Managed Accounts and Hedge Fund Performance Analysis and Reporting

The value of open and honest communication between trading advisors and their investors has become more apparent over the past few years as advisors are faced with more pressure to demonstrate performance and comply with increasing regulations with fund performance analysis and performance reporting. Trading advisors often ask what they should communicate and how they can prepare the information quickly in a format that makes sense to investors and regulators.

Fund performance reporting based on thorough analysis

Arthur Bell has extensive experience with fund performance analysis and reporting to help advisors understand the questions they need to address to support investor expectations and regulatory requirements. We conduct a thorough analysis of broker statements, client schedules and other documentation to customize performance records, monthly financial statements, and special projects for managed accounts and hedge funds. We have developed internal processes based on our knowledge and experience to effectively:

• Prepare fund performance records for trading advisors in accordance with the rules and regulations of the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC):
  • Analyze performance from broker statements and client schedules
  • Monitor statements for cash activity and non-recurring transactions
  • Consult with clients on statements and make adjustments as necessary
  • Calculate advisory fees
  • Prepare individual and composite performance tables and capsule performance records
  • Prepare advisory fee invoices to be sent to investors
  • Assist clients with their regulatory audits by answering questions and providing relevant information to the NFA
  • Respond to due diligence inquiries upon client request
• Prepare monthly financial statements for various alternative investment funds:
  • Analyze cash and investment activity
  • Perform general ledger accounting including balance sheet and income statement
  • Prepare partner allocations, partner account statements, calculation of advisory fees, and more
• Prepare annual fund compilations and provide support documentation to fund auditors as needed
• Review the monthly accounting and fee calculations for various funds and prepare the annual financial statements
• Conduct fund performance record examinations
• Consult with clients on the calculation of their performance, regulatory compliance, the preparation of pro forma and hypothetical performance, and other special projects

Why Arthur Bell?

Industry Experience

Arthur Bell has been committed almost exclusively to the alternative investment industry since the firm’s inception in 1974. Our team is trained from day one on fund performance analysis and fund performance reporting for managed accounts. As a result, we know what to expect and how to respond when a situation requires more in-depth review.

We understand the rules and regulations established by the NFA and the CFTC, so we often advise clients on compliance and transparency. In fact, our firm was part of the team working with the NFA to develop guidance on performance reporting for partially-funded accounts.

Client Service

We have a solid reputation for responsiveness and commitment to client service. When clients call, we pick up the phone. We are accessible and available to you for all of your questions and needs. We also know that your projects require immediate turnaround, so we strive to meet deadlines and deliverables ahead of schedule.

Quality Assurance

Our firm has an extremely high rate of employee satisfaction and retention, which means you benefit from more experienced teams, greater understanding of client issues, less burden on your staff, increased productivity, and more effective procedures to mitigate risk.

We are also evaluated for quality and independence by our peers. As a member of the Center for Audit Quality of the American Institute of Certified Public Accountants, we are subject to peer review by an independent public accounting firm every three years, and our previous peer reviews have received the highest available rating. 

We welcome you to contact us for more information on Arthur Bell and how we can help with your performance analysis and reporting needs. You can reach us at (410) 771-0001 or via email at contactus@arthurbellcpas.com.