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We offer tailored solutions — whether private company or owner; public or private fund, adviser or fund service provider; or Fortune 1000 enterprise. Learn how we can help you.

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Employee Benefit Plan Audits Internal Controls Investment Company Audits Private Company Audits

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Our industry experience means you can find professionals who speak your language and bring earned insights to the table. Learn how we can help you.

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Digital Assets Investment Companies Manufacturing Private Companies Private Equity Real Estate & Construction Technology & Life Science
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Foundational Principles In the Community Diversity, Equity & Inclusion Technical Excellence Alumni TIAG Membership
Why Cohen & Co Our Culture Total Rewards & Benefits Early Career Opportunities Experienced Opportunities Join Our Talent Community
Akron, OH Baltimore, MD Buffalo, NY Chicago, IL Cleveland, OH Deer Park, IL Denver, CO Detroit, MI Milwaukee, WI New York, NY Philadelphia, PA Pittsburgh, PA St. Clair Shores, MI Youngstown, OH
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Investment Companies

Collective Investment Trusts

Top-Tier Efficiency and Service for Your CIT

Our firm’s focused, team-based audit approach and experience — specifically with rules and compliance related to the Employee Retirement Income Security Act of 1974 (ERISA) — offers expertise and insight to the niche area of collective investment trusts (CITs). Even though these pooled investment vehicles do not have SEC regulatory and reporting burdens, CITs have their own unique set of complex reporting requirements and often are limited with respect to who can invest in them. Additionally, many CITs are funded by employee benefit plans, rendering CITs subject to ERISA regulatory requirements.

We work with CITs ranging from newly seeded funds with $100,000 in net assets to those with substantial asset levels and include highly respected and recognizable names in the industry. Our hands-on approach to these funds combined with our technical depth surrounding audit and accounting issues affecting the investment industry allow for an efficient and service-oriented approach that cannot be matched by our competitors.

Our CIT Client Profiles

Our representative client types include a variety of operating structures, fund types and investment compositions:

  • Trusts with multiple funds

  • Multi-class funds

  • Newly established funds

  • Experience with various trust companies and fund service providers nationwide

  • Other operating structures and fund types, including fund-of-funds

  • International, global equities, and emerging markets funds

  • Real estate funds

  • Large, mid, small and micro-cap equity funds

  • Long-short funds

  • Fixed income funds

  • Muni, corporate, asset-backed, mortgage-backed, high-yield and illiquid bonds

  • Derivatives, including futures, options, commodity-linked securities and swaps

  • Pass-through investments such as partnerships, QPTPs and REITs

  • Collective investment trust services

  • Comprehensive audit services

  • Form 5500 preparation and filing

Meet Our Leadership

Marcy Kempf, CPA

Partner in Charge, Markets & Industries
Partner, Cohen & Co Advisory, LLC
Partner, Cohen & Company, Ltd.
mkempf@cohenco.com
414.203.6328

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"Cohen & Co" is the brand name under which Cohen & Company, Ltd. and Cohen & Co Advisory, LLC, and its subsidiary entities, provide professional services.

Cohen & Company, Ltd. and Cohen & Co Advisory, LLC practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards.

Cohen & Company, Ltd. is a licensed independent CPA firm that provides attest services to its clients. Cohen & Co Advisory, LLC and its subsidiary entities provide tax, advisory and business consulting services to their clients and are not licensed CPA firms.

The entities operating under the Cohen & Co brand are independently owned and are not responsible for the services provided by any other entity operating under the Cohen & Co brand. Our use of terms such as “our firm,” “we,” “us” and other terms of similar import denote the alternative practice structure of Cohen & Company, Ltd. and Cohen & Co Advisory, LLC.

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