Regulated Investment Companies

The nature of regulated investments make these organizations particularly sensitive to critical reporting requirements and deadlines to investors and regulators alike. The Financial Services Group at WithumSmith+Brown (WS+B) understands the challenges that you face. We dedicate expert resources that provide proactive, timely support to put our clients in a position of strength.

Services to regulated investment organizations include:


  • Compliant reporting and other regulatory reporting (in accordance with auditing standards generally accepted in the United States or International accounting standards).
  • Audit of financial statements including review of annual filings with the SEC
  • Audit the quarterly holdings of investments, in accordance with Rules 17f-1 and 17f-2
  • Performance attestations
  • Review of semi-annual reporting to shareholders
  • Review post-effective amendments to registration statements and proxy filings
  • Internal control reviews


  • Compliance with Subchapter M of the Internal Revenue Code
  • Preparation of excise tax returns
  • Preparation of federal and state tax returns (including K-1 reporting)
  • Preparation of federal and state tax returns for the general partner and investment advisor
  • Review of required dividend distribution calculations
  • Prepare partner allocations
  • Provide proactive ongoing advice on tax issues specific to investment companies
  • Assistance with IRS and State tax audits
Frank R. Boutillette
Frank R. Boutillette