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About Our Services

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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Assurance Services

Employee Benefit Plan Audits Internal Controls Investment Company Audits Private Company Audits SOC Readiness & Compliance

Tax Services

Federal Tax Planning & Compliance High Net Worth & Wealth Transfer International Filings & Structuring Investment Company Tax State & Local Tax Tax Credits & Incentives Transaction Tax Planning

Advisory Services

Business Valuations Data & Insights Digital Finance Solutions IT Strategy & Implementation M&A Advisory Outsourced Accounting Solutions Risk Assurance & Advisory Transaction Services Turnaround & Restructuring

Our Industry Expertise

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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Our team wants to help your team stay up to date. Browse our thought leadership, events and news for insights and a point of view on business-critical topics.

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Browse valuable articles and publications our experts have written to help you and your organization answer key questions — and consider new ones.

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Find out what is happening at Cohen & Company, from industry recognitions and growth updates, to where we are contributing to important media stories.

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Foundational Principles In the Community Diversity, Equity & Inclusion Technical Excellence Alumni TIAG Membership
Why Cohen & Company Our Culture Total Rewards & Benefits Intern & Entry Level Opportunities Experienced Opportunities
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Registered Investment Advisers

News

Cohen & Company Closes Deal with BBD’s Investment Management Group

Combined team becomes second-largest ETF auditor and fourth-largest registered funds auditor in U.S.

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Comprehensive Solutions & Services for RIAs

We intimately understand a Registered Investment Adviser’s (RIA) business, and not just from a financial reporting perspective. We understand an RIA’s business as a whole, its clients, revenue cycles, product lines, compliance challenges and related entities — whether that includes an affiliate broker/dealer, trust company or fund (private investment partnership or public mutual funds).

While attest services such as audits, surprise custody exams and Global Investment Performance Standards (GIPS®) engagements are paramount to RIAs, so are tax-saving and business planning ideas. Our firm’s sizable Tax Department specializes in international tax services, state and local credits and incentives, estate and gift planning, and a variety of other areas impactful to RIAs.

Our RIA Industry Services

We offer the following range of services:

  • Audit or financial statement preparation

  • Preparation or review of federal, state, and local income tax returns and Form K-1s

  • Consultation related to complex securities and derivative investments, various corporate actions, foreign investments and trader vs. investor status

  • Consultation regarding U.S. tax withholding and related filings

  • Consultation related to onshore & offshore fund structuring, effectively connected income, ERISA & UBTI

  • Tax preparation and planning related to fund general partners/managing members and advisers

  • Tax services for individuals

  • Surprise custody exams

  • GIPS® verifications and performance examinations

Our Tax Services for Individuals

RIAs deal with complicated tax matters in the course of business, which ultimately affect their owners’ personal tax situation as well. We work with RIAs on their business tax issues and then leverage that knowledge to provide insightful ideas for owners’ personal tax matters. We assist with:

  • Individual federal and state income tax compliance

  • Family Limited Partnership, trust, and gift and estate tax planning and compliance

  • Industry-specialized income tax preparation related to active traders and owners of investment advisers or broker/dealers

>> For questions regarding individual taxation, contact Sue McGovern, CPA, at susan.mcgovern@cohenpa.com. 

Our Surprise Custody Exam Services

Certain investment advisers registered with the SEC and deemed to have custody of client assets are required to engage a CPA firm, registered with and subject to regular inspection by the PCAOB, for the purpose of conducting an annual surprise custody exam. But the advisory process begins with determining who falls under the scope of the custody rules. Part of our work with RIAs has been to assist them in determining if an exam is even necessary. Surprisingly, many RIAs that believe they are subject to the rules, in fact, are not.

For those that do require an exam, our firm can perform the audit efficiently, cost-effectively and with minimal disruption to your operations. As a PCAOB-registered firm subject to regular inspection, we have performed a significant number of custody exams or custody-related internal control reports as a result of the custody rule amendments. We also stay current on continuing developments with the SEC rules and have consulted with the SEC on a number of occasions for interpretations and adviser-specific issues.

>> For questions regarding Surprise Custody Exams, contact Mike Meckstroth, CPA, CGMA, at mmeckstroth@cohencpa.com.

Our GIPS® Services

The overwhelming majority of investment management firms are now Global Investment Performance Standards (GIPS®) compliant. Our GIPS® team combines expertise, individualized attention and cost-effective pricing to assist RIAs in remaining compliant. Currently, we are engaged to provide GIPS® verification and performance examination services for RIAs as well as accounting services for numerous mutual fund families. We assist with:

  • Pre-verification and compliance consulting

  • Assistance with composite membership guidelines and development of internal processes and procedures

  • GIPS® verifications, including verification statement

  • Performance examinations of specified composites

>> For questions regarding GIPS®, contact Lindsay Selick, CPA, at lselick@cohencpa.com. 

Meet Our Leadership

Lori Novak, CPA

Partner, Assurance
lnovak@cohencpa.com
216.649.5719

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