Hedge/Private Equity Funds
Berkower LLC and Rankin Berkower (Cayman) LTD also provide start-up consulting services, accounting services, auditing services, tax preparation and consulting services, and financial statement preparation services to over 300 private investment companies, offshore funds, commodity pools, funds of funds, and private equity funds throughout the United States and in the Cayman Islands. These entities invest in a wide array of financial instruments including equities, options, debt and mortgage-backed securities, commodities and energy related instruments, real estate, loan participations and asset based lending, special situations and private equity investments.
In addition, Berkower LLC provides other specialized services including performance examination reports, review of organizational documents, consultation on structural and choice of entity matters, jurisdictional issues, taxation alternatives and election requirements, consultation on accounting and allocation for private equity and restricted securities investments, incentive allocation arrangements, and investor and third-party due diligence services.
BROKER DEALERS IN SECURITIES
We presently provide services to nearly twenty broker-dealers in securities for which we provide a full range of audit, tax and consulting services. As independent auditors, our commitment is to generate timely and cost-efficient audit reports in order to provide management with the opportunity to react to financial information and recommendations made by us during our audit. Our clients include NASDAQ and New York Stock Exchange members, municipal and government institutional broker-dealers, retail broker-dealers, over the counter market makers, puts, calls and option writers, distributors of private placements, underwriters, and traders for their own account.
We provide consulting services in many areas, including initial capitalization and organizational structure, assistance to accounting and back-office operations regarding net capital, internal accounting controls, assistance in review of regulatory reports (FOCUS reports, etc.), and regulatory examinations.