your Funds day-to-day.  We staff our service teams with senior personnel with significant fund expertise because we understand that the strength of a day-to-day service team, the professionals who will really perform audit and tax services for your Funds, will determine the quality of the audit and tax services and the level of attention you will receive.  BBDs senior Investment Management Group members, who are active, hands-on members of all service teams, have worked in the industry, on average, for more than 18 years.

Unlike many firms, with five partners dedicated to the service of the investment management industry, you can be assured that your audits will never be directed or reviewed by a partner who serves another industry.  And also unlike many firms, teams are staffed at all levels with professionals who serve only the investment management industry.  No one on your service team, at any level, serves clients outside the industry.

Your Service Team Understands the Current Industry Issues and Trends and How Those Issues and Trends Impact Your Funds

BBDs Investment Management Group is active within the investment management industry, particularly with the Investment Company Institute (ICI).

• Mike Boyle, our firms managing partner and a partner in our Investment Management Group, currently serves on the Independent Accountants Advisory Group of the ICIs Accounting/Treasurers Committee.
• Adrian Micu, our Director of Tax Services, currently is a member of the ICI Tax Advisory Committee.
• Jim Kaiser, a partner in our Investment Management Group, recently has presented at ICI gatherings on current valuation issues and related audit considerations.

Additionally, in order to provide regular insight, analysis and interpretation for our clients and friends on the issues and challenges facing the investment management industry, BBD maintains a blog, investmentcompanynotebook.com.  We also produce a quarterly Webinar series specifically designed to address the oversight concerns of mutual fund and ETF directors and trustees.

BBD also is sought out regularly by the nations premier financial media to discuss issues and challenges facing the industry.  In the past two years, BBD has commented in Money Management Executive. Ignites. Fund Director Intelligence. MutualFund Wire and Onwallstreet .

The strength of our service teams and our deep industry involvement are important elements of our commitment to our clients:  Your Funds will always be served by a team with significant investment management industry expertise and will always receive the highest level of client service.

Services for mutual funds and ETFs include:

Audit and Audit-Related Services

• Audits of annual financial statements
• Assistance with semi-annual reports to shareholders
• Review of post-effective amendments to registration statements
• Internal Controls reviews

• Preparation or review of federal/state income tax returns
• Preparation or review of federal excise tax returns
• Assistance with interpretation sub-chapter M requirements
• Assistance with or review of dividend distribution calculations
• Assistance with Year-end Form 1099 and other tax reporting
• Assistance with analyzing tax ramifications of complex securities transactions

In addition to audit and tax services, our Investment Management Group offers objective insight regarding:

• Organization of start-ups
• Selection of form of organization
• Selecting third-party service providers

Can we help you?  Contact any member of our Investment Management Group listed to the right.