Whether your investment management business is well established or in start-up mode, HedgeCount, LLC has a highly experienced team of professionals ready and able to serve you.  Unlike many administrators who may only offer traditional fund administration services, our seasoned management team offers a wide variety of fund administration, tax, financial statement preparation and accounting services beginning at the fund level and continuing through to the management company level and management company Principal level.  The services offered by HedgeCount, LLC include:

Fund Administration
Tax Compliance & Consulting
Financial Statement Preparation
Management Company Accounting
Broker/Dealer Services
Family Office Administration
Commodity Trading Advisor Administration

Contact us if you would like more information about our services. HedgeCount, LLC can provide services on a customized basis to meet the specific needs of individual clients.

Fund Administration 

HedgeCount, LLC offers a wide array of fund administration services to both domestic funds and offshore funds:

Domestic Fund Administration Services:

• Fund formation consulting (review drafts of offering documents to make suggestions regarding allocation issues, tax provisions, fee structures and side-pocket provisions)
• Fund and management company structure advice
• NAV calculation
• Preparation of balance sheet and income statement
• Calculation of management fee and incentive allocation
• Preparation of performance statistics (including AIMR and GIPS standards)
• Preparation of customizable investors capital account statements
• Process subscription, redemption and assignment requests
• Maintain subscription documents
• Collaborate with the auditor to ensure a timely and efficient audit
• Disbursement/Independent Representative procedures
• Monitor ERISA Plan Asset compliance
• Account for complex securities and side-pockets
• Service provider referrals (Prime Brokers, Marketing, HR, Legal and Auditing)
• Operations and internal control consulting 

Offshore Fund Administration Services:

• Fund formation consulting (review drafts of offering documents to make suggestions regarding allocation issues, fee structures and side-pocket provisions)
• Fund and management company structure advice
• NAV calculation
• Preparation of balance sheet and income statement
• Preparation of allocations by share class
• Preparation of customizable investors statements
• Share roll-forward schedules
• Coordination with offshore legal counsel and service providers to ensure compliance with CIMA/BVI FSC
• Maintenance of deferred incentive fee schedule
• Coordinate filings with CIMA/BVI FSC
• Assist in identifying independent board of directors
• Coordinate issuance of the annual audit with Cayman/BVI FSC sign off

Offshore Fund Transfer Agency Services*:

• Perform AML checks
• NAV communication to investors
• Subscription and redemption administration
• Maintenance of shareholder register
• Corporate secretarial services

* These services are performed through our relationship with an independent offshore service provider.

Contact us if you would like more information about our fund administration services.

Tax Compliance and Consulting 

At HedgeCount, LLC, we understand that the timely delivery of Investor K-1s is one of the most crucial investor reporting issues managers have to deal with.  One of the primary benefits of engaging HedgeCount, LLC to handle your Fund's tax compliance matters is timing.  Because HedgeCount, LLC prepares a fund's tax allocations along with the fund's book allocations each break period, we are well positioned to deliver investor K-1s much quicker than another outside service professional.  Another benefit of engaging HedgeCount, LLC to handle your Fund’s tax compliance matters is our ability to generate year-end tax estimates for the Fund's investors.  

One of the most unique aspects of HedgeCount, LLC is our ability to supplement our fund administration services with the delivery of comprehensive tax services at the management company level and management company Principal level.  By serving as the Tax Advisor at all levels, HedgeCount, LLC substantially reduces the number of service professionals involved in the tax preparation process and creates potential tax savings opportunities because of our ability to "see the whole picture."

HedgeCount, LLC offers a host of tax services, including:

Domestic Fund Tax Services:

• Preparation of federal and State partnership tax returns and Investor K-1s
• Wash sale, constructive sale and straddle analysis
• Preparation of year-end tax estimates
• Tax minimization planning
• Trader versus Investor determination
• Preparation of Forms 1042 and 1042-S for non-U.S. investors
• Preparation of Forms 926 and 8865 for investments in offshore funds
• Preparation of Form 8621 for PFIC investments
• IRS and State Audit assistance  

Offshore Fund Tax Services:

• Preparation of federal and State partnership tax returns and Investor K-1s for offshore master funds or stand-alone offshore funds that made a "check-the-box" election
• Annual PFIC Information Statement preparation

Management Company Tax Services:

• Preparation of federal and state tax returns and Member K-1s
• Payroll tax compliance
• Form 1099 preparation
• San Francisco Business & Payroll tax preparation
• California Form 571-L Property Tax preparation
• Compensation planning
• IRS and State Audit assistance

Individual Tax Services:

• Preparation of personal tax returns for management company principals, investment advisors and traders
• Tax projections and estimated tax calculations
• Tax and Retirement Planning
• IRS and State Audit assistance

Contact us if you would like more information about our tax compliance and consulting services.

Financial Statement Preparation 

The preparation of the Fund's annual audited financial statements can be a daunting task.  Many Audit firms are no longer drafting the annual financial statements and footnote disclosures as part of their audit process, even if the Fund is not registered with the SEC. 

At HedgeCount, LLC, our unique "Big 4" accounting and audit background equips us with the unique skill set necessary to draft the Fund's annual financial statements.  Whether your fund requires U.S. GAAP financials or IFRS financials, our professionals are familiar with all of the important pronouncements that impact a Fund's financial statements, including the new pronouncements of FAS 157, Fair Value Measurements, FIN 48, Accounting for Uncertainty in Income Taxes and IFRS 7, Financial Instruments: Disclosures.  Our professionals have drafted annual financial statements for Funds that engage a wide range of audit firms, including PricewaterhouseCoopers, Ernst & Young, Deloitte & Touche, Rothstein Kass and Harb Levy & Weiland.  In addition, our professionals are engaged by other administrators to draft annual financial statements for their clients.

Contact us if you would like more information about our financial statement preparation services.

Management Company Accounting 

In addition to providing comprehensive fund administration and tax services, HedgeCount, LLC can also help investment managers deal with the cumbersome accounting and operational issues associated with the management company.  HedgeCount, LLC’s management company accounting services include:

• Initial set-up of the management company accounting system
• Full-service accounting utilizing Quickbooks accounting software
• Maintain a monthly or quarterly balance sheet and income statement
• Preparation of the California Investment Advisor Worksheet
• Compensation Planning

Contact us if you would like more information about our management company accounting services.

Broker/Dealer 

The professionals at HedgeCount, LLC can provide financial accounting services to Broker/Dealers on a monthly or quarterly basis. At the end of each period, we will gather all necessary information from banks, vendors, customers, other third parties and internal records to prepare a comprehensive set of financial statements in accordance with U.S. GAAP. The typical Broker/Dealer reporting package includes:

• Balance sheet
• Income statement
• Statement of changes in members' capital
• General ledger 

Contact us if you would like more information about our broker/dealer services.

Family Office Administration 

Contact us if you would like more information about our family office administration services.

Commodity Trading Advisor Administration 

HedgeCount, LLC offers an array of services to Commodity Trading Advisors (CTAs), including:

• CTA Administration which includes the calculation of management fees and performance fees for each managed account
• NFA performance statistics compliance utilizing the 13-column table
• Billing coordination

Contact us if you would like more information about our CTA administration services.