Financial Services Practice

Transcription

1 Financial Services Practice bringing your financial objectives within reach

2 Partner with a firm... that offers solutions that lead to financial growth 2

3 Table of Contents 01 About Us 5 02 Our Financial Services Practice Additional Grassi & Co. Services Additional Resources 20 3

4 Businesses move fast and deadlines are short never miss a beat with Grassi & Co. 4

5 About Us 01 Grassi & Co. has a proven record of success providing exceptional service and proactive advice that will assist you in achieving your business objectives. You will be served by a team of experts who work with a variety of financial services clients and have extensive knowledge of the issues and challenges they face in today s economy. Our professionals have deep experience ensuring client confidence that the services performed will be completed efficiently, accurately, and precisely. Grassi & Co. has built a strong reputation across the NY Metro area for providing timely and accurate service. Clients rely on our services and advice to make decisions regarding their business needs. Our practical approach will provide you with enhanced value and a greater sense of comfort. With steady growth and an unwavering approach, our firm has developed into a team of nearly 200 professionals, each specifically trained to focus on your business. The firm has grown as our clients have grown, allowing us to become one of the Top 100 largest firms in the U.S. according to Accounting Today and INSIDE Public Accounting, the 21st largest firm in the NY Metro area according to Crain s NY Business and the 8th largest firm in Long Island by Long Island Business News. In addition, INSIDE Public Accounting has ranked Grassi & Co. as one of the Nation s Fastest Growing Firms in the country as well as one of the country s Best of the Best Firms. Grassi & Co. has also been ranked among the Top 25 Best Places to Work in New York City by Crain s NY Business and among the Top 10 Best Companies to Work for in New York State by Best Companies Group. With a strong growth record over the past decade, Grassi & Co. offers its clients a multidisciplinary range of services, including: Audit and Attest Services Accounting & Business Services Business Advisory Services Forensic, Litigation Support and Valuation Services Tax Compliance & Consulting Services Technology Consulting Services Our dedicated team of professionals deeply cares about what they do. Day after day, they work intimately with clients to maximize their success, find strategic solutions to business challenges, and maximize their company s and personal potential. Grassi & Co. prides itself on helping our clients reach their next level of success. Client-Centric Service Approach Grassi & Co. is built around a client-centered, practice-focused approach, providing clients with expertise based around their specific needs. Each practice group studies the dynamics of their industry, gathering the necessary information to make positive business improvements for clients. Our professionals meet with dozens of thought leaders, influential individuals within the industries they serve clients, prospects, and advisors (insurance consultants, bankers, attorneys, etc.) to learn about key points and developments related to the industries we serve. 5

6 Services performed by professionals... with integrity and industry knowledge 6

7 Our Financial Services Practice 02 Knowledge and Expertise in the Financial Services Industry Given today s challenging and unprecedented economic and regulatory environment, it is critical for financial services firms to engage an advisor that understands their complex industry and business issues. Our financial services experts are committed to provide the highest quality assurance, accounting, tax and business advisory services. We service over 250 financial services clients spanning investment entities of all types, including broker dealers and registered investment advisors. We are a PCAOB registered and inspected firm and our professionals have the knowledge and insight to help you navigate through the complexities of the highly regulated financial services industry. Investment entities we serve include: Hedge funds Fund of funds Master feeder structures Offshore funds Venture capital funds Family offers Private equity funds Commodity pools REITS Start Up Services and Structuring Organizational structuring Management & incentive fee structuring Private placement memorandum & partnership agreement review from an accounting, tax and business perspective Corporate structuring and ownership issues Regulatory issues consultation Assurance Services Audit of financial statements Investment performance track record reporting SEC custody audits for registered investment advisors SSAE 16 internal control reviews Agreed upon procedure reporting Accounting & Administration Services Fund accounting and administration, including partner allocations and financial reporting Back office accounting and bookkeeping services, including payroll administration Tax Services Creative tax planning on investment transactions to optimize returns Preparation of federal, state and local tax returns for investment entities, management entities and general partner/managing members Provide tax estimates for investors and shareholders Assist with ASC 740 (FIN 48) issues for financial statement reporting purposes Representation before all federal, state and local taxing authorities Residency reviews 7

8 our partnership promise... 8

9 working together to manage your finances 9

10 02 Our Financial Services Practice MANAGEMENT TEAM Barry Goodman, CPA Financial Services Practice Leader Audit Principal address: Barry Goodman is an Audit Principal and the Practice Leader of Grassi & Co. s Financial Services Practice. He specializes in providing accounting solutions for broker dealers, hedge funds, private equity funds, fund of funds and closed-end mutual funds. Mr. Goodman is responsible for managing several client engagement teams. He and his staff work closely with clients providing recommendations and implementing solutions that help structure and manage their middle and back offices. Barry spearheads the Firm s initiatives to educate and inform professionals in the alternative fund industry with current trends and relevant issues. He recruits speakers, organizes meetings and facilitates seminars. Additionally, Mr. Goodman is responsible for staff training and developing course materials on timely topics. Barry has more than 20 years of accounting experience. He has worked for both national and regional accounting firms in addition to being a Controller for a global alternative investments platform focusing on leveraged loan investments. He is also a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA), where he is the Vice Chair of the Investment Companies Committee. Barry earned his Bachelor of Science in Accounting from State University of New York at Albany and a Master of Science in Taxation from Baruch College. 10

11 Our Financial Services Practice 02 MANAGEMENT TEAM Robert Schachter, CPA Partner-in-Charge of Tax Services - Financial Services Tax Partner address: rschachter@grassicpas.com Robert S. Schachter is the Partner-In-Charge of Tax Services for Grassi & Co. s Financial Services Practice. His extensive public accounting experience spans more than 25 years with transactions involving a variety of financial products derivatives tax efficient trading and investment strategies. Robert assists development stage entities investment partnerships broker-dealers fund of funds and private equity funds. He is often engaged by clients to review partnership agreement allocations and consult on adverse effects reflecting such allocations. In addition he is heavily involved with tax structuring for private equity transactions including the tax ramifications to multi-state consolidated corporate entities with highly-compensated employee owners. Prior to joining the Firm he was with a national accounting firm where he developed his hedge fund experience. Robert also spent several years with a Big 4 accounting firm in the area of international tax. Robert is a member of the American Institute of Certified Public Accountants (AICPA), New York State Society of Certified Public Accountants (NYSSCPA) where he served as the Taxation of Financial Instruments & Transactions Committee Chair and the New Jersey Society of Certified Public Accountants (NJSCPA) where he served as the Chair of the State and Local Tax Committee and currently serves as the Tax Interest Group Leader. Licensed by the States of New York and New Jersey, Robert earned his Bachelor of Science in Accounting from C.W. Post Campus of Long Island University. 11

12 02 Our Financial Services Practice MANAGEMENT TEAM James A. Anziano, CPA Audit Partner address: Jim Anziano is an Audit Partner with Grassi & Co. s Financial Services Practice. Jim began his career in 1977 upon graduation from college. His experience and expertise includes investment partnerships and hedge funds, as well as investment advisors. Jim heads up the Firm s Fund Accounting and Administration Team and has significant experience in providing audit, accounting and administration services to the Financial Services Industry. Jim is currently a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA), where he serves on the Investment Companies Committee. He earned his Bachelor of Business Administration from Pace University. 12

13 Our Financial Services Practice 02 MANAGEMENT TEAM Stephen Bracone, CPA Audit Principal address: Stephen Bracone is an Audit Principal within Grassi & Co. s Financial Services Practice. He specializes in a wide array of financial services entities including domestic and offshore funds, master-feeder funds, fund of funds, mutual funds, investment advisers and broker dealers. He has more than 20 years of experience in advising investment companies, privately held companies and public companies, in a wide variety of industries. He works with clients on business and administrative issues, including forming and operating businesses, and assists with the formation of new funds. His clients range from start-ups to multi-billion dollar funds with a wide variety of trading strategies. In addition to client responsibilities, Stephen is part of the recruiting, training and mentoring process at the Firm. He is involved with interviewing prospective candidates, developing and instructing in-house professional development seminars and also mentors staff of various levels within the Firm for their advancement and growth. He is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA). Stephen earned his a Bachelor of Science in Accounting from Fordham University. 13

14 02 Our Financial Services Practice MANAGEMENT TEAM Matthew Jahrsdoerfer, CPA Audit Principal address: Matthew Jahrsdoerfer is an Audit Principal at Grassi & Co. Matthew possesses over twenty years of accounting and consulting experience. His primary focus has been on auditing of financial statements as well as compliance and filing requirements on a number of mergers, acquisitions, initial public offerings and recapitalizations of both public and private companies. Matt specializes in services for clients in the financial services, technology, manufacturing, and distribution industries. He has written many industryrelated articles and has taught continuing education seminars on various accounting and auditing issues. Matthew is a member of the American Institute of Certified Public Accountants (AICPA), the New York State Society of Certified Public Accountants (NYSSCPA) and a graduate of LIU C.W. Post Campus. 14

15 Our Financial Services Practice 02 MANAGEMENT TEAM Eliot Goldberg, CPA Tax Principal address: Eliot Goldberg is a Tax Principal within Grassi & Co. s Financial Services Practice. Prior to joining Grassi & Co., Eliot was the Director of Taxation at D.E. Shaw & Co., L.P., where he worked for 18 years. Over that period of time, he amassed a wealth of experience addressing complex tax issues. Earlier in his career Eliot practiced audit techniques and well as tax due diligence in acquisitions. Eliot is a member of the American Institute of Certified Public Accountants (AICPA), New York State Society of Certified Public Accountants (NYSSCPA), and the Wall Street Tax Association. Eliot received his MBA in Taxation from Bernard Baruch College of the City University of New York. His undergraduate degree is a BS in Accounting from Brooklyn College of the City University of New York. 15

16 02 Our Financial Services Practice MANAGEMENT TEAM Avi Rosenblatt, CPA Senior Manager address: Avi Rosenblatt is a Senior Manager in Grassi & Co. s Financial Services Practice where he specializes in pooled investment vehicles, including Hedge Funds, Private Equity and Fund of Funds. Avi manages the Fund Administration department where he oversees the day to day activities of the administration clients. He has more than 10 years of experience and is proficient in audit, accounting and tax engagements for clients in the private investment partnerships industry. He also has expertise in consulting on structuring all variety of Funds and performance return examinations of advisors. Avi is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA). He is also a committee member of the Hedge Funds Care Young Professionals Committee. Avi earned his Bachelor of Arts degree in Accounting from Queens College. 16

17 serving over 250 financial services clients 17

18 Providing services that ensure... 18

19 all the pieces fit together 19

20 03 Additional Grassi & Co. Services Professional Services With nearly 200 professionals in the New York Metro area, Grassi & Co. has the knowledge and ability to provide companies with the services they need to help bring their businesses to the next level. Some of professional services we provide, include: Audit & Attest Services Our audit professionals have extensive experience providing a variety of services, including: PCAOB Audits Initial Public Offerings (IPOs) Financial Statement Audits, Reviews and Compilations International Financial Reporting SSAE 16 Employee Benefit Plan Audits Tax Compliance and Consulting Services Our professionals provide a variety of tax compliance and consulting services, including: International Taxation Income Tax Planning & Projections Preparation and Filing of Tax Returns, including GST Returns M&A Advisory and Transaction Structuring Tax Credits and Incentives Tax Controversy and Compliance (Federal, State & Local) Bankruptcy & Insolvency Financial Administration Succession and Estate Planning Accounting & Business Services Grassi & Co. s Accounting & Business Services Practice has extensive experience providing a number of services, including: Accounts Payable/Receivable Bookkeeping and Bill Paying Budgeting, Forecasting and Projections Cash Flow Monitoring Cloud-based Accounting Software Solutions Financial Statement Preparation Fixed Asset Management General Ledger Accounting Month-end Closing Business Advisory Services Grassi & Co. s Business Advisory Services Practice consists of former CFOs and provides a suite of consultative services, including: Sarbanes-Oxley Initial Public Offering (IPO) Readiness 20

21 Additional Grassi & Co. Services 03 Internal Audit Outsourcing Cash Flow and Budget Analysis Internal Controls Analysis Enterprise Risk Management Corporate Governance Financial Modeling and Business Structuring M&A Consulting CFO Advisory (Outsourced CFO Services) Compliance Acquisition Due Diligence Management Advisory and Business Optimization Strategic Planning Forensic, Litigation Support & Valuations Services For over three decades, our Forensic, Litigation Support and Valuation professionals have served clients with regards to: Investigative Accounting Fraud Deterrence & Detection Litigation Support & Dispute Expert Testimony Economic Analysis Investment Decisions Controversy Services Valuations Estate and Gift Taxes/Succession Planning Business Sale, Purchase or Merger Buy/Sell Agreements Corporate Financing Litigation, Disputes and Arbitration Bankruptcy/Reorganization Technology Consulting Services Grassi & Co. s Technology Consulting Practice includes highly skilled and knowledgeable IT professionals providing a variety of services to clients, including: Software and System Selection Needs Assessment Product Research Vendor Selection Purchase Negotiation Software and System Implementation and Training 21

22 04 Additional Resources Grassi & Co. is an independent firm associated with Moore Stephens North America, the North American region and of Moore Stephens International Limited and the 6th largest CPA association in the United States. Moore Stephens International Limited is a global association that consists of more than 300 independent accounting and consulting firms with nearly 650 offices in 100 countries. The breadth and depth of services available to our clients are equivalent to those offered by Big 4 firms. These services are enhanced by a more hands-on, personalized approach to serving client needs. Together, we can work with you to develop a strategy to help you reach your desired goals. Grassi & Co. s International Practice Grassi & Co. s International Practice leverages the Moore Stephens network as well as the expertise of our local professionals, who speak more than 25 foreign languages, to provide our clients with professional services needed to meet their global objectives. Through our international experience and global reach we provide domestic and international organizations with a full suite of accounting, tax and consulting services, resulting in our clients benefiting from collective Big 4 equivalent intellectual capital that reaches beyond regional or even national borders into the global market. 22

23 Take control of your future with guidance from Grassi & Co. 23

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