Financial Services

Financial Services

In an environment of evolving regulations and increasing scrutiny, financial services firms need accounting and consulting advisors they can rely on for knowledgeable counsel and rapid, responsive service. J.H. Cohn’s financial services professionals combine first-hand knowledge of the industry with strong technical skills and client service ability.

Financial Services: Making the most of market opportunities

Change typifies today's financial markets and J.H. Cohn provides the resources and expertise that help clients seize new opportunities. Our Financial Services Industry Practice specializes in value-added services for clients, including broker-dealers, investment management companies and their respective securities fund (hedge funds).

Building Investment Partnerships

During the critical start-up phase of a fund, J.H. Cohn provides valuable structural advice and expertise and collaborates with the fund's general partner and legal counsel on partnership agreements, private placement memorandums and other offering documents. Our clients' funds -- which include both domestic and offshore funds -- invest in a variety of financial instruments including the following:

  • Derivative financial instruments
  • Distressed securities
  • Foreign securities
  • Other investment partnerships (funds of funds)
  • Traditional domestic debt and equity securities

Once hedge funds are operational, our accounting, audit, and tax services can include the following:

  • Annual audit of financial statements
  • Preparation of tax returns and related schedule K-1’s
  • Assistance with all stages of private equity funds including partnership agreements, private placement memorandums, and other offering documents
  • Preparation of partnership economic and tax allocations
  • Quarterly compilation or review of financial statements
  • Corporate tax outsourcing
  • Performance reviews
  • Surprise examinations pursuant to Rule 206(4)-2 of the Investment Advisers Act of 1940

Our hedge fund specialists are on top of the constantly evolving issues that face the industry including tax legislation, the latest accounting pronouncements, new securities laws and market tactics that affect investment decisions. We provide technical consulting to allow general partners and/or investment management companies to plan for and achieve optimal financial and tax benefits.

Services to Broker-Dealers

Our experienced professionals provide the highest levels of quality service to broker-dealers. From auditing year-end financial statements to computing net capital requirements, auditing internal controls, or determining tax structures, we understand the unique challenges facing today's broker-dealers. At J.H. Cohn, the people you meet initially will be the ones with whom you work - our team has in-depth industry expertise and resources to offer a full range of planning and regulatory advice.